IDC forecasts total worldwide spending on cloud services (including hardware software and managed services) will surpass $1.3 trillion by 2025 with a compound annual growth rate (CAGR) of 16.9%.
Cloud augments the use of next-gen technologies such as AI and ML, and edge computing to fuel innovation and impactful business outcomes. It also empowers collaboration across organisational boundaries by making available collaborative tools, mobile apps and data exchanges that can be consumed at scale by distinct business units in an enterprise and by partners across an ecosystem.
In our recent Roundtable with the IDC and Intel we discussed how businesses are building out long-term strategies built on high-velocity migrations, going beyond lift and shift and into sustainable, cloud-based innovation.