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Goldman Sachs Research estimates that there will be around 122 GW of data center capacity online by the end of 2030, and the density of power use in data centers is likely to grow as well, from 162 kilowatts per square foot to 176 KW per square foot in 2027, thanks to AI, Schneider stated.
The surge in AI and IoT-focused startups is directly aligned with the objectives of Saudi Vision 2030, a strategic framework designed to diversify the Kingdoms economy and reduce its reliance on oil revenues. Vision 2030 aims to foster a knowledge-based economy and establish Saudi Arabia as a global leader in technology and innovation.
The technology’s wide applicability across industries and occupations will drive massive growth: According to Forrester’s new forecast, generative AI will have an average annual growth rate of 36% up to 2030, capturing 55% of the AI software market.
As part of Saudi Arabia’s Vision 2030 plan, this AI project underscores the country’s commitment to economic diversification away from oil, aiming to become a global tech leader within the next decade. This includes initiatives to adopt AI domestically and ultimately position Saudi Arabia as an exporter of AI solutions by 2030.
In a blog post, Google announced an agreement with Kairos Power to source nuclear energy, aiming to bring the first SMR online by 2030, with more reactors planned by 2035. This could provide Google with an opportunity to co-develop solutions over the next six years, with reactor launches scheduled for 2030.”
Standard maintenance for ECC is due to end on December 31, 2027, while the extended maintenance for on-premises SAP ERP systems is set to expire at the end of 2030. Systems that are relevant for the SAP ERP, private edition, transition option, need to be moved to SAP ERP, private edition prior to the end of 2030.
The report , based on a survey of 100 data center leaders, also shows that 30% of all sites will be using onsite power by 2030. McKinsey has similar predictions for power demand growth, estimating that US data centers will have more than 80 gigawatts of demand in 2030.
These initiatives are set to play a crucial role in supporting the Kingdom’s ambitious Vision 2030 goals, which seek to diversify the economy and establish Saudi Arabia as a global leader in technology and innovation. Huawei Cloud’s AI initiatives are directly aligned with these goals.
Forrester forecasts that by 2030, spending on off-the-shelf AI governance software will more than quadruple, reaching $15.8 The global commercial AI software governance market is poised for exceptional growth. billion and capturing 7% of overall AI software spending.
According to Goldman Sachs , data center demand in the US alone is projected to nearly triple by 2030, driving more than $1 trillion in investment. “For many organizations, while budgets are ticking slightly up, it’s only in line with inflation, while new initiatives, including AI, need to be funded.”
Clare O’Neil MP announced the 2023-2030 Australian Cyber Security Strategy, a strategy to which Forrester contributed in April 2023, via a submission to the discussion paper. The The Government’s stated vision is “By 2030, Australia will be a world leader in cyber […]
As Riyadh Air prepares for its inaugural flights in late 2025, this partnership marks a crucial step in aligning with Saudi Arabias ambitious Vision 2030 goals. Saudi Arabias Vision 2030 outlines a bold vision for the aviation sector, aiming to triple annual passengers to 330 million and expand connectivity to over 250 destinations by 2030.
According to a World Economic Forum survey, 41% of global firms plan to implement workforce reductions by 2030 as a result of advancements in artificial intelligence (AI). The survey indicates a trend toward significant workforce changes as companies look to integrate AI into their strategies between 2025 and 2030.
In the rapidly evolving financial landscape, banks are facing challenges that require them to adapt and innovate. However, amidst all the changes, the importance of trust remains constant.
The drivers of the future are evolutions of the past – some playing out now, others that will be far more prominent by 2025 and table stakes by 2030. […]. Forrester’s view on the future of banking is here – examining the changes that we expect to play out over the next decade of retail banking.
This policy was defined in line with the key pillars of KSA’s ambitious Vision 2030 The goal is to accelerate the adoption of cloud computing services by mandating governmental and semi-governmental. The importance of education in supporting the success of Saudi Vision 2030 cannot be overstated.
According to a statement this past August by the Information Technology Industry Council, the first commercial 6G services are expected around 2030, with pre-commercial trials expected in 2028. Collaboration is the cornerstone of our vision for 6G, he says.
The Kingdoms Vision 2030 is also a driving force behind its cybersecurity efforts. With cybersecurity at the forefront of its Vision 2030 goals, Saudi Arabia is positioning itself as a leading digital economy, capable of harnessing the power of emerging technologies while mitigating potential risks.
Commentary: Australia’s Cyber Security Strategy 2023-2030 is a bold and far-reaching vision that will see Australia become a world leader. However, a lack of bipartisan agreement may undermine it.
As global enterprise spending on software surpasses the $1 trillion mark in the coming decade, the growth rate of software spending will slow to 4% per annum from 7% historically. A buyers’ market for enterprise software will emerge.
AI-friendly buyers drive spending Buyers comfortable with AI could drive about half of all consumer spending in the US, Germany, and Australia by 2030, the reports claims, amounting to $4.4 trillionof purchases in the US alone.
