Digital transformation is accelerating in enterprises around the world. With the advancement of technology, the demand for cloud computing and AI will increase significantly. IDC said it is driven by the Internet of Things and virtual reality, and the future belongs to the cloud and AI.
According to IDC, the “third platform†– including cloud, mobility and big data – has emerged over the past 10 years, driven by the Internet of Things and virtual reality. IDC predicts that at least half of the world's GDP will be digitized by 2021, and companies that are reluctant to digitize will face a competitive situation with shrinking market share.
By 2019, 40% of digital transformation activities will use AI, and three-quarters of commercial applications will run on AI. Therefore, companies are expected to increase their AI engineers and data scientists reserve power.
By 2020, 90% of companies are expected to generate revenue by selling data they support and manage.
Digital transformation is no longer a stage that companies can avoid. In the end, leaders are expected to see the results of the digital transformation in the next two to three years.
It is reported that as 90% of enterprises will move to cloud-based services and storage, spending on cloud services will exceed $530 billion. However, those who care about rising IT costs should know that because the reliance on technology will continue to increase, IT budgets are expected to grow by 19%.
Companies are struggling to find compensation for the adoption of new technologies, including AI. AI is designed to streamline and automate remediation efforts while also providing general analytical assistance.
As companies' demand for AI continues to grow, technology giants such as Google are beginning to offer “rolling courses†to potential AI talent to bridge the skill gap. Recruiting new executive leaders who are proficient in AI—such as AI chief executives—may be the next major task for companies that focus on third-party platforms.
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