Cloud survey results: profitability

This week, we’re bringing you some of the key top-level findings from our survey of 350 business and technology executives. We’ve seen where our respondents come from, what their industries and job titles are, and the size of the companies we surveyed. The final way we segmented our respondents was profitability, which gave us more encouraging numbers. 55% of respondents said that their profit margin was more than 5% over the past two years. The same number said that their company’s profitability has increased during that time. At the same time, 46% of companies said that their profitability has remained the same or decreased.¬†WindstreamProfitabilityWe discovered a correlation between success in the cloud and profitability‚ÄĒthe higher a company’s profit margin, the more likely they are to have well-developed plans and more understanding of the cloud. Furthermore, more profitable companies are more likely to have a cloud migration plan in place and have well-defined metrics for determining ROI from cloud investments.

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