Only 20 pct of data on cloud, remaining 80 pct is a $1-T opportunity: IBM


Posted at Feb 01 2021 02:24 PM

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MANILA - IBM's Global Technology Services General Manager Saad Toma told ANC on Monday that only 20 percent of data are on the cloud, which presents a $1-trillion market opportunity for cloud companies to put the remaining 80 percent on the cloud.

He said the huge market potential for "hybrid cloud" -- which manages both public and private cloud -- was driven by the pandemic, forcing companies to adopt digital transformation for their businesses.