Remove 2029 Remove Enterprise Remove Network
article thumbnail

Data center spending to top $1 trillion by 2029 as AI transforms infrastructure

Network World

trillion by 2029, up from $430 billion in 2024, according to DellOro Group. Enterprises are now spending about 35% of their data center CapEx budgets on accelerated servers optimized for AI, up from 15% in 2023, says DellOro analyst Baron Fung. And the proportion will increase to 41% by 2029. Much of this growth is due to AI.

article thumbnail

9 steps to take to prepare for a quantum future

Network World

HorizonX Consulting and The Quantum Insider, a market intelligence firm, launched the Quantum Innovation Index in February, ranking enterprises on the degree to which theyve adopted quantum computing. Still, Gartner predicts that, by 2029, most conventional asymmetric cryptography wont be safe to use.

Research 505
Insiders

Sign Up for our Newsletter

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

article thumbnail

Enterprise spending on cloud services keeps accelerating

Network World

According to Synergy Research Group, enterprise spending on cloud infrastructure services was $79 billion worldwide in the second quarter, up $14.1 In 2017, the on-premise data centers of enterprises accounted for 60% of all data center capacity. By 2029, that share will have dropped to just a little over 20%, Synergy said.

article thumbnail

Kyndryl expands Palo Alto deal to offer managed SASE service

Network World

Kyndryl has expanded its alliance with Palo Alto Networks to add secure access service edge ( SASE ) services to its managed services offerings. Kyndryl has security and networking relationships with other partners as well, including Cisco, Microsoft, Nokia and Fortinet.)

WAN 243
article thumbnail

AI dominates Gartner’s 2025 predictions

CIO Business Intelligence

By 2029, 10% of global boards will use AI guidance to challenge executive decisions that are material to their business. By 2028, 40% of large enterprises will deploy AI to manipulate and measure employee mood and behaviors, all in the name of profit. “AI

Energy 338
article thumbnail

Could MCP supercharge the agentic AI revolution?

CIO Business Intelligence

Gartner predicts that by 2029, the technology will resolve 80% of common customer service issues resulting in a 30% reduction in operational costs. Legacy systems combined with proprietary protocols make data sharing across internal and external networks a challenge.

Internet 207
article thumbnail

10 quantum computing milestones of 2024

Network World

And some large, cutting-edge enterprises are already beginning to spend money on quantum technology. Error correction is vital for enterprise users of quantum computing, says Yoram Avidan, CTO of Citigroups Innovation Lab and global head of Citi Accelerator. billion so far in 2024. Whats the deal with error correction?

IBM 397