The survey found customer experience (51 per cent) and automating processes (41 per cent) were the key drivers for companies in India for adoption of new technologies (social, mobility, analytics and cloud or SMAC).
About 91 per cent of the CIOs interviewed said the SMAC stack will provide a competitive advantage for their organisation.
However, there were few takers of public cloud due to security concerns.
He added that 76 per cent of the CIOs felt that hybrid cloud allows for a higher level of agility and security.
Cloud computing facilitates sharing of technological resources, software and digital information. It operates on a pay-per-use model, helping companies cut costs as they do not have to invest heavily on infrastructure.
Cloud computing comes in three forms -- public, private and hybrid (mix of public and private).
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