Indian firms to deeply explore AI-driven Cloud in 2020

New Delhi, Dec 23 (IANS) These are still early days for Cloud as globally, the enterprises still reserve 97 per cent of their IT spend for on-premises jobs and devote just 3 per cent to the Cloud. In India, the story is no different but with Artificial Intelligence (AI) and Machine Learning (ML) now driving Cloud, the year 2020 is going to witness more businesses in the country moving their workloads to the Cloud, according to the industry experts. The Cloud market in India is poised to grow three-fold to $7.1 billion by 2022, according to a latest NASSCOM report. According to Shailender Kumar, Regional Managing Director, Oracle India, even though we see Cloud taking centre-stage today, its adoption has to accelerate at a much faster rate in the country. "Will our enterprises be ready? By 2025, 80 per cent of all enterprise workloads will move to the Cloud. AI will double productivity, automate customer engagement and will be an inherent feature in applications. Automation will become central to the success of corporations," Kumar told IANS.