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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.”

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