Saturday, December 13, 2025
25.9 C
Lagos

IDC: Cloud Tech is Top Investment Priority in Next 5 Years

The potential for cloud technologies to break down silos and enable more contextualized views of data is having a dramatic impact on enterprise investment priorities for operations.

When asked to identify investment priorities for operations over the next five years, organisations ranked cloud highest, followed by wireless connectivity and artificial intelligence and machine learning (AI/ML), according to a recent Future of Operations survey from International Data Corporation (IDC).

At the same time, however, many enterprises have yet to move their operational data from on-premises to the cloud. IDC survey data reveals that fewer than 20% of organisations have put more than 50% of their operational data in the cloud.

Actual investments and the results from current AI/ML projects tell a more complicated story. While many organisations cite AI and ML as an important future technology investment area, most survey respondents indicated that they have no plans to use AI to analyze operational data in the next several years. Other survey findings provide insights into why this is the case. These findings will be discussed further in an IDC webinar to be held on September 28th.

“A point of resistance just a few years ago, organisations are now prioritizing investments and building strategies for putting operational data into the cloud,” said Leif Eriksen, Research Vice-President, Future of Operations.

“And, while the momentum is irrefutable, organisations will need to develop a specific cloud data management strategy that addresses organisational needs and objectives.”

spot_img
spot_img
spot_img

Hot this week

FG to Empower Businesses with N1.4tn in 2026 via Tax Reform

Mr. Taiwo Oyedele, Chairman of the Presidential Committee on...

NCC Promises Seamless Quality of Service Despite Challenges in Abuja

The Nigerian Communications Commission (NCC) acknowledges the Quality of...

Stanbic IBTC FUZE Festival Returns with The Ultimate Show on Saturday, Dec 20

Stanbic IBTC, a member of Standard Bank Group, has...

FG, SEC, NGX Group Forge Unified Direction on Capital Gains Tax Reform

The Federal Government has inaugurated the National Tax Policy...

NGX Expands Market Offerings with Introduction of Commercial Paper Listings

Nigerian Exchange Limited (NGX) has introduced Commercial Paper (CP)...

Topics

Yuletide: Ecobank Reassures Customers of 24-Hour Digital Banking Services

Ahead of the Yuletide holidays, Ecobank Nigeria has reassured...

AfCFTA: Why Nigeria May Lose Out in Agro-export to 1.2bn Consumers-Okakpu

Captain John T. Okakpu MD/CEO ABX World Limited The African Free Trade...

Global Airlines Financial Monitor July

• The initial financial results from Q2 2016 point...

Stanbic IBTC, LBS Partnership Trains 3,500 Entrepreneurs

As part of its commitment to help stimulate and...

ADB invests $20m in Rx Healthcare Fund for Healthcare Delivery in Africa

The Board of the African Development Bank (AfDB) has...

Glendora, Red Star Express Partner over King’s College History Book

The King's College Old Boys' Association Centenary Committee recently...

Ecobank, Old Mutual Strengthen Strategic Partnership

Ecobank Transnational Incorporated (ETI) parent company of the Ecobank...

NAICOM, Edo State Partner on Compulsory Insurances, Market Dev Initiatives

L – R: Karachi Anyanwu, NAICOM; Rasaaq Salami, Head...
spot_img

Related Articles

Popular Categories

spot_imgspot_img