Today, businesses are facing some of the toughest digital innovation challenges we’ve ever seen in recent times. The climate crisis, the breakneck speed of technological innovation, and growing cybersecurity threats are just some of the hurdles that must be smartly addressed for organizations to succeed in today’s increasingly data-driven world. This is something we know to be true from recent discussions with our customers.

In the digital age, data is the lifeblood of modern business, fueling innovation and driving growth. However, as data continues to proliferate at the speed of artificial intelligence, organizations are facing critical challenges in managing and harnessing its potential.

In today’s fast-paced world, businesses face the challenge of managing the ever-expanding volume of data at their disposal, an issue that often hinders their ability to derive the critical and accurate insights they need to thrive and stay competitive. Driven by the monumental rise of generative AI, cloud services, remote work, and IoT devices, most organizations expect their data to double by 2025.

Finding meaningful cost savings is a high priority for companies running their enterprise architecture in the public cloud. Cloud costs have ballooned in recent years and account for over 30% of IT budgets, reports IDC. Enterprises have sought to shift their cloud workloads from on-premises to public clouds, depending upon pricing and performance, to provide themselves with better leverage and business flexibility.