Migration toS/4HANA must be completed by 2030, and thats only if they buy into SAPs special three-year reprieve beyond standard maintenance end-of-life at the end of 2027. SAP user companies are up against the clock.
of US jobs by 2030. Generative AI will revolutionize frontline B2B marketing, offering both opportunities and threats to the status quo. Forrester forecasts that automation and AI overall will replace 4.9% With unique regard to frontline […]
Uptime estimates that data center growth measured in kilowatt hours of demand will spike from 400 terawatt hours (TWh) in 2023 to 1,000 TWh hours in 2030. The requirements for standard data center compute will effectively double over the next few years from 365 TWh in 2023 to 750 TWh in 2030 accounting for 75% of total demand.
All told then, migration to S/4HANA would need to be completed by the end of 2030. After that, SAP user companies would have the option to purchase the more expensive extended maintenance for an additional three years. Although S/4HANA has been on the market for a decade now, many companies are still struggling to make the switch.
Nokia CEO Pekka Lundmark: Definitely by 2030. ABI Research: Sometime in the 2030s. Arriving at a consensus on when 6G wireless will be widely available commercially is all but impossible, as this small sample size shows: Northeastern University researchers: More than five years, but probably not long after.
Todo esto con el anuncio de SAP de la finalizacin del mantenimiento de ERP para el 2030 . Para el CIO de CCEP, a nivel global, las grandes cifras no se centrarn en la IA, sino en otros proyectos, como las transformaciones de SAP a SAP4HANA , con la fecha de 2030 en el horizonte, o la finalizacin de los proyectos de migracin a la nube.
In the energy and utilities sector, sustainability goals, such as Saudi Arabias Vision 2030 and UAEs Net Zero 2050, will drive investment in smart grids, renewable energy, and AI-driven energy efficiency solutions. Fintech hubs like Dubai and Riyadh will continue attracting global and regional players.
Forrester’s Global AI Software Forecast, 2023-2030 supports this, as content marketing is the third largest category for specialized genAI software spend. Generative AI’s emergence triggered a landslide of interest and experimentation across sectors, including social media and content.
By 2030, banking will be invisible, connected, insights-driven, and purposeful. Leading banks are pivoting and rebooting their strategy — capitalizing on the pace of change and innovation and setting their course for the next decade.
AI governance software will also become increasingly important in this process, with Forrester predicting spending on off-the-shelf solutions will more than quadruple by 2030, reaching almost $16 billion. McKinsey has calculated that global demand for data center capacity could rise at an annual rate of 19% to 22% from 2023 to 2030.
Total ICT electricity demands will exceed 9% of total global energy production by 2030, up from less than 3% today,” Johnson pointed out. “To This means that while total ICT power demand accounts for less than 3% of the total power generation in 2024, it will account for over 9% by 2030,” the report said.
Alemania y Australia para 2030, afirma el informe, lo que equivale a 4,4 billones de dlares en compras solo en EE. Los clientes del Reino Unido irn ligeramente por detrs, pero casi el 40% del gasto de los consumidores en el pas lo realizarn clientes que se sientan cmodos con la IA para 2030, segn las proyecciones del informe.
Data centers could consume upwards of 9% of US electricity generation by 2030, more than double the amount currently used, although the role AI contributing to the demand, a new study has found.
It is expected to contribute over 930 USD billion to the global economy by 2030,” he said. Engin Aksoy, CEO of Vodafone Türkiye, discussed the nation’s vision for digital transformation and Vodafone’s leadership role in advancing 5G. “5G 5G will drive significant growth in mobile traffic and bring about new business models.
According to the firm, our current era, that of noisy intermediate-scale quantum will last until 2030. Broad quantum advantage where quantum computers can be used to solve problems that traditional computers cant handle will last from approximately 2030 to 2040, according to the Boston Computing Group.
Forrester’s data shows job losses will reach 29% by 2030, and the creation of equivalent jobs will total only 13%. Academics to consultants are prognosticating on the future of work, picking winners and losers, often to the detriment of employees. Job losses and gains dominate headlines. Humanity remains at the center.
According to a report from the Sydney-based Climate Energy Finance (CEF) think tank, China will meet its aggressive 1,200 gigawatt renewable target for 2030 by the end of this month – a staggering 6.5 years ahead of schedule. Read Entire Article
El proyecto RTVE 2030 celebra su primer aniversario con unos datos “extraordinarios”: más de 18.000 horas de programas de televisión analizadas para determinar su contribución a la Agenda 2030. En total, cuenta ya con 70 programas, lo que supone más de 24.500 episodios.
SAP today announced that it will continue to support customers on Business Suite 7 until 2030. This won’t surprise many people, because the 2025 deadline was unrealistic given how slowly SAP’s customers are moving to S/4HANA. It was never likely that SAP would risk its €11.5
The first phase of the facility, known as Mod 1, should be finished in 2030, with chip production beginning between 2030 and 2031. The company's revised timeline also affects the project's second phase, Mod 2, pushing it back to a 2031 completion date, with operations beginning in 2032. Read Entire Article
And despite Gartner forecasting that by 2030 every dollar of IT spend will have an AI component , CIOs nevertheless need to broaden the collective technology imagination beyond AI. And yes, I recognize that AI is different because previous hot technologies such as client/server and cloud didn’t get a parking space in the boss’s brain box.
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