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IBM Study Reveals Businesses Using Cloud Computing for Competitive Advantage Can Generate Double Revenue and Profit Compared to their Peers

Cloud Ranks Higher on Agenda of Business than IT
IBM Collaborates with 100 Universities globally to Develop Cloud Skills for the Jobs of the Future

Armonk, N.Y. – 24 Oct 2013: IBM today announced that organizations gaining competitive advantage through high cloud adoption are reporting almost double the revenue growth and nearly 2.5 times higher gross profit growth than peer companies that are more cautious about cloud computing, from a recent survey conducted with more than 800 business decision makers and users worldwide. [1]

IBM’s survey also revealed that the cloud’s strategic importance to decision-makers, such as CEOs, CMOs, finance, HR and procurement executives, is poised to double from 34 percent to 72 percent – vaulting over their IT counterparts at 58 percent. (more…)

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Lesbian and gay young people twice as likely to smoke and drink alcohol

Young people who identify as lesbian, gay or bisexual are twice as likely to have smoked than their heterosexual peers, according to new research published in BMJ Open. Lesbian and gay young people were also more likely to drink alcohol frequently and more hazardously.

The interdisciplinary research team comprised researchers from five UK Universities (UCL, University of Cambridge, London Metropolitan University, De Montfort University Leicester and Brunel University), a doctor working in General Practice and a consultant from Public Health England. (more…)

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