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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. through 2027. Software sales grew 9.8% It expects that growth rate to dip to 8.5%

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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. So CIOs thinking about hardware budgets should factor in high-end servers that can accommodate GenAI workloads.”

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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. When you think about all the blocking and tackling a CIO needs to do for regular applications, that especially applies to AI.”

Hardware 141
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8 strategies for accelerating IT modernization

CIO Business Intelligence

Recent research found that application modernization took an average of 16 months. 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.

Strategy 139
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Which eBook Format is Better? Here Are the Top 5

Kitaboo

billion in 2027. Despite its limitations, you can open this file format in various eBook management applications. These files are created for Apple’s iBook Author (IBA) application. A bonus tip would be to consider your budget, especially if you are self-publishing. The current user penetration of 12.8%

eBook 78
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SAP user groups see pick-up in migration to S/4HANA

CIO Business Intelligence

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. Awareness and adoption of the Rise with SAP all-in-one package of licensing, hosting and application management is also on the up.

SAP 78
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Air Force CDAIO Eileen Vidrine on leading top-flight AI operations

CIO Business Intelligence

With the appointment, Vidrine rejoined the department after serving as the senior strategic advisor for data to the federal CIO in the Office of Management and Budget (OMB), a post she held since January 2022. This past spring, the Department of the Air Force (DAF) named Eileen Vidrine as chief data and artificial intelligence officer.