Enterprises have had somewhat of a distrust of cloud based services since it first came into popularity, but that may be quickly changing, according to TheInfoPro, a service of 451 Research. The report said 60 percent of respondents believe cloud computing services are a natural extension of IT and budget the projects as such. Of organizations that have a separate budget for the cloud, 69 percent expect to increase related spending  in both 2013 and 2014.

Internal, private cloud computing projects are still the most active segment of the industry, as 35 percent of respondents use this, but in the past six months alone, infrastructure as a service and software as a service have doubled to between 30 and 33 percent of projects companies have taken on.

Even though the report clearly shows an increase in cloud computing projects by enterprises across multiple sectors, 83 percent of respondents said they still face challenges in deploying their cloud services. While there are fewer IT roadblocks than before, the business side may be getting in the way, as 68 percent said people, politics and organizational issues are slowing down cloud computing's expansion.

"As organizations are completing their transition to a virtualized datacenter infrastructure, their focus is switching rapidly to cloud computing projects," said Peter ffoulkes, TheInfoPro's research director for cloud computing. "Despite this shift of attention and the associated growth opportunity, there are major roadblocks – for the most part, they are not technology related and fall within the domain of people, process, policy and organizational issues, which are more complex for vendors to address."

Legal issues must be considered
One area where businesses are in the right to be cautious with cloud based services is compliance, as many industries have different rules and regulations that need to be followed closely. Marcus Lee, an attorney at Moore & Van Allen, told TechRepublic that organizations first need to be sure they have data ownership and security responsibilities outlined in writing within the service-level agreement.

To go along with this, organizations must also be certain they have properly vetted the provider they will be working with.

"Even if you have a great contract with the cloud provider with all the right protections, it is still very important for the company to do a thorough due diligence on the cloud provider to be sure it is adequately secured and has appropriate backup capabilities," Lee said of working with cloud based services providers.