New research from Oxford Economics and IBM shows that cloud and AI strategies are increasingly intertwined and already contributing to meaningful payoffs at some organizations
December 1, 2020 (New York, NY)
New research from Oxford Economics and IBM shows data strategies, AI, and cloud are increasingly effective and intertwined. Organizations that are further along in their adoption of cloud and AI tend to outperform their competitors against a variety of important business metrics, with many believing their use of cloud accelerates return on investment.
The research includes a global survey of 6,000 senior IT executives around the world. Industries covered include financial services, healthcare, manufacturing, retail, and telecommunications. Among the key findings:
“A unified approach to cloud and AI adoption may improve the effectiveness and value of both technologies,” says Edward Cone, Editorial Director and Technology Practice Lead for the Thought Leadership group at Oxford Economics, who oversaw this research program. “Choosing the optimal cloud environment for your specific needs makes a difference.”
Click here to read the executive summary and access other research materials, including findings by industry.
About Oxford Economics We are a world leader in economic analysis for business and government. Founded in 1981 as a joint venture with Oxford University’s business college, we specialize in evidence-based thought leadership, forecasting, and economic impact analysis. Headquartered in Oxford, with offices around the world, we employ more than 250 people, including over 150 economists, industry experts, and business editors. Oxford Economics has a worldwide client base of over 1,000 corporations, financial institutions, government organizations, professional firms, and universities.