Every year, Forrester predicts what lies ahead for cloud. Did our 2024 predictions come true? This report holds us accountable by assessing each prediction against what actually happened. Continuing the themes of 2023, generative AI and high interest rates dominated the tech market in 2024. Adoption and proliferation of cloud-based AI products soared with massive enterprise investment in the name of productivity, innovation, and differentiation. Cloud providers rolled out a barrage of new managed AI services. Edge computing players expanded offerings to include intelligent services. Still, the excitement of new tech added complexity in managing costs, security, resilience, and operations.