Infosys, a global leader in digital services and consulting, has partnered with MIT Technology Review Insights to release a new report, Reimagining Cloud Strategy for AI-first Enterprises.
The report, based on a survey of 500 global industry leaders with at least $500 million in revenue, examines how organizations are preparing their cloud and data infrastructures to support AI initiatives at scale.
The findings indicate that while many companies are in the early stages of AI adoption, they are increasingly prioritizing cloud infrastructure as a critical component in becoming AI-driven enterprises. According to the report, 67% of respondents claim to have a “developed” or “advanced” cloud infrastructure, while the remaining 33% describe their infrastructure as “growing” or “nascent.”
Despite the advancements in cloud infrastructure, only 8% of executives reported that AI has been fully integrated into their operations. Nearly half (48%) are still experimenting with AI applications, while the rest are still in the process of enhancing their cloud systems to better support AI initiatives.
“Today, we are in the early stages of reimagining enterprise with AI. Cloud and data will be the catalyst in scaling AI,” said Mohammed Rafee Tarafdar, Chief Technology Officer at Infosys. He added that although only 13% of companies have a “detailed roadmap” for integrating AI beyond data and computational power, businesses leveraging cloud infrastructure are poised for sustainable growth.
The report highlights that companies are employing diverse strategies to optimize cloud systems for AI. Half of the executives surveyed use cloud services for data integration, while 30% focus on using cloud infrastructure for computing capacity. However, concerns about data security, privacy, and ethical use remain significant hurdles, with 45% of respondents citing these issues as barriers to AI adoption.
Looking ahead, the report predicts a significant increase in cloud spending to support AI initiatives. Seventy-one percent of executives expect their investment in cloud infrastructure for AI to grow by at least 25% over the next two years, with 27% predicting an increase of 50-100%.
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“Cloud-enabled AI is the future, and companies are eager to invest despite concerns around security,” said Laurel Ruma, Global Editorial Director at MIT Technology Review Insights.
Anant Adya, Executive Vice President at Infosys, added, “An integrated cloud and AI strategy will be the foundation for AI transformation in the coming years.”