Remove 2025 Remove Artificial Intelligence Remove Budget
article thumbnail

Gartner: GenAI spurs 9.3% increase in IT spending for 2025

Network World

trillion by 2025. Gartner reported that server sales will grow from more than $134 billion in 2023 to $332 billion by 2028, including an estimated more than $257 billion in 2025. trillion in 2025, Gartner reports, and IT services will grow by 9.4% trillion in 2025. Spending on software will also increase by 14% to $1.23

article thumbnail

Gartner projects major IT spending increases for 2025

CIO Business Intelligence

in 2025, one of the largest percentage increases in this century, and it’s only partially driven by AI. Gartner’s new 2025 IT spending projection , of $5.75 Gartner’s new 2025 IT spending projection , of $5.75 in 2025, but software spending — four times larger than the data center segment — will grow by 14% next year, to $1.24

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Where CIOs should place their 2025 AI bets

CIO Business Intelligence

CIOs were given significant budgets to improve productivity, cost savings, and competitive advantages with gen AI. Experienced CIOs know there is never a blank check for transformation and innovation investments, and they expect more pressure in 2025 to deliver business value from gen AI investments.

CTO Hire 356
article thumbnail

Companies to shift AI goals in 2025 — with setbacks inevitable, Forrester predicts

CIO Business Intelligence

Forrester Research this week unleashed a slate of predictions for 2025. 2025 will be about the pursuit of near-term, bottom-line gains while competing for declining consumer loyalty and digital-first business buyers,” Sharyn Leaver, Forrester chief research officer, wrote in a blog post Tuesday.

Company 319
article thumbnail

3% IT budget increases fueled by AI, security, networking

Network World

IT budgets are seeing modest increases, according to recent survey data, with businesses looking to invest their IT dollars in artificial intelligence, data analytics, networking and more. and Canada in the first half of 2024 for its annual Computer Economics IT Spending and Staffing Benchmarks 2024/2025 study.

Budget 456
article thumbnail

CIOs to spend ambitiously on AI in 2025 — and beyond

CIO Business Intelligence

Research firm IDC projects worldwide spending on technology to support AI strategies will reach $337 billion in 2025 — and more than double to $749 billion by 2028. AI spending on the rise Two-thirds (67%) of projected AI spending in 2025 will come from enterprises embedding AI capabilities into core business operations, IDC claims.

Cloud 344
article thumbnail

3 promises every CIO should keep in 2025

CIO Business Intelligence

They couldnt hire people from outside either, because they hadnt anticipated the need early enough to put it in their budgets. In 2025, IT leaders should invest in AI, but also focus on the cases where they can demonstrate measurable value, and then improve on those cases incrementally. Everything happened very fast.

CTO Hire 320