Cloud investment is becoming more popular every year, as businesses continue to adopt the computing solution. According to recent research by CompTIA, more than 80 percent of companies use the cloud, and more than half of those businesses plan to increase their cloud investment by more than 10 percent throughout the year.
These investments into cloud solutions are centered around their ability to provide customers with more opportunities that were previously unavailable to them, such as customer relationship management solutions and improved collaboration.
“The option for cloud solutions for various parts of the computing stack is opening the doors for IT professionals to perform new tasks, or at least perform old tasks in new ways,” said Seth Robinson, director of technology analysis for CompTIA. “It’s also creating new job roles and functions to more tightly integrate IT teams with lines of business.”
While the cloud opens up a wealth of new processes businesses can use, there are still security concerns that stem from cloud use. By purchasing cyber liability insurance, firms can feel safe from any litigation that stems from computer hacking or cybercrime.