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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 132
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AI makes edge computing more relevant to CIOs

CIO Business Intelligence

By 2025, edge computing will become even more widespread, particularly as AI and IoT expand.” And, looking to 2025, more CIOs plan to implement AI on the edge. Organizations that prioritize real-time decision-making and data processing should plan to embrace edge computing in their roadmaps for 2025 and beyond,” she says.

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Infor’s Velocity Summit Highlights Multiple Advances and Enhancements

David Menninger's Analyst Perspectives

Infor’s strategy is to tailor software with a high percentage of specific capabilities and functionality for customers in its target industries, delivering a faster time to value. Verticals and related subverticals include manufacturing, food and beverage, hospitality, healthcare, distribution and retail.

Finance 130
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Unlocking AI: Machine learning as a service

CIO Business Intelligence

On top of this, the rate at which this data is being created is expected to increase at such an extent that IDC predicts the global datasphere will grow from 33 zettabytes (ZB) in 2018 to 175 ZB by 2025 [2]. billion in 2022, more than three times that in 2018 [3], while the total global business value derived from AI is forecast to reach $3.9

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IT services spending signals major role change for CIOs ahead

CIO Business Intelligence

Analyst firm Gartner has released its 2024 worldwide IT spending forecast, and the topline is eyepopping: Overall IT expenditures are projected to grow 6.8% But the storyline CIOs should note from this year’s spending forecast is not about overall volume or uptick, or even whether generative AI is behind this year’s perky numbers (it isn’t).

IT 117
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Dell cuts jobs amid growing economic uncertainties

CIO Business Intelligence

Medium to long-term strategy Analysts point out that while several tech companies are reducing their workforce, Dell is one of the few who has recorded weak financial performance. We expect CSG net revenue growth for the full fiscal year, driven in part by the anticipated PC refresh cycle in the latter part of Fiscal 2025.”

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Salesforce unveils Agentforce to help create autonomous AI bots

CIO Business Intelligence

The autonomous nature of such agents is a central facet of “ agentic AI ,” a rising enterprise strategy for transforming business processes by automating specific functions within those processes, without human intervention. Agentforce takes that strategy — and ambition — a step further. What makes Agentforce agents stand out?

Sales 135