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The concept of process improvement is about to be upended… factories of today collect massive amounts of data and use tools such as Microsoft Business Intelligence (Power BI) to create dashboards. These dashboards tell a story of what happened and model changes for process improvement. They have worked very well to establish standards and provide an early warning system with their formidable ability to bring relevance and context to data, but they cannot do a simulation and change variables using AI or ML in a predictable fashion then immediately bring them back into the physical world to provide ROI.

The pandemic has accelerated digital innovation. Companies want to implement a ‘global’ solution that effectively brings together cutting-edge technologies such as Cloud, Mobility, AI, Big Data Analytics, and Robotic Process Automation to automate repetitive tasks, streamline operations, and generate actionable insights. These technologies can free up human resources to focus on strategic initiatives and propel business growth.

Hybrid cloud has become a strategic asset for many companies as they take steps toward digital transformation. A hybrid cloud approach—one that can span on-premises, multiple clouds, and even edge environments—can deliver significant business value, as long as it’s supported by a solid foundation.

The cloud has become a popular place and has taken IT by storm. According to statistics, 61% of businesses have successfully migrated to the cloud, and the global cloud computing market is expected to witness 17.5% annual growth, reaching $461 billion by 2025. Additionally, 7 out of 10 businesses use a cloud migration strategic plan to increase their expenditures.

Businesses across the globe spend trillions of dollars on IT services and maintaining their enterprise applications (apps) and software. They have to spend a considerable amount of their IT budget on simply maintaining the infrastructure they’re using to run their businesses.

Studies suggest that over half the organizations that already use cloud technology will integrate a cloud-first strategy by the year 2021. A cloud-first strategy includes a business shifting all of its current processes into cloud services.

Companies across the globe are moving to Cloud IaaS (Infrastructure as a Service) providers to meet all of their business needs in a rapidly expanding virtual space. There are a number of reasons why companies are making this move such as flexible storage needs, easy accessibility for everyone, lower operational costs and higher efficiency, and various others.