Leveraging cloud can yield financial gains of $414 bn: Infosys Cloud Radar

A strong profit link was identified when using cloud to rapidly bring new solutions and services to market

IT services major Infosys unveiled the Infosys Cloud Radar 2021 research which links enterprise cloud usage and business growth. The independent study shows that enterprises in the six regions surveyed can add up to $414 billion in net new profits annually, through effective cloud adoption.

The Cloud Radar 2021 survey was conducted by the Infosys Knowledge Institute (IKI), a research arm of Infosys, with over 2,500 respondents from companies across the US, UK, France, Germany, Australia, and New Zealand. It covered a range of business performance goals related to cloud and found specific links to competencies such as speed to market