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  • What are the Booming Growth Opportunities in the Industry Cloud Space?
    Tailored solutions focused on sector-specific business outcomes are poised to drive the next wave of cloud services adoption

    Overview

    For more than a decade, cloud has been a critical force powering digital transformation efforts for enterprises around the world. Hyperscalers, such as AWS and Microsoft, that provide infrastructure- and platform-as-a-service offerings to clients across various industries have been dominating the sector.

    • In the past three years, a new chapter in cloud computing adoption has begun, one marked by verticalization and the rise of industry clouds.

    • Increasingly, public cloud providers have been using the traditional cloud capabilities from their tech stacks as a base and then tailoring their horizontal solutions to address specific industry use cases.

    • They then extend their offerings by co-innovating with third parties to add more vertical-specific functionality to the baseline offering.

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