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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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Three predictions for AI and automation business adoption

CIO Business Intelligence

That’s one of the main themes from IDC’s recent predictions report, “IDC FutureScape: Worldwide Artificial Intelligence and Automation 2024 Top 10 Predictions”. Fleming sees a large chunk going to compute-intensive, higher-cost hardware (such as Nvidia’s specialized servers) within that spending increase.

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Canadian CIOs discuss driving digital transformation at a rapid pace

CIO Business Intelligence

According to the State of the CIO, 2024 research “79% of heads of IT say that CIOs have a strong educational partnership with the CEO/board of directors “and “88% of CIOs say that their role is becoming more digital and innovation focused”. This was an added stress on planning his data and cloud strategy.

IBM 96
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Avoid generative AI malaise to innovate and build business value

CIO Business Intelligence

However such fear, uncertainty, and doubt (FUD) can make it harder for IT to secure the necessary budget and resources to build services. On-premises will allow you to customize your model and support it with hardware optimized to handle heavy compute and storage loads. 2024 Artificial Intelligence Choose a workload location.

Dell 142
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Prioritizing AI? Don’t shortchange IT fundamentals

CIO Business Intelligence

Generative AI continues to dominate IT projects for many organizations, with two thirds of business leaders telling a Harris Poll they’ve already deployed generative AI tools internally, and IDC predicting spend on gen AI will more than double in 2024. But in other areas, IT teams will look to increase budgets and spending.

Hardware 143
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Inferencing holds the clues to AI puzzles

CIO Business Intelligence

Cost-effective GenAI, on premises Of course, here’s something that may not be mysterious for IT leaders: building, training, and augmenting AI stacks can consume large chunks of budget. 1 Inferencing on-premises with Dell Technologies can be 75% more cost-effective than public clouds, Enterprise Strategy Group, April 2024.

Dell 135
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Computing at the edge of space: HPE and Microsoft conduct International Space Station experiments

GeekWire

HPE’s Spaceborne Computer-2 uses off-the-shelf servers and components encased in hardware designed for harsh environments. Time is of the essence: Congress has authorized the ISS budget through 2024, but even if the budget is extended, it’s not expected to go beyond 2030.

Microsoft 145