Cloud Is No Longer a Technology Choice — It’s a Business Survival Imperative
Cloud strategy has become a business survival imperative — 94% of enterprises use cloud, 45% of IT budgets flow to cloud, and the $947B market grows at 16-21% annually. However, 31% of spending is wasted, cost management is the #1 challenge for 82% of enterprises, and AI is driving cloud efficiency down 15 points. By 2029, 50% of compute will be AI-driven. Organizations must evolve from migration planning to value optimization.