Companies

Global Executives Confirm Positive ROI from Cloud Investments, MIT Technology Review Insights with Infosys Cobalt Reveals

Published November 17, 2023

The landscape of cloud computing has undergone a significant transformation in recent years, shaping the way organizations operate and strategize their business models. A recent report by MIT Technology Review Insights, in association with Infosys Cobalt, provides a comprehensive analysis of the impact that cloud technology has had on businesses globally. The survey included inputs from a wide range of executive leaders, revealing that two-thirds have witnessed a positive return on investment (ROI) from their cloud engagements over the past two years. This underscores the growing confidence in cloud as a driver for financial performance and strategic outcomes.

Factors Contributing to Strong Cloud ROI

Delving into the details, the report suggests that the positive ROI can be attributed to several key factors. Enhanced efficiency, scalable infrastructure, and the agility to respond to market dynamics are among the top attributes enabling businesses to reap the benefits of their cloud investments. Furthermore, the report highlights that companies are not just migrating to the cloud but are actively leveraging cloud-native services and solutions to fuel innovation and competitiveness.

Implications for Infosys Limited INFY

For Infosys Limited INFY, a leader in next-generation digital consulting, technology, outsourcing, and offer services, the insights from the report are particularly relevant. With its headquarters in Bengaluru, India, Infosys operates on an international scale across North America, Europe, and India, among other regions. The company's emphasis on digital transformation through Infosys Cobalt—a set of services, solutions, and platforms—has positioned it at the forefront of the cloud revolution. This report is not just a validation of the strategic choices made by Infosys but also a testament to the company's potential for growth in the realm of cloud computing.

Cloud, Investment, ROI