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

Network World

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. The demand of genAI will help nearly triple server sales from 2023 to 2028.” Gartner anticipates artificial intelligence and genAI to influence spending in these areas as well.

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Gartner projects major IT spending increases for 2025

CIO Business Intelligence

Free the AI At the same time, most organizations will spend a small percentage of their IT budgets on gen AI software deployments, Lovelock says. Still, after 2028, it will be difficult to buy a device that isn’t AI optimized. “Generative AI is likely to confuse the capital investor as much as any technology ever has,” he adds.

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

CIO Business Intelligence

This is achieved through efficiencies of scale, as an MSP can often hire specialists that smaller enterprises may not be able to justify, and through automation, artificial intelligence, and machine learning — technologies that client companies may not have the expertise to implement themselves. Managed Service Providers, Outsourcing

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CIOs look to sharpen AI governance despite uncertainties

CIO Business Intelligence

As part of the constant evolution and maturation of Travelers’ governance framework, we have also established a Responsible Artificial Intelligence Framework that sets forth foundational principles to guide our development and use of AI, advanced analytics, and modeling,” LeFebvre says.

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How next-gen automation is helping recruiters to identify qualified talent at scale

CIO Business Intelligence

It is expected to grow at a rate of over 12% annually until 2028 on the back of continued digitization and automation of recruiting and HR operations. It can also help you optimize your job advertising budget and reduce cost per applicant.

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How next-gen automation is helping recruiters to identify qualified talent at scale

CIO Business Intelligence

It is expected to grow at a rate of over 12% annually until 2028 on the back of continued digitization and automation of recruiting and HR operations. It can also help you optimize your job advertising budget and reduce cost per applicant.

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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.

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