Cloud-related problems cost firms £500,000 a year, says survey

57 per cent of businesses slowing down or stopping adoption of further cloud apps

Performance issues are costing firms thousands of pounds a year, survey finds

European organisations lose €608,000 (£502,000) every year owing to performance-related problems with cloud-based applications, according to research by enterprise software firm Compuware.

Its survey of 300 European IT directors revealed that 57 per cent of businesses are slowing down or stopping adoption of further cloud applications until they are able to resolve these performance issues.

“So far businesses have largely invested in cloud applications, such as e-commerce sites and online collaboration tools, without really thinking about the hidden business risks that result from poor performance,” said Richard Stone, cloud computing solutions manager at Compuware.

He added that further adoption will be severely hampered unless cloud performance management is tackled.

The research also found that 72 per cent of businesses admitted that their ability to guarantee service levels is severely restricted because cloud applications are delivered over the internet, rather than within the borders of their business.