A new survey shows that 64% of the 100 Irish respondents believe their organisation will move more to the cloud in the coming months.
The independent study of over 1,200 senior IT professionals - conducted by Equinix - also reveals that 67% believe that proximity to cloud service providers is an important factor when choosing a data centre in Ireland.
In fact, cited by 29% of respondents, cloud service providers are the most likely organisations that Irish businesses will connect with in the future.
The rise in cloud adoption comes at a time when Irish businesses are seeing their data volumes explode.
Equinix predicts that over the next three years, Irish businesses' data volumes will surge by 72%.
It said the growth in data has resulted in the average Irish enterprise spending €1.35m on data storage, processing and handling in the last 12 months.
But worryingly, 27% say their organisation does not have the right infrastructure in place to deal with increasing data volumes.
The Equinix survey was carried out in countries in Europe, the Middle East and Africa.
Its overall results show that 71% of businesses in EMEA are likely to move more of their business functions to the cloud in the coming years.
But despite more business moving to the cloud, 70% of respondents still perceive cybersecurity risks around cloud adoption.
The survey noted that large public data breaches have caused uncertainty among companies, leading to 45% of respondents focusing on improving their organisation's cybersecurity as their biggest IT priority.
Maurice Mortell, Managing Director for Ireland and Emerging Markets at Equinix, said that businesses need to ensure they have robust cloud strategies in place, or they will be left behind.
"Ireland has become a hub for hyperscale cloud service providers and our data centre industry is flourishing.
"It is an extremely attractive place to carry out digital business. In fact, 87% of respondents said they view Ireland as the best place in Europe to interconnect with partners, customers, supply chain and cloud service providers," he added.