More than half (54%) of companies attribute their cloud spending primarily to the influence of artificial intelligence.
According to a study by leading experts and consulting firm Wipro, the inaugural ‘Pulse of Cloud’ report reveals the shifting landscape of cloud and artificial intelligence (AI) adoption across various sectors.
Wipro’s FullStride Cloud report uncovers the profound impact of artificial intelligence on cloud spending decisions. As organizations prepare for a future driven by artificial intelligence, companies are increasing their investment in cloud infrastructure, with more than half of survey respondents revealing significant growth in both hybrid (54%) and public (56%) cloud adoption. While the majority of survey participants (55%) report that their cloud adoption currently surpasses their AI adoption, approximately one-third (35%) indicate that both technologies are progressing in sync.
According to Jo Debecker, managing associate and international head of Wipro FullStride Cloud, the latest survey results further confirm that cloud remains the primary catalyst for organisational transformation, enabling companies to drive innovation and stay competitive.
“The importance of a cloud infrastructure’s efficiency is further underscored by the increasing focus on artificial intelligence.” Cloud-based infrastructure’s scalable capabilities and immense processing power are crucial for efficiently storing and managing the massive amounts of reference data necessary to support AI applications. Cloud funding selections are increasingly driven by the need to support AI advancements.
According to the latest findings, the emphasis on cloud cost management has shifted, with a significant majority – 54% – employing utilization-based evaluations and automation tools to streamline costs, while an impressive 59% have already adopted a unified cloud governance approach.
As companies retool their infrastructure to harness the benefits of artificial intelligence, they are also recognizing the value in developing a strategic approach that aligns with their evolving business needs and goals. As our survey indicates, the increasing reliance on information migration and AI-driven applications is fueling a surge in cloud investment, making unified pricing strategies increasingly crucial, according to Debecker.
A survey was conducted from May to June 2024 among 500 senior executives in North America and Europe.
