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  • Best Practice Research
  • Chief Innovation Officers
  • Chief Technology Officers
  • 10 min read

Cloud Is 28 Years Old — Catch up Now to Be Able to Compete in the AI Innovation Race

  • August 16th, 2024

Author

Simon Harrison

Simon Harrison

Analyst and Client Executive Partner

Simon is an industry analyst who has authored over 30 Gartner Magic Quadrant notes as lead and with colleagues. He’s written important research as the Chief of Research advisor for Gartner. He continues to provide deep research and insights as an Executive Partner for Actionary clients and the industry.

Summary

Cloud computing has come a long way since it was first envisioned 28 years ago, transforming from a revolutionary concept to an essential driver of business innovation. From its origins in a 1996 Compaq business plan, cloud computing has evolved into a critical enabler of AI, offering unprecedented growth, efficiency, and scalability. This research revisits the original cloud vision and how dramatically cloud has evolved since. It covers what you need to know to realize the pivotal benefits of cloud computing, that is driving unprecedented growth and retention increases in today’s digital economy.

Key Take: Companies relying on outdated on-premises technology in their innovation strategy will fall behind competitors who are realizing cloud-powered and AI-related growth and customer retention.

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