Over half (54%) of Irish businesses are confused about the term cloud computing, according to a new O2 survey, conducted in July by independent research company, iReach*.
Cloud computing allows users to access software, infrastructure 
and storage services over the internet, irrespective of their physical location. A key benefit of cloud computing to business is that technology ceases to be a capital expense and instead becomes an operating cost allowing companies to pay only for what they use, reducing overall costs.
“Lack of awareness appears to be holding back many Irish firms from generating the productivity benefits of the cloud,” commented Alan Brown – Business Director, Telefonica Ireland which operates the O2 brand.
Apart from lack of awareness, the survey finds that the main barriers to adoption are ‘security of data’ cited by over two thirds (68%) of all respondents followed by ‘integration with existing systems’ mentioned by 39% in their top two fears.
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