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67% of Global Enterprises Have Sophisticated Cloud Strategies, Yet Less Than 10% Have Fully Integrated AI, says MIT Technology Review Insights Report with Infosys Cobalt
98% of executives expect to see a significant rise in spending on AI for cloud over the next two years Infosys (NSE, BSE, NYSE: INFY), a global leader in next-generation digital services and consulting, in collaboration with MIT Technology Review Insights, today announced the release of a new
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67% of Global Enterprises Have Sophisticated Cloud Strategies, Yet Less Than 10% Have Fully Integrated AI, says MIT Technology Review Insights Report with Infosys Cobalt
98% of executives expect to see a significant rise in spending on AI for cloud over the next two years CAMBRIDGE, Mass. and BENGALURU, India, July 31, 2024 /PRNewswire/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, in
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Reimagining cloud strategy for AI-first enterprises
New research illuminates findings about cloud maturity, data readiness, and AI adoption. The rise of generative artificial intelligence (AI), natural language processing, and computer vision has sparked lofty predictions: AI will revolutionize business operations, transform the nature of knowledge
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A new report by MIT Technology Review Insights, in collaboration with Infosys Cobalt, highlights a significant gap between cloud strategy sophistication and AI integration in global enterprises. While 67% of companies have advanced cloud strategies, less than 10% have fully integrated AI.

A recent report by MIT Technology Review Insights, in collaboration with Infosys Cobalt, has revealed a striking disparity between cloud strategy sophistication and artificial intelligence (AI) integration among global enterprises. The study, which surveyed over 600 CIOs, CTOs, and other technology leaders, found that while 67% of companies have sophisticated cloud strategies in place, less than 10% have fully integrated AI into their operations
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.The report, titled "Reimagining cloud strategy for AI-first enterprises," uncovered several crucial insights:
Despite the high percentage of sophisticated cloud strategies, only 26% of organizations have a formal enterprise-wide cloud-first approach
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.A mere 6% of respondents reported having fully integrated AI and machine learning (ML) capabilities across their entire enterprise
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.The majority of enterprises (59%) are still in the early stages of exploring AI and ML integration
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.The report highlights several challenges faced by organizations in their cloud and AI integration journey:
Data management and governance issues are cited as significant hurdles by 51% of respondents
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.Concerns about data security and compliance were reported by 47% of participants
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.The lack of in-house skills and talent was identified as a major obstacle by 45% of the surveyed leaders
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The report suggests that organizations need to reimagine their cloud strategies to become truly AI-first enterprises. This involves:
Developing a comprehensive, enterprise-wide cloud-first approach that integrates AI and ML capabilities
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.Addressing data management and governance challenges to ensure effective AI integration
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.Investing in upskilling and reskilling programs to bridge the talent gap in cloud and AI technologies
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.As organizations continue to evolve their cloud strategies, the integration of AI and ML capabilities will likely become a key differentiator in the competitive landscape. The findings of this report serve as a wake-up call for enterprises to accelerate their AI adoption and integration efforts to fully leverage the potential of cloud technologies.
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