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In many ways, 2022 was a year of growth for the cloud technology space. Unexpected macroeconomic developments have seen many organizations think and prepare for big wins in the coming years, not immediately.
In the year In 2023, the growth achieved in 2022 can be attributed to a strong economy and rapid growth, especially in technology.
Global IT spending is forecast to grow 5.1% to $4.6 trillion by 2023, according to Gartner, driven by an 11.3% increase in investments in cloud applications to $879.62 billion. What does this kind of increased spending and investment mean for companies? C2C Global, Google’s cloud customer community, has identified five cloud trends that will emerge in 2023.
Going forward, customized solutions, one-size-fits-all offerings from individual vendors, will become more and more the norm.
AI and ML technology adoption will rise
Every organization wants to use the many and varied capabilities of AI and ML technology. Some want to use their data to improve analytics and build predictive models, and others want to automate repeatable processes.
Currently, many AI and ML models require extensive testing and training before they can be implemented in large organizations that handle petabytes of data or serve a large customer base. In fact, a C2C survey found that 47% of respondents are currently using AI and ML. However, these technologies are at the forefront of what respondents are likely to take in the future.
The promise of these technologies is too important to ignore. As models become more refined, and training and testing become more reliable and automated, organizations will become more reliant on these technologies.
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