IBM betting big on hybrid cloud

With almost 75% of enterprise workloads yet to move to the cloud, IBM is wagering on hybrid cloud, which addresses a $1-trillion market opportunity all around the world, to drive digital transformation for customers.

“Cloud has been there for quite a while, yet universally, just about 25% of enterprise workloads have really moved to it and 75% are still to move,” said Sandip Patel, MD, IBM India.

“Strangely, those 75% are more basic responsibilities. We are reshaping our future as a crossover cloud platform and an AI organization. We will be pioneers around there, and I think we have every one of the fixings,” he said.

Mr. Patel said that the organization estimated hybrid cloud to be a $1-trillion market internationally. The excursion to hybrid cloud was intensifying for enterprises in India, he added.

He pointed out that as indicated by a new IBM CEO study, just about 6 out of 10 CEOs in India expected cloud computing to deliver results about the next 2-3 years.