TWO years into the pandemic, the global dependency on technology is more evident than ever before. In a survey conducted by IBM, 59 per cent of organisations indicated that they had accelerated their digital transformation, with 64pc acknowledging a shift to more cloud-based business activities.
In Pakistan, the situation is not any different. There has been robust growth in information technology (IT) and IT-enabled services over the past five years, with a compound annual growth rate of 18.85pc, which is one of the highest growth rates compared to other industries, and the highest in the region, according to the Economic Survey of Pakistan. Furthermore, Pakistan’s IT sector has the potential and ability to increase its exports further, as the industry grew significantly by around 40pc during the 2020-21 fiscal year.
According to technological research and consulting firm Gartner, 40pc of all enterprise workloads by 2023 will be deployed in cloud infrastructure and platform services; up from 20pc in 2020
The onset of the Covid pandemic served as a catalyst for digital innovation and has particularly seen an exponential increase in the adoption of cloud services globally. According to technological research and consulting firm Gartner, 40pc of all enterprise workloads by 2023 will be deployed in cloud infrastructure and platform services; up from 20pc in 2020.
There are several arguments in favour of a cloud-first approach. Cloud is budget-friendly. Going from physical...
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