Amazon is one of the world’s leading servers, storage and networking equipment companies best placed to succeed in the artificial intelligence (AI) arena in the next two to five years, according to GlobalData, a leading data and analytics company.
According to GlobalData, AI is one of the top ten themes that will impact the servers, storage and networking sector, alongside software defined networking, cloud computing, data centres, high-performance computing, the Internet of Things (IoT), 5G, cyber security, M&A and geopolitics.
The sector includes vendors of servers, storage devices, networking equipment and telecom equipment as well as providers of network management products.
Cyrus Mewawalla, GlobalData Head of Thematic Research says, “It is no coincidence that the largest companies in the world are all strong at AI. Any tech company that wants to succeed needs to have an AI-first strategy. The industry is looking at AI as a way to enable network optimisation and improve efficiency, as the introduction of 5G and IoT will bring about more complexity. By taking advantage of the data available in the network, AI helps perform network operations through predictive analytics.”
GlobalData’s latest Servers, Storage and Networking Sector Scorecard analyses the major technology, macro-economic, and regulatory themes impacting servers, storage and networking equipment companies and reveals that Intel, Alphabet (Google) and Nvidia also make the select group of leading companies in the AI theme.
Mewawalla continued, “Companies who invest in the right themes become success stories with those who miss the big themes, ending up either falling behind their competitors or failing altogether.
“AI has the potential to impact virtually every industry, improving decision-making, supply chain management, business processes and even influencing HR and finance–related tasks.
“Equipment vendors will need to ensure that their products support growing interest in AI, both among carriers and business customers. Equipment vendors that do not embrace and incorporate the technology into their operational plan and product roadmap will fall behind their AI-savvy rivals.”