AI consumption to drive enterprise cloud spending spree
The research firm expects rapid advancement in AI technologies to double the market's size by 2028.
Read the article for a detailed analysis of how AI is reshaping enterprise consumption patterns. Among the key insights, is the growth of Platform as a Service (PaaS) and Infrastructure as a Service (IaaS), while SaaS remains cloud's largest category, consuming two-fifths of enterprise cloud spend.
What is the projected growth of the cloud services market?
The global cloud services market is anticipated to surpass $800 billion this year and is expected to double in size by 2028, according to a report from IDC.
How is AI impacting cloud spending?
Rapid advancements in AI technologies are significantly driving the surge in cloud spending, with enterprise consumption of AI expected to maintain a compound annual growth rate of 19.4% through 2028.
What role do AI platforms play in cloud services?
AI platforms are expected to be the fastest growing technology in the coming years, with the category that includes data management software and AI platform solutions projected to experience a compound annual growth rate above 50% over the next five years.
AI consumption to drive enterprise cloud spending spree
published by Unity Connected Solutions Inc.
At Unity Connected Solutions, we're more than just a company - we're a force of innovation and problem-solving. With a footprint that spans across Canada and the United States, and over 2,000 satisfied customers, we have the capability and expertise to bring game-changing solutions to organizations of all shapes and sizes.
Our culture is at the core of everything we do, and we value our relationships with our customers deeply. We view ourselves as a trusted advisor and partner to each and every one of them, fostering an entrepreneurial spirit among our employees and building a tight-knit community atmosphere. Giving back is an integral part of who we are, and we're proud to support various community organizations.
In a world where new challenges arise every day, we relish the opportunity to help design solutions that overcome them. Our extensive product portfolio is constantly evolving, allowing us to provide the most cutting-edge solutions to meet the ever-changing demands of our customers.
As a privately-held, financially stable company with Canadian headquarters in Markham, Ontario and US headquarters in Phoenix, Arizona, we're equipped with the resources to continue driving change and growth. Our branch offices in Burlington, Montreal, Winnipeg, Calgary, and Vancouver ensure that we're always close to our customers, providing them with the personalized attention they deserve.
Sign in with LinkedIn