2024's Business Shift: Embracing the cloud
Cloud technology in the UK
The United Kingdom stands at the forefront of technological evolution, and its relationship with cloud technology is nothing short of exemplary. The benefits of the cloud has become irresistible for businesses across the UK, and it’s not just a passing trend—it’s a strategic leap towards an innovative future.
In the last few years, the UK witnessed a staggering £12 billion in revenue from public cloud services, dominated by the likes of AWS, Microsoft Azure, and Google Cloud. This surge isn’t just a blip; it’s a consistent trajectory that continues to captivate both large enterprises and nimble SMEs alike. The pull? A cloud-first approach that promises efficiency, agility, and boundless possibilities.
Reports confirm this shift: a resounding 89% of larger UK organisations have embraced at least one cloud-based service. And the forecast is striking—the UK’s cloud market is anticipated reach £35 billion by 2023, marking a monumental 73% rise from 2019. The trajectory points skywards, and the ascent shows no signs of stopping.
Why are people heading to the cloud?
The answer lies in its role in accommodating emerging technologies like AI, IoT, and machine learning. These innovations are not the future; they are the present, and the cloud is their bedrock. It offers the infrastructure necessary to stay competitive in an intricately connected global economy.
The appeal of cloud technology is universal, and Gartner’s forecast expects that by 2024, over 45% of IT spending will shift from traditional solutions to the cloud, solidifying its status as a disruptive force in the digital age.
The cloud's versatility extends beyond mere storage—it’s a catalyst for complete digital transformation. Consider cloud ERP adoption; its staggering popularity in recent years mirrors the unstoppable momentum towards cloud integration. The reasons are clear: the imperative for businesses to pivot swiftly, the changing dynamics of work, and the drive for standardisation to unlock time for innovation.
Cloud-based ERP software is more than a convenience; it’s a game-changer. Its advantages—reduced costs, enhanced scalability, improved accessibility, and seamless updates—epitomise the transformational power of the cloud.
In essence, the cloud beckons businesses in the UK with promises of innovation, resilience, and competitive edge. It’s not merely a shift in technology; it’s a complete shift in how businesses operate, evolve, and conquer the digital frontier. As the clouds gather and businesses embrace this technological shift, the UK stands at the front of a digital transformation—embracing an era where possibilities are limitless and innovation knows no bounds.
Our future with cloud
In sync with the wave of cloud technology reshaping the UK's business landscape, Orderwise is spearheading its own advancements to embrace this transformative trend. Our commitment isn't just about recognising the paradigm shift; it's about leading the charge towards a future where innovation and adaptability reign supreme. To discover more about our current and ongoing cloud initiatives, talk to one of our experts today.