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Spend On Generative AI Will Grow 36% Annually To 2030

Forrester IT

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.

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Energy shortages threaten to restrict 40% of AI data centers by 2027

Network World

“The explosive growth of hyperscale data centers for GenAI applications is creating an unprecedented demand for power,” Bob Johnson, VP Analyst at Gartner said in the research firm’s latest report. Total ICT electricity demands will exceed 9% of total global energy production by 2030, up from less than 3% today,” Johnson pointed out. “To

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Saudi Arabia launches $100 Billion AI initiative to lead in global tech

CIO Business Intelligence

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.

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2030 Vision: How the telco industry’s past successes will shape its future

TM Forum

One example is combining new applications with connectivity (e.g., This ecosystem will feature a variety of different players, from telcos and hyperscalers to ISVs and cloud providers. Partnership within the ecosystem will enable telcos to provide additional value with their 5G connections to maximize value. Telstra offering a.

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Getting ahead of cyberattacks with a DevSecOps approach to web application security

CIO Business Intelligence

Web applications are foundational to a company’s business and brand identity yet are highly vulnerable to digital attacks and cybercriminals. As such, it’s vital to have a robust and forward-leaning approach to web application security. What is DevSecOps? According to IBM , a single data breach costs $9.4

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AI is wild card in data center energy demand, say electricity researchers

Network World

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. While AI applications are estimated to use only 10%-20% of data center electricity today, that percentage is growing rapidly.”

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Almarai partners with Google Cloud to power its digital transformation journey

CIO Business Intelligence

Almarai’s digital transformation with Google Cloud focuses on two pivotal initiatives: migrating its SAP workloads to the cloud using SAP RISE and moving its sales applications online. We are confident this collaboration will unlock new opportunities, drive our growth, and redefine customer experience standards in the region.”

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