Hybrid cloud & AI are the two next great shifts in the technology landscape
According to Arvind Krishna, Chairman & CEO of IBM, we are currently witnessing an accelerated digital transformation in every industry, as companies strive to build robust digital foundations that will revolutionize their business operations. This transformation, which was initially expected to take 5 to 10 years before 2020, is now projected to occur within the next two to three years.
One of the most significant and exhilarating changes that clients are experiencing is the adoption of new business models driven by digital technologies. Whether it's utilizing AI-powered assistants to handle the surge of inquiries in call centers, the rapid growth of telemedicine, or leveraging the hybrid cloud to create personalized and secure experiences, digital technologies are reshaping various sectors, including digital banking.
The two major upcoming shifts in the technology landscape are Hybrid cloud and AI. Businesses today are keenly focused on achieving speed to market, flexibility, nimbleness, and continuous innovation, all of which are offered by hybrid clouds. Clients have discovered that opting for a hybrid cloud approach provides 2.5 times more value than solely relying on the public cloud
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