Remove 2025 Remove Cost-Benefit Remove Strategy
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CIOs to spend ambitiously on AI in 2025 — and beyond

CIO Business Intelligence

Research firm IDC projects worldwide spending on technology to support AI strategies will reach $337 billion in 2025 — and more than double to $749 billion by 2028. AI spending on the rise Two-thirds (67%) of projected AI spending in 2025 will come from enterprises embedding AI capabilities into core business operations, IDC claims.

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Given IBM consulting’s genAI rollout, should CIOs rethink consulting strategies for 2025?

CIO Business Intelligence

But it did talk about cost implications, and implied that CIOs would be better off using the vendor’s systems, even with the Big Blue markup. There is a cost arbitrage and a quality play that can be built into a well-structured managed services deal,” Schadler said. “As It creates stickiness if nothing else.

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AI makes edge computing more relevant to CIOs

CIO Business Intelligence

As gen AI becomes embedded into more devices, endowing it with autonomous decision-making will depend on real-time data and avoiding excessive cloud costs. By processing data closer to the source, edge computing can enable quicker decisions and reduce costs by minimizing data transfers, making it an alluring environment for AI.

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6 strategic imperatives for your next data strategy

CIO Business Intelligence

According to the MIT Technology Review Insights Survey, an enterprise data strategy supports vital business objectives including expanding sales, improving operational efficiency, and reducing time to market. The problem is today, just 13% of organizations excel at delivering on their data strategy.

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Is your cloud strategy working? Why multicloud by design is the way forward.

CIO Business Intelligence

In some instances, organizations undertook a thoughtful and planned approach to their multicloud strategies. Many found these environments difficult to manage, govern and modernize, all while controlling costs. All these challenges limited the benefits the multicloud model was supposed to unlock. What is multicloud by design?

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Data-Driven Marketing Strategies to Supercharge eCommerce Businesses

Smart Data Collective

E-commerce Companies Are Using Big Data Technology to Improve the Execution of their Marketing Strategies. billion on big data by 2025. This figure will continue to grow as more online retailers discover the benefits of using big data for various purposes, such as marketing. The e-commerce sector is projected to spend over $6.2

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Partnering on Strategies for Data-First Modernization

CIO Business Intelligence

According to IDC , global data creation and replication will experience a compound annual growth rate (CAGR) of 23% by 2025. Gartner research shows that 60% of all enterprises will require storage products to have integrated ransomware defense and mitigation mechanisms by 2025, up from 10% in 2022. Partner Ecosystem at Work.