A survey by Infosys suggested companies adopting cloud technologies have the opportunity worth $400 bn in annual profits. The survey was conducted across six countries with 2,500 respondents. To achieve this profit boost, companies need to have at least 60% of their It systems and 80% of business functions on the cloud. At present, only 17% of companies have 60% of IT systems on the cloud, which is expected to rise to 41% by the end of 2021.

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