What percentage of enterprises are using cloud computing to expand into new industries, according to an IBM Institute for Business Value study?

The choice indicating that 75 percent of enterprises are using cloud computing to expand into new industries reflects a significant trend seen in the industry. This statistic highlights how prevalent cloud adoption has become as organizations seek innovative ways to enhance their operations, reduce costs, and venture into new markets. The use of cloud platforms allows enterprises to be more agile and flexible, enabling faster responses to market changes and the ability to scale services according to demand.

Cloud computing provides resources that can be quickly deployed to support new business initiatives without the heavy capital expenditure typically associated with on-premises infrastructure. By leveraging the cloud, businesses can access advanced technologies such as artificial intelligence, big data analytics, and machine learning, which can drive growth in diverse sectors. This strategic shift aligns with broader digital transformation initiatives that many enterprises are pursuing, making this statistic a relevant indicator of how central cloud technology has become in corporate growth strategies.

In contrast, other percentages such as 50, 85, or 90 may suggest differing levels of cloud adoption but do not capture the specific insights that align with the study’s findings regarding the 75 percent figure. The choice of 75 percent serves as a strong reminder of the competitive advantage that cloud computing offers companies looking to innovate and expand their reach in a rapidly