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Data center spending to top $1 trillion by 2029 as AI transforms infrastructure

Network World

Enterprises are now spending about 35% of their data center CapEx budgets on accelerated servers optimized for AI, up from 15% in 2023, says DellOro analyst Baron Fung. For hyperscalers, the AI investment is even higher, as they are already spending 40% of their budgets on accelerated servers.

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Moderate IT budget increases have CIOs shaping 2025 strategies to suit

CIO Business Intelligence

Despite those complications, a huge majority of IT leaders expect their organizations’ IT budgets to increase — at least moderately — in the next fiscal year, with IT talent and software spending leading the way. Talent, software spending lead the way According to Forrester’s guide, personnel accounts for nearly 35% of IT budgets.

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No Extension to SAP ECC 6 and Business Suite 7 Mainstream Support End Date in 2027

CIO Business Intelligence

Back in 2020, SAP announced it would extend the end of mainstream ECC6.0support from 2025 to 2027.At When asked if SAP would extend the ECC support deadline beyond 2027, he clearