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

Network World

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. For hyperscalers, the AI investment is even higher, as they are already spending 40% of their budgets on accelerated servers.

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Moderate IT budget increases have CIOs shaping 2025 strategies to suit

CIO Business Intelligence

Despite those complications, a huge majority of IT leaders expect their organizations’ IT budgets to increase — at least moderately — in the next fiscal year, with IT talent and software spending leading the way. Talent, software spending lead the way According to Forrester’s guide, personnel accounts for nearly 35% of IT budgets.

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Sharply rising IT costs have CIOs threading the needle on innovation

CIO Business Intelligence

Many CIOs expect significant price increases in the cloud and other IT products and services during 2025, requiring those with stagnant budgets to make difficult decisions about IT spending. It wasnt until post-COVID in the energy crisis, followed by staff cost increases, when that story turned around.

Budget 290
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EU moves toward regulating data center energy and water use

CIO Business Intelligence

The European Union will take a big step toward regulating energy and water use by data centers in September, when organizations operating data centers in EU nations will be required to file reports detailing water and energy consumption, as well as steps they are taking to reduce it. between 2020 and 2030. between 2020 and 2030.

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Gen AI in 2025: Playtime is over, time to get practical

CIO Business Intelligence

Theyre being more purposeful about what they want to spend the time and energy and dollars on versus, Lets just experiment and see what the technology might be able to do. The NTT survey aligns with a new survey commissioned by IBM , which found that 62% of companies are planning to increase their AI budgets in 2025.

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A cloud-based solution to rescue millions from energy poverty

CIO Business Intelligence

British-based Savannah Energy operates on a simple principle: Financial poverty and energy poverty are intertwined. In its quest to alter this picture, Savannah Energy would need a solid, cloud-based platform to manage organizational change as it transformed its business – as well as the nations where it operates.

Energy 274
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National Grid’s energy transformation is fueled by IT

CIO Business Intelligence

Being on what she calls the “frontier” of the global energy transformation may keep her up some nights, but it is “rewarding” beyond words, says Karaboutis, who will be speaking at the MIT Sloan CIO Symposium next week. You can imagine what the Infrastructure Act and the Go Green [initiatives] has meant for my budget.

Energy 264