article thumbnail

Gartner projects major IT spending increases for 2025

CIO Business Intelligence

in 2025, one of the largest percentage increases in this century, and it’s only partially driven by AI. Gartner’s new 2025 IT spending projection , of $5.75 Gartner’s new 2025 IT spending projection , of $5.75 in 2025, but software spending — four times larger than the data center segment — will grow by 14% next year, to $1.24

IT 133
article thumbnail

Where CIOs should place their 2025 AI bets

CIO Business Intelligence

times compared to 2023 but forecasts lower increases over the next two to five years. Experienced CIOs know there is never a blank check for transformation and innovation investments, and they expect more pressure in 2025 to deliver business value from gen AI investments. CIOs should consider placing these five AI bets in 2025.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Delays in TSMC’s Arizona plant spark supply chain worries

CIO Business Intelligence

Despite these setbacks and increased costs, Wei expressed optimism during the companys recent earnings call, assuring that the Arizona plant would meet the same quality standards as its facilities in Taiwan and forecasting a smooth production ramp-up. The US government has extended robust support to TSMCs investment, offering a $6.6

article thumbnail

How will AI agents be priced? CIOs need to pay attention

CIO Business Intelligence

Agentic AI, the more focused alternative to general-purpose generative AI, is gaining momentum in the enterprise, with Forrester having named it a top emerging technology for 2025 in June. CIOs and IT leaders must determine how their organizations will use the AI agents to determine the best pricing for them, adds BCG Xs Iyer.

article thumbnail

The new calling of CIOs: Be the moral arbiter of change

CIO Business Intelligence

Meanwhile, Gartner predicts at least 30% of gen AI projects will be abandoned after the proof-of-concept stage by 2025. He emphasizes the importance of PoC studies in gaining stakeholder buy-in, and the role of data science, ML, and AI to enhance weather forecasting. However, emerging technology must be used carefully.

article thumbnail

TBM helps CIOs translate tech spending to business outcomes

CIO Business Intelligence

More than 90% of IT leaders, in fact, expected their 2025 budgets to increase when surveyed in 2024. Cost transparency and accurate budget forecasting are two major parts of the TBM framework, Guarini says.

ROI 96
article thumbnail

Infor’s Velocity Summit Highlights Multiple Advances and Enhancements

David Menninger's Analyst Perspectives

For distribution, food and beverage, fashion, process and discrete manufacturing business, Infor now offers comprehensive demand forecasting and supply planning as well as AI-enabled warehouse management. Infor’s AI-related product enhancements are especially important because enterprises are already making significant investments in AI.

Finance 130