Companies

Cloud Investment Yields Positive Returns, Reports MIT-Infosys Study

Published November 17, 2023

An insightful report produced by MIT Technology Review Insights, in collaboration with Infosys Cobalt, has revealed that a significant majority of executives around the world have experienced a positive return on investment (ROI) from cloud services. The study acknowledges that within the past two years, approximately two-thirds of global executives report receiving substantial benefits from their cloud investments. This evidence is a testament to the growing importance and efficiency of cloud technology in the modern digital economy.

Cloud Computing: A Vital Business Asset

Cloud computing has rapidly evolved from a niche technological concept to an essential business tool that fosters innovation, agility, and growth. The MIT Technology Review Insights report highlights that executives have not only adopted cloud solutions but have also seen tangible financial gains as a result. Companies are increasingly relying on the cloud to streamline operations, reduce overhead costs, and create new service offerings that position them competitively in the market.

Infosys Limited: A Forerunner in Cloud Services

Within the context of this positive outlook on cloud investment, Infosys Limited INFY, a global leader in next-generation digital services and consulting, has emerged as a key player. Headquartered in Bengaluru, India, Infosys offers a wide array of services to its client base across North America, Europe, India, and internationally. The company's commitment to driving digital transformation through effective cloud-based solutions is mirrored in its stable market performance and strategic partnerships. As firms continue to adapt to a cloud-centric business environment, Infosys remains well-positioned to capitalize on this growing trend and support enterprises in achieving their digital objectives.

cloud, investment, ROI