Hong Kong companies slow to adopt cloud computing services
Security and regulatory concerns are slowing adoption of cloud computing services in Hong Kong

Security and regulatory concerns are slowing adoption of “cloud computing” services by major companies in Hong Kong, according to a new study.
The findings came from a survey, commissioned by NTT Com Security, of about 50 senior information technology executives in Hong Kong firms with 500 or more employees.
The report, carried out by market research firm Vanson Bourne, also suggested that Hong Kong had fallen behind other markets when convincing large firms to integrate cloud computing platforms with existing infrastructure.
Cloud computing enables companies and consumers to buy, lease, sell or distribute over the internet as well as private networks a vast array of software, business systems, data and other digital resources as on-demand services. Such resources are hosted in data centres.
Globally, cloud adoption seems to be based on how quickly issues such as security and cost can be reconciled
Catherine Kung, the regional director at NTT Com Security, a global information security and risk-management provider, said financial services remained the most conservative among the industries that participated in the survey.
“Cloud is a well-established and maturing technology, but levels of adoption still vary across different geographies,” Kung said.