Cloud investment decisions are increasingly being driven by the need to support artificial intelligence.
Furthermore, as organisations prepare for an AI-driven future, they are boosting investment in cloud, with more than half of respondents indicating they are increasing budgets for hybrid and public cloud. “The importance of an effective cloud strategy is only amplified with the increasing focus on AI. The cloud’s scalability and processing power are critical in holding and managing the huge volumes of reference data required by AI. As such, cloud investment decisions are increasingly being driven by the need to support AI.”
“As enterprises rethink their infrastructure to reap the benefits of AI, they are also seeing increased value in adopting a cloud economics approach. Our survey shows that as data migration and the adoption of AI-related applications increasingly drive cloud investment, unified cost management strategies are also growing in importance,” notes Debecker.