Winning with cloud: Firms using AI, blockchain to drive revenue from data

Firms are starting to appreciate that cloud offers a new platform to drive revenue from data

Business visionaries have their heads in the cloud. Savvy companies see cloud as a platform for exploiting a variety of emerging technologies — artificial intelligence (AI), blockchain, the Internet of Things (IoT), big data and predictive analytics — to develop state-of-the-art solutions to transform their businesses and their industries. Cloud is now the go-to platform for driving enterprise transformation.

In an IBM Institute of Business Value (IBV) survey of 2,000 executives from 19 industries in 16 countries, 67 per cent of cloud visionaries said they will invent first-of-a-kind customer experiences with the help of cloud.
 

By 2020, 90 per cent