Analysts Explore the Latest Cloud Trends During Gartner IT
Australian organizations are expected to spend more than
'Cloud services are fueling innovation in emerging areas such as generative AI (GenAI), which is finally starting to have an impact in
Gartner analysts are exploring how infrastructure and operations leaders can advance their cloud strategies at the Gartner IT
In Gartner's annual global survey of over 2,400 CIOs and technology executives, including 87 from
'Despite the local cloud market showing no signs of slowing down, there's increasing scrutiny from the business,' said Warrilow. 'In many cases Australian organizations don't yet have the discipline to deal with consumption-based cloud pricing. CIOs need to invest in cloud financial management to ensure they don't blow the budget.'
SaaS Remains Largest Spending Segment
Software-as-a-service (SaaS) remains the largest end user spending category in
'Although it can provide many benefits, SaaS adoption isn't always a choice,' said Warrilow. 'Many vendors have moved to cloud-only delivery models regardless of their customer's preferences.'
Increasing Investment in GenAI
According to Gartner, GenAI is rapidly emerging as a key driver and differentiator of future cloud demands, with new technologies and methodologies to develop and operate infrastructure and platforms for it, such as AI chips, GenAI-enabled virtual assistants, prompt engineering and responsible AI.
'We'll see similar patterns in
Gartner analysts said spending on GenAI will primarily be incorporated into enterprises through existing IT spending in the long-term, through software, hardware and services they are already using.
Gartner clients can read more in the report 'Forecast: Public Cloud Services, Worldwide, 2022-2028, 1Q24 Update.'
Learn how to maximize the benefits of cloud computing in the complimentary Gartner ebook Devising an Effective Cloud Strategy.
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Gartner analysts are presenting the latest research and advice for I&O leaders at the Gartner IT
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