Remove 2028 Remove Applications Remove Artificial Intelligence
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Global public cloud spending to hit $805B in 2024 with AI driving growth

Network World

Worldwide spending on public cloud services is poised to double between 2024 and 2028, reaching a staggering $805 billion this year, according to a new report from IDC. Cloud now dominates tech spending across infrastructure, platforms, and applications,” Eileen Smith, group vice president of Data & Analytics at IDC said in the report.

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Gartner: 13 AI insights for enterprise IT

CIO Business Intelligence

Artificial intelligence is an early stage technology and the hype around it is palpable, but IT leaders need to take many challenges into consideration before making major commitments for their enterprises. The demand of GenAI will help nearly triple server sales from 2023 to 2028.” But what if you don’t have to?”

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Gartner’s 7 Predictions for the Future of Australian & Global Cloud Computing

Tech Republic Big Data

An explosion in AI computing, a big shift in workloads to the cloud, and difficulties in gaining value from hybrid cloud strategies are among the trends Australian cloud professionals will see to 2028.

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The role of IoT in shaping smart cities

CIO Business Intelligence

billion by 2028, with a robust compound annual growth rate (CAGR) of 10.9% from 2023 to 2028. Why the synergy between AI and IoT is key The real power of IoT lies in its seamless integration with data analytics and Artificial Intelligence (AI), where data from connected devices is transformed into actionable insights.

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Future-Proofing Your Business with Hyperautomation

CIO Business Intelligence

However since then great strides have been made in machine learning and artificial intelligence. Another research company, Mordor Intelligence, is forecasting annual CAGR of 19.8 percent to 2028, taking the value of the market for hyperautomation tools and services to $US26.67b. It’s been around since the early 2000s.

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What is a managed service provider? Strategic outsourcing for IT services

CIO Business Intelligence

A managed service provider (MSP) is an outsourcer contracted to remotely manage or deliver IT services such as network, application, infrastructure, or security management to a client company by assuming full responsibility for those services, determining proactively what technologies and services are needed to fulfill the client’s needs.

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Gartner projects major IT spending increases for 2025

CIO Business Intelligence

Still, after 2028, it will be difficult to buy a device that isn’t AI optimized. TRECIG, a cybersecurity and IT consulting firm, will spend more on IT in 2025 as it invests more in advanced technologies such as artificial intelligence, machine learning, and cloud computing, says Roy Rucker Sr., CEO and president there.