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Top 10 AI Forecast for 2024 by Analytics Vidhya

Analytics Vidhya

In this comprehensive forecast, we delve into the anticipated trends that are set to shape the landscape of AI in 2024. Brace yourselves for a journey into the future of technology, where innovation knows […] The post Top 10 AI Forecast for 2024 by Analytics Vidhya appeared first on Analytics Vidhya.

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AI Predictions for 2024: Key Insights from Global Experts

Analytics Vidhya

Introduction As the calendar flips to 2024, the dynamic Artificial Intelligence (AI) world anticipates significant advancements and challenges. Based on insights from influential voices in AI, we offer a curated synthesis of our 2024 predictions.

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Accelerating AI for financial services: Innovation at scale with NVIDIA and Microsoft

CIO Business Intelligence

In one example, BNY Mellon is deploying NVIDIAs DGX SuperPOD AI supercomputer to enable AI-enabled applications, including deposit forecasting, payment automation, predictive trade analytics, and end-of-day cash balances. Whats more, three quarters consider their AI capabilities to be ahead of or right in line with their peers.

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IT resiliency: Running two different hypervisors

CIO Business Intelligence

Forrester predicted 20% of VMware customers would leave in 2024 , “exhausted by significant price hikes, degrading support, and mandatory subscription.” Boyd was using VMware as our hypervisor and Nutanix’s AHV ,” said Lowe while interviewed at NEXT 2024. Ken Kaplan is Editor in Chief for The Forecast by Nutanix.

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5 reasons the enterprise data center will never die

CIO Business Intelligence

In fact, Gartner says that 2024 global enterprise spending on data centers was a healthy $66 billion. Six years ago, nearly 60% of data center capacity was on-premises; thats down to 37% in 2024. The forecast anticipates strong growth through 2028, with spending expected to be near $378 billion, at a double-digit rate.

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Where CIOs should place their 2025 AI bets

CIO Business Intelligence

We may look back at 2024 as the year when LLMs became mainstream, every enterprise SaaS added copilot or virtual assistant capabilities, and many organizations got their first taste of agentic AI. AI at Wharton reports enterprises increased their gen AI investments in 2024 by 2.3

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By 2024, 60% of the data used for the de­vel­op­ment of AI and an­a­lyt­ics projects will be syn­thet­i­cally gen­er­ated

Andrew White

This is why our data and analytics storyline is focused on “ re-engineering the decision “ For example, synthetic data can help you cope when decision making brake down when: Estimation or forecast models based on historical data no longer work. Assumptions based on past experience fail.