Today, companies face two parallel priorities: optimizing existing cloud spending (a top challenge for 84% of organizations)2 and accelerating the migration of more workloads to the cloud. Gartner projects that by 2028, 70% of tech workloads will be running in a cloud environment.

At the same time, gen AI services are widely adopted, with 72% of organizations now reporting usage of gen AI public cloud services.4 This demand for AI is fueling spending, as cloud compute and storage infrastructure for cloud deployments jumped 99.3% year-over-year in the fourth quarter of 2024 to US$67 billion.5 This acceleration, driven by GPU server purchases for AI workloads, highlights the real pressure on organizations to transition to a future-ready, AI-enabled cloud.

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Migrating to an AI-ready cloud