Forbes March 21, 2025
Enterprise IT spending is in complete disarray. Despite investments in AI, cloud and modernization, enterprises are still struggling to extract real value. According to statistics from Gartner, global IT spending is expected to reach $5.26 trillion in 2024, yet BCG estimates that 70% of digital transformation projects fail.
Consider SAP’s recent partnership with Databricks and the launch of the SAP Business Data Cloud. It’s a bold move to unify data before AI adoption. The message is clear: Without structured, unified data, AI investments are doomed to fail. Yet, most companies have not even begun addressing their data fragmentation issues, let alone strategizing for AI-first operations.
The Multi-Cloud, Multi-Problem Dilemma
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