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Gartner: IT Spending Expected to Grow 8% in 2024

Tech Republic Data Center

Data center systems and mobile devices will lead the expected growth in IT spending, according to Q2 predictions.

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Generative AI gold rush drives IT spending — with payoff in question

CIO Business Intelligence

A scramble to invest in artificial intelligence and a natural replacement cycle for computing devices purchased during the COVID pandemic will lead to an 8% increase in global IT spending this year, Gartner predicted. In other words, CIOs are likely to be apportioning more budget toward speculative initiatives less likely to pan out.

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8 pressing needs for CIOs in 2024

CIO Business Intelligence

The most pressing responsibilities for CIOs in 2024 will include security, cost containment, and cultivating a data-first mindset.” Here, we detail those and others that comprise eight of the top priorities for CIOs in 2024. Among the various strategies at our disposal, automation stands out as a pivotal solution,” she says. “In

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Microsoft invests €3.2 billion in AI and the cloud in Germany

CIO Business Intelligence

billion in Germany by the end of 2025 to double the artificial intelligence and cloud capacities of its data centers there. New data centres After doubling the capacity of its own data centers in Germany in 2023, Microsoft intends to double it again by the end of 2025. Microsoft will invest €3.2

Microsoft 131
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IT leader’s survival guide: 8 tips to thrive in the years ahead

CIO Business Intelligence

Managers looking toward 2024 and beyond certainly have a full plate. Here are eight key ideas to consider that can help you prioritize, adapt, and thrive in 2024 and beyond. Quality, hard-working individuals underpin all data initiatives,” Jayanthi says. For most businesses, every IT dollar spent counts,” he says.

CTO 139
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10 top priorities for CIOs in 2024

CIO Business Intelligence

Gain stronger control over data Jae Evans, global CIO and executive vice president at Oracle, is planning to prioritize data control in 2024, and CIOs across industries would be wise to follow suit. “As As a large enterprise, we have vast amounts of data from disparate sources,” she says.

Training 142
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The 10 biggest issues IT faces today

CIO Business Intelligence

Others also list data initiatives as a top issue for CIOs. Hackenson, for example, says she’s focused on data and has prioritized its use in driving her company’s expanding use of machine learning and artificial intelligence. There is no tech strategy that does not have cloud in the center,” Baig says.

Cloud 144