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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.” Spending on software will also increase by 14% to $1.23 trillion in 2025. Devices: 9.5%

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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 CIOs need to secure beyond tech to successfully transform

CIO Business Intelligence

growth in ICT budgets specific to Italy, mostly in line with recent trends. billion in 2028, with a CAGR of nearly 16% over the 2024 to 2028 forecast period. The Polytechnic University of Milans Startup Thinking and Digital Transformation Academy Observatories predict a 1.5%

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El gasto mundial en IA para 2025 rondará los 644.000 millones de dólares

CIO Business Intelligence

La trayectoria de crecimiento del mercado est fuertemente influenciada por la creciente prevalencia de dispositivos habilitados para la IA, que se espera que comprendan casi todo el mercado de dispositivos de consumo para 2028, dijo Lovelock. Sin embargo, los consumidores no persiguen estas caractersticas.

Hardware 218
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3 data and analytics trends that will dominate 2022

CIO Business Intelligence

In July 2020, a KPMG study found that 67% of respondents increased the pace of their digital transformation strategy due to the pandemic, with 63% increasing their digital transformation budget. billion in 2028 at a CAGR of 13.2% Things haven’t slowed since. between 2021 and 2008.

Trends 364
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Oak Ridge seeks next-level supercomputer to blow away Frontier

Network World

This month ORNL issued a massive request for proposal for OLCF-6 , a new machine, now dubbed Discovery, to be delivered by late 2027 or early 2028. With an anticipated budget of US$500 million, Discovery’s requirements are extensive. The Technical Requirements document alone is 69 pages. 1 on the Top 500 list of supercomputers.

Energy 436
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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