DATA & ANALYTICS
“ Countries like India are getting much more assertive about data processing , and this trend is likely to continue ,” he comments . “ It is also true that many nation states are waking up to the vulnerability of their economies to cloud computing . In light of this , there will probably be pressure on cloud providers to reassure nation states about the sovereignty and control of cloud computing resources .
“ It is possible that blocks like the EU or “ the West ” will provide a level of pooled sovereignty that is sufficient for member states . However , the lessons of COVID and the war in Ukraine , which saw significant economic and political impacts from globalised supply chains and offshored labour , may mean that nations may demand complete independence and sovereign capability .
“ What form this will take and how much the wants and needs of smaller countries matter to the cloud giants is not clear at this time .” Cloud set to become a business necessity Most companies currently consider the cloud as a technology platform . In 2023 , organisations are using cloud computing either as a technology disruptor or capability enabler . Gartner predicts that more than 50 % of companies will use industry cloud platforms by 2028 to accelerate their business initiatives . In 2028 , most organisations will be leveraging cloud as a business necessity .
With cloud computing as an innovation facilitator , organisations can distribute platform business concepts widely by using its underlying platform technology to provide interconnections , scale , aggregation and analysis capabilities , which allows the use of technology as a fundamental component of a business model .
SIMON THOMPSON
TITLE : HEAD OF AI , ML AND DATA SCIENCE
COMPANY : GFT LOCATION : UNITED KINGDOM
With nearly 30 years of experience in AI & ML , Thompson has a proven track record of driving success through leading and building AI / ML teams . He excels at delivering innovative solutions to customers in diverse industries such as capital markets , telecoms , insurance , and manufacturing , leveraging his expertise in both consultancy and corporate environments .
“ By leveraging the ecosystem of cloud providers , organisations can introduce innovative products and services , such as fraud prevention solutions for secondhand cars from tire manufacturers , or rapid vaccine development through cloudbased machine learning by pharmaceutical companies ,” said Govekar .
By 2028 , most organisations will fully transform into digital entities capable of sensing and responding to business and market conditions . “ With cloud computing becoming an integral part of business operations in 2028 , CIOs and IT leaders will have to implement a highly efficient cloud operating model in order to achieve their desired business objectives .”
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