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The Low-Code Market Could Approach $50 Billion By 2028

Forrester IT

According to a recent survey, 87% of enterprise developers use low-code development platforms for at least some of their work. Find out what's driving the growth in the low-code market in this preview of a new report and forecast.

Survey 459
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Gartner: 13 AI insights for enterprise IT

CIO Business Intelligence

The demand of GenAI will help nearly triple server sales from 2023 to 2028.” By 2028, 40% of large enterprises will deploy AI to manipulate and measure employee mood and behaviors, all in the name of profit. “It took 20 years for the cloud and outsourcing vendors to build up spending to $67 billion a year on servers.

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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. While the ROI of any given AI project remains uncertain , one thing is becoming clear: CIOs will be spending a whole lot more on the technology in the years ahead.

Cloud 344
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10 quantum computing milestones of 2024

Network World

billion in 2026 though the top use case for the next couple of years will remain research and development in quantum computing. This means that they have developed an application that shows an advantage over a classical approach though not necessarily one that is fully rolled out and commercially viable at scale.

IBM 397
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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.

Cloud 435
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Gartner projects major IT spending increases for 2025

CIO Business Intelligence

Even though many device makers are pushing hard for customers to buy AI-enabled products, the market hasn’t yet developed, he adds. Still, after 2028, it will be difficult to buy a device that isn’t AI optimized. The buying cycle amongst consumers hasn’t really changed,” he says.

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Oracle launches AI Agent Studio for Fusion Cloud to retain customers

CIO Business Intelligence

Oracle has added a new AI Agent Studio to its Fusion Cloud business applications, at no additional cost, in an effort to retain its enterprise customers as rival software vendors ramp up their agent-based offerings with the aim of garnering more market share. billion in 2024, is expected to grow at a CAGR of 45.8%

Oracle 226