In a recent interview with DQ Channels, Tarun Dua, CEO of E2E Networks Ltd., gave his valuable insights on the evolution of AI-based cloud technologies. By drawing upon his expertise, we aim to provide an understanding of the evolving AI-based cloud technologies, their impact on digitization, the hardware requirements for AI computing platforms, the most in-demand cloud technologies, and the challenges faced in the industry.
You can read the interview here.
AI Adoption and Disruption in Digitization
The adoption of AI and Machine Learning technologies has experienced exponential growth since 2022. According to a recent McKinsey Global Survey, in 2017, only 20% of organizations had implemented AI in their business domains. However, the landscape has rapidly evolved since then. Today, that proportion has skyrocketed to 50%, marking a significant increase. In fact, in 2019, we witnessed the highest recorded adoption rate, reaching an impressive 58%.
The pace of adoption has been remarkable. These technologies are disrupting every technology-enabled workflow, from SaaS platforms to communication systems, healthcare technologies, and customer support platforms.
One of the exciting advancements is the emergence of natural language interfaces, revolutionizing how users interact with technology. Tarun Dua highlights the phenomenal advancements in Natural Language Processing and Computer Vision, stating:
‘We are now seeing interfaces with which we can communicate in natural language. This dramatically simplifies how users potentially interact with technology in the future.’
Generative AI has also made remarkable progress, enabling businesses to quickly generate product images, avatars, and other creative assets.
Tarun Dua adds, ‘Generative AI is now quickly able to generate product images, avatars, and other creatives that businesses can use.’
These AI-enabled technologies hold immense potential to accelerate digitization efforts by streamlining processes and simplifying the work required for digital migration. By streamlining various aspects and simplifying the tasks involved in digital migration, AI-enabled digitization is poised to experience rapid acceleration.
In-Demand Cloud Technologies for Enterprises
Meeting the demand for cloud technologies has become crucial for enterprises of all sizes. As companies increasingly shift their development workflows to the cloud, there is a growing preference for building, launching, and scaling applications in cloud environments rather than relying on on-premises setups.
In the words of Tarun Dua, ‘The most in-demand technologies are those that enable running systems and frameworks on the cloud.’
According to a recent study by Gartner, the proportion of application workloads suitable for cloud delivery is expected to reach approximately 65% by 2027, a significant increase from the 45% recorded in 2022. This indicates a growing reliance on cloud-based solutions.
Enterprises seek a range of cloud technologies to meet their evolving needs.
As Tarun explains, ‘Technologies such as Kubernetes-based container frameworks, cloud security measures, serverless architectures, DevOps practices, and Data Science tools are highly sought after.
Moreover, machine learning technologies like NLP, Computer Vision, and Generative AI are also in high demand. These technologies are considered essential for businesses aiming to digitize and modernize their operations.
Tarun emphasizes, ‘Rapid access to Open Source based technology platforms is crucial for implementing these solutions effectively.’
Enterprises are keen on adopting these technologies swiftly to stay competitive and drive innovation in the evolving digital landscape.
Resolving the Demands of Modern Businesses
As an NSE-listed pioneering cloud infrastructure company based in India, E2E Networks Ltd. strives to focus in the coming years to build a global AI-First Hyperscaler company based in India.
Tarun Dua emphasizes their commitment, stating, ‘Our challenge at work is simple - to do whatever it takes to make this happen and provide the necessary capabilities for modern data-driven businesses, higher education and research institutions, and government bodies to scale their AI/ML workloads and cloud computing workloads on our AI First Hyperscaler Cloud platform.’