UK businesses are still struggling to get the most out of cloud, and it's costing them big

Date:
Thu, 28 Nov 2024 10:56:00 +0000

Description:
Businesses are struggling to move forwards, so theyre not able to fully benefit from technologies like AI.

FULL STORY ======================================================================Only
one in three firms are fully utilizing cloud-based solutions More companies are using complex multicloud systems than last year Two-thirds want to
upgrade their systems because of lack of confidence

Many UK businesses are falling behind when it comes to adopting critical technologies like cloud-based solutions, which is limiting their potential
for growth, new research has claimed.

A report from OneAdvanced says only one-third (35%) of UK businesses fully utilize cloud-based solutions, with just 14% having successfully integrated artificial intelligence at the strategic level where it can help improve the efficiency of data-driven decision-making.

OneAdvanceds findings are somewhat contradictory, given nearly half (44%) of Britains leaders identified efficiency and productivity as their top objectives for 2024. Britain is slow to adopt new tech, its confirmed

Its not always a pretty picture when companies do invest, though, because
many fail to get it right. Around half (48%) of AI projects fail due to poor implementation, and despite the majority (85%) of execs recognizing AIs potential benefits, many businesses lack the right infrastructure and expertise.

Its not at all surprising that so many leaders say that efficiency and productivity are their top priorities, but to find that so few are actively embracing the technology and services that will allow them to grow is quite astonishing," OneAdvanced CTO Andrew Henderson commented.

The report added says this reluctance to go all-in on cloud could also be costing businesses by increasing complexity 42% now use a mix of cloud and on-prem systems, up from 36% last year.

Without the proper adoption of cloud solutions and a lack of availability of reliable data, businesses will continue to find it hard to realise the full potential of AI tech," Henderson noted.

Looking ahead, two in three leaders plan to upgrade digital systems, with 15% currently lacking confidence that their existing infrastructure could support the growth they need. You might also like These are the best AI tools and
best AI writers Weve listed our choice of the best cloud hosting providers Companies want to get serious on AI, but their workers don't have the skills



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Link to news story: https://www.techradar.com/pro/uk-businesses-are-still-struggling-to-get-the-mo st-out-of-cloud-and-its-costing-them-big


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