NetApp’s 2024 Cloud Complexity Report Reveals AI Disrupt or Die Era Unfolding Globally
Source: EQS
Study highlights the divide between AI leaders and AI laggards illustrating value of unified data approach"AI is only as good as the data that fuels it," said Pravjit Tiwana, General Manager and Senior Vice President of Cloud Storage at NetApp. "Both the AI leaders and AI laggards show us that in the prevailing hybrid IT environment, the more unified and reliable your data, the more likely your AI initiatives are to be successful." "APAC leaders today recognize the efficiency and innovation gains offered by AI; however, the data shows adoption variations between industries and geographies in the region," said There is a Significant Divide Between AI Leaders and AI Laggards The report found a clear divide between AI leaders and AI laggards across several areas including:
Both AI leaders and AI laggards show a difference in their approach to AI:
"The rise of AI is ushering in a new disrupt-or-die era," said AI Laggards Must Swiftly Innovate to Stay Competitive Despite the divide, there is notable progress among AI laggards in preparing their IT environments for AI, but the window to catch up is closing rapidly.
IT Costs and Data Security Emerge as Top Challenges but Won't Impede AI Progress Rising IT costs and ensuring data security are the two of the biggest challenges in the AI era, but they will not block AI progress. Instead, AI leaders will scale back, cut other IT operations, or reallocate costs from other parts of the business to fund AI initiatives.
In APAC, 34% of companies said AI projects have already increased IT costs. 60% of respondents cited "increased cybersecurity risk" as their top concern, while 31% said they are reallocating funds from other business areas to manage AI project costs. Security, AI, and As global companies, whether AI leaders or AI laggards, increase investments, they are relying on the cloud to support their goals.
In APAC, the proportion of companies which will have more than 50% of their cloud deployments supported by AI-driven applications will increase 15% between 2024 and 2030. Two-thirds (67%) of AI leaders here plan to enhance their CloudOps automation over the next year, while data security investments are expected to jump 21% from 37% in 2023 to 58% in 2024. Methodology In To learn more and access the full report and infographic, visit https://www.netapp.com/company/cloud-complexity-report/ Additional Resources 2024 Cloud Complexity Report: The AI Divide Cloud Complexity Report Infographic Hashtag: #NetApp #CloudComplexity #AI #Tech The issuer is solely responsible for the content of this announcement. About NetAppNetApp is the intelligent data infrastructure company, combining unified data storage, integrated data services, and CloudOps solutions to turn a world of disruption into an opportunity for every customer. NetApp creates silo-free infrastructure, harnessing observability, and AI to enable the industry's best data management. As the only enterprise-grade storage service natively embedded in the world's biggest clouds, our data storage delivers seamless flexibility. In addition, our data services create a data advantage through superior cyber resilience, governance, and application agility. Our CloudOps solutions provide continuous optimization of performance and efficiency through observability and AI. No matter the data type, workload, or environment, with NetApp you can transform your data infrastructure to realize your business possibilities. Learn more at www.netapp.com or follow us on X, LinkedIn, Facebook, and Instagram. News Source: NetApp
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