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9 in 10 Indian firms say cloud transformation fuelling AI adoption: Report

December 11, 2024 12:51 PM

New Delhi, Dec 11 || At least nine in 10 Indian businesses now affirm that embracing cloud transformation is a critical enabler of AI adoption, according to a report on Wednesday.

Notably, 67 per cent of Indian companies are currently transitioning applications to the cloud, reinforcing the nation’s commitment to innovation and efficiency, according to an EY India report.

Most Indian companies are adopting a hybrid approach, with 80 per cent managing enterprise applications partly on the cloud and partly on-premises.

This balanced strategy allows for flexibility while enabling gradual progress toward full cloud migration.

“The rapid adoption of cloud technology in India is more than just a technological upgrade. It is a transformational shift that empowers businesses to reimagine their operating model, products or services,” said Abhinav Johri, Technology Consulting Partner, EY India.

By leveraging cloud to enable AI capabilities, companies can now respond faster to evolving client needs and market changes and deliver enhanced value through AI-led solutions, he added.

 

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