A Wipro Limited, technology and consulting services company, disclosed thePulse of Cloud Report 2024, that highlights the evolutionary dynamics of cloud adoption and Artificial Intelligence in various sectors of the global market. The survey was conducted with more than500 senior executives and directorsthe areas of IT, finance and operations – everyone involved in decision-making about cloud and AI adoption. Your companies are medium and large-sized in America and Europe, andact in banking and financial services, manufacturing, retail, health, energyandpublic services.
The research reveals the impact of AI on cloud investments, withmore than half (54%) of organizationsresearched citing this technology as the main driver of their cloud investments. Furthermore, more than half of those interviewedindicate thatare increasing investments in hybrid cloud (54%)andpublic (56%). And although the majority of respondents (55%) say that their cloud adoption is currently outpacing AI adoption, more than a third (35%)states thatare advancing both technologies simultaneously.
Research Highlights:
- Cloud investment is increasing:54% of organizations plan to increase investments in hybrid cloud and 56% plan to increase investments in public cloud
- Cloud adoption continues to outpace AI adoption:most organizations (55%) report that their cloud adoption is ahead of their AI adoption, while 35% say they are progressing at the same pace with both technologies
- AI and Generative AI are driving cloud investment:54% of organizations cite AI or Generative AI as the main driver of cloud investment, with a peak in the banking sector (62%), manufacturing (61%) and in retail (55%)
- Hybrid cloud is dominant:60% of organizations report using hybrid cloud, reflecting the need for flexible solutions that balance local and public cloud services
- Focus on cloud cost management:54% of respondents report using utilization analysis and automation tools for cost management
- Interest in unified cloud cost management is growing:59% of organizations, 75% of them in the banking and financial sectors, now they have a unified strategy, indicating a more mature approach to cloud management
The report also reveals the growing focus on cloud cost management, with54% of organizations using usage analytics and automation tools for cost managementand59% now using a unified cloud management strategy.
AI and Generative AI are firmly established as a key factor for the cloud across all sectors, reflecting its position as the transformation platform to enable future innovation and competitive advantage. This trend is expected to continue to strongly influence cloud adoption and investment strategies in the coming year, as major companies continue to migrate data, construir LLMs e adotar ferramentas/aplicativos de IA que exigem uma infraestrutura de nuvem. At the same time, companies will continue to be pressured to keep their cloud costs under control, explainWagner Jesus, country head of Wipro in Brazil.
"As companies rethink their infrastructure to reap the benefits of AI", they are also noticing an increasing value in adopting a cloud economy approach. Our research shows that, as data migration and the adoption of AI-related applications increasingly drive investment in the cloud, "unified cost management strategies are also growing in importance", concludesJo Debecker, Managing Partner and Global Head of Wipro FullStride Cloud.
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