Over the past two years, digital transformation strategies have accelerated as fundamental to business survival. Companies are expected to spend US$6.3 trillion on direct digital transformation investments between 2022 and 2024.
“A price rise — if not across the board, for majority of workloads — is in the cards,” says Yugal Joshi, Partner at Everest Group. “Enterprises and service providers will have to work together to arrive at a mutually beneficial construct — which appears very difficult.”