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IDC: Pace of enterprise applications sales will increase next year

CIO Business Intelligence

IDC forecasts the growth rate of enterprise applications software sales will pick up in 2024, and remain steady through 2027, despite a dip this year as a result of CIOs continuing to pull back on spending due to economic headwinds. Software sales grew 9.8% Software sales grew 9.8% through 2027.

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Dear SAP Support – We’ve Grown Apart

CIO Business Intelligence

The software I paid $5 million for was suddenly not new enough for you to take care of anymore. I poured my heart and soul into that software. A couple of times, I acquiesced and upgraded—at great expense to me—because my software was working, and I wanted to keep it supported and maintained. Then there was the 2027 ultimatum.

SAP 85
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Three predictions for AI and automation business adoption

CIO Business Intelligence

In 2023, enterprises worldwide spent $166 billion on AI solutions (AI software, hardware, and services), but that spending is expected to grow 27% per year to $423 billion by 2027, according to IDC’s report. In DevOps, KPIs may be improvements in software quality or time to value.

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Project management: Tips, tools, best practices

CIO Business Intelligence

Costs management: Estimate costs, determine budgets. Project scope During the planning phase, all project details must be solidified , including goals, deliverables, assumptions, roles, tasks, timeline, budget, resources, quality aspects, terms, and so on. Budget for surprises. Quality management: Identify quality requirements.

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Prioritizing AI? Don’t shortchange IT fundamentals

CIO Business Intelligence

It’s easy to view these as competing priorities vying for CIO attention and budget that are unfairly dwarfed by boardroom interest in the new and shiny opportunities promised by gen AI. But in other areas, IT teams will look to increase budgets and spending.

Hardware 141
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8 strategies for accelerating IT modernization

CIO Business Intelligence

And with infrastructure and application modernization cited as key reasons for CIOs’ budget increases this year, according to the 2024 State of the CIO Survey, that pace is not fast enough. Adopt a buy, not build, mindset IT has come a long way since those early years when it built all its own software in-house.

Strategy 139
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SAP user groups see pick-up in migration to S/4HANA

CIO Business Intelligence

Adopters are being drawn by advanced capabilities in the new software, and driven by concerns about maintenance of older systems. The biggest driver for the move to S/4HANA, cited by 70% of survey respondents, is SAP’s plan to end maintenance support for its ECC 6 and Business Suite 7 software in December 2027.

SAP 76