Industry Clouds – Fad or Future

Cloud has become the enabler for digital transformation. But, the generic cloud capabilities provided by hyperscalers do not meet the specific needs of each industry in terms of performance, cost effectiveness, regulatory compliance and efficiency.

This has led to the emergence of Industry Clouds customized solutions with specific features and functions tailored to the needs of specific industries such as Healthcare, Retail, Manufacturing, Non-profit etc.

Gartner expects that by 2027, enterprises will use industry cloud platforms to accelerate
more than 50% of their critical business initiatives, whereas in 2021, it was less than
10%.