DATA & ANALYTICS
N : L ESS
Although moving to the cloud represents a huge time investment , its extensive benefits are well worth the effort .
From increased flexibility and scalability , to cost savings , businesses making the most of cloud computing are to help the sector grow to US $ 1.5tn by 2030 , according to research by Research and Markets .
And as predicted by Gartner , by 2028 cloud computing will shift from being a technology disruptor to becoming a necessary component for maintaining business competitiveness .
According to Milind Govekar , Distinguished VP Analyst at Gartner , organisations are actively investing in cloud technology due to its potential to foster innovation , create market disruptions , and enhance customer retention to gain a competitive edge .
“ While many organisations have started to seize the technical advantages of cloud , only a few have unlocked its full potential in supporting business transformation ,” he explains . “ As a result , organisations are using the cloud to launch a new wave of disruption driven by AI , enabling them to unlock business value at scale .”
Benefits of cloud adoption : cost efficiency , time savings and greater innovation As Rob Van Lubek , Vice President EMEA at Dynatrace , describes , there are clear benefits of cloud adoption . However , if cloud is not optimised then many , if not all , of these benefits are negated .
“ Modern cloud environments have become increasingly complex ,” he says . “ In fact , 71 % of CIOs say the explosion of data produced by cloud-native technology stacks is beyond human ability to manage . This challenge is only increasing as 77 % of CIOs
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