Why Cloud Economics is the answer to the AI innovation/cost conundrum

It’s an age-old conundrum for business leaders – there’s an opportunity in front of you but it comes with a cost. Can you afford to do it? Or, perhaps more pertinently, can you afford not to do it?

This dilemma has arguably never been as acute as it is today. The opportunity afforded by emerging technologies such as AI is clear for all to see – it has the potential to turbo-charge the enterprise cloud platform and empower organizations to innovate and stay competitive.

However, unlocking this potential means using additional processing power and computing scale to hold and manage the huge volumes of reference data required by AI and as a result cloud investment decisions are increasingly being driven by the need to support AI.

The cost management gap

But at what cost? New research from Wipro reveals that whilst 54% of organizations cite AI/GenAI as the top ...