IT leaders look to the cloud to grow into a new era of AI-driven capabilities

Full Article
IT leaders look to the cloud to grow into a new era of AI-driven capabilities

Cloud adoption is experiencing a resurgence, with 63% of IT decision-makers reporting increased migration rates. This growth is largely driven by advancements in AI and machine learning capabilities, alongside improvements in security and governance. However, concerns regarding cost, performance, and skill shortages remain significant barriers to full adoption.

Over the next year, cloud computing is projected to consume 29% of IT budgets, with AI/ML platforms being the top investment priority. Despite the enthusiasm for AI integration, IT decision-makers face internal resistance and external challenges that cloud vendors must address to facilitate smoother transitions to cloud-based solutions.

• 63% of IT leaders anticipate increased cloud spending driven by AI.

• AI/ML platforms are the top cloud investment priority for organizations.

Key AI Terms Mentioned in this Article

AI/ML

The article highlights that organizations are increasingly investing in AI/ML platforms to enhance their cloud capabilities.

Cloud Computing

The study indicates a significant shift towards cloud computing as organizations seek to leverage AI technologies.

PaaS

The article notes that AI/ML PaaS offerings are among the top cloud services expected to receive funding.

Companies Mentioned in this Article

Foundry

The company plays a crucial role in researching and reporting on cloud computing trends and AI adoption.

IDG

IDG's subsidiary, Foundry, conducts significant research on cloud computing and AI trends.

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