We're here to tell you that cloud computing and artificial intelligence do not need to be mutually exclusive. Both cloud computing and artificial intelligence are experiencing unprecedented growth. Moreover, both clearly going to continue creating impact within technology for years to come. The global market for artificial intelligence is likely to grow from $21.46 billion USD in 2018 to $190.61 billion USD by 2025. That being said, the global market for public cloud computing is looking to grow from $182.4 billion USD in 2018 and was projected to grow by 17.5% in 2019 to $241.3 billion USD. These rapidly growing markets are impressive to say the very least.
If both cloud computing and artificial intelligence are optimizing and bracing for rapid growth then it is evident that they are more compatible than originally expected. We're here today to overview why the cloud and AI work better together. Let's dive straight in.
Collaboration Between Cloud Computing And Artificial Intelligence
Cloud computing has come a long way from being seen as a way to save on costs while storing data and applications. Now the power of the cloud has played an important role in advancing artificial intelligence and machine learning within the modern landscape of technology. In 2019 it was estimated that 49% of companies that are deploying artificial intelligence are doing so through cloud services. This is attractive to businesses, as they now have the infrastructure to develop their AI offerings without having to pay substantial upfront costs.
Why AI And The Cloud Are Meant To Be
Artificial intelligence needs the power of cloud computing. It gives businesses the power to access data sets that would otherwise be impossible without the power of the cloud. It also helps businesses scale up or down depending on the unique needs of a business. This works to help artificial intelligence seamlessly integrate into workflows where it before it could not be done.
It is estimated that 50% of total public cloud revenue could be coming from AI by 2025. That's no small figure, especially in a competitive and rapidly growing market. This means that cloud computing can help optimize everything from machine learning and all the relevant automated tools alongside it.
Moreover, in order for a business to move forward with AI, it needs to have a firm grasp of its data management. This is where cloud computing comes in. The cloud allows data to be accessible in a secure and central location. It can increase efficiency and allow tools to come together to spur further innovation within the field.
The Power Of The Cloud For Your Business
Is your business looking to merge the power of cloud computing with innovations in artificial intelligence? The team at VEXXHOST can help you grow your business without conflict or compromise. Contact our team of experts to learn more about how VEXXHOST can elevate your strategy and get your cloud journey off the ground. Certainly, it's time to take advantage of rapid growth in AI and cloud computing for your business or enterprise.