During the last two years 64% of organisations in India and Europe invested in cloud tech, 51% in IoT, said EY’s Tech Horizon report. These organisations (43%) believe that AI will get similar investment as a cloud in the next two years. The study said that during the next two years 82% of organisations will make significant progress in digitalisation and 21 % will be at the most advanced stage of transformation. 500 corporations and 70 startups were surveyed for the report.

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