Covering Scientific & Technical AI | Tuesday, December 10, 2024

IDC

IDC Report: AI Infrastructure Spending to Surpass $100B by 2028

NEEDHAM, Mass., Nov. 27, 2024 -- The global Artificial Intelligence (AI) infrastructure market is on track for unprecedented growth, poised to surpass $100 billion USD in spending by 2028, according ...Full Article

IDC: AI to Contribute $19.9T to Global Economy, Driving 3.5% of GDP by 2030

NEEDHAM, Mass., Sept. 17, 2024 -- New research from IDC entitled, The Global Impact of Artificial Intelligence on the Economy and Jobs, predicts that business spending to adopt artificial intelligence ...Full Article

IDC Reports Rapid Growth in AI Platforms Software Market with $153B Forecast by 2028

NEEDHAM, Mass., July 29, 2024 -- The market for artificial intelligence (AI) platforms software grew at a rapid pace in 2023 and is projected to maintain its remarkable momentum, ...Full Article

IDC: Worldwide Spending on Digital Transformation is Forecast to Reach Almost $4T by 2027

NEEDHAM, Mass., May 30, 2024 -- Worldwide spending on Digital Transformation (DX) is forecast to reach almost $4 trillion in 2027, according to the latest update to the International Data ...Full Article

IDC Estimates that GenAI Will Increase Marketing Productivity More Than 40% by 2029

NEEDHAM, Mass., April 1, 2024 — New research from International Data Corporation (IDC) shows that applying generative artificial intelligence (GenAI) to a range of enterprise marketing tasks will result ...Full Article

Sopra Steria Next Forecasts GenAI Market to Be Worth $100B by 2028

The rise of generative article intelligence (GenAI) has taken the world by storm in 2023.  While organizations have taken a keen interest in deploying GenAI technology, it has remained ...Full Article

Public Cloud Services Revenues Surpass $500 Billion in 2022: IDC

Worldwide revenue for the public cloud services market totaled $545.8 billion in 2022, an increase of 22.9% over 2021, according to new data from the IDC Worldwide Semiannual Public ...Full Article

IT Spending Remains Steady Despite Pandemic

Market forecasters continue to crunch the numbers to determine precisely how the pandemic will shape IT spending during a period of unprecedented uncertainty. Moreover, the need to adapt in ...Full Article

3 Key Ways AI is Powering the Modern Enterprise

Artificial Intelligence (AI) has had a massive impact on the way companies do business, and it goes without saying that the technology is here to stay. An article from ...Full Article

After Pause, AI Software Market Expected to Soar

The upward advance of the global AI software market is forecast to rise between its current $16.4 billion level to as high as nearly $100 billion by 2025 as ...Full Article
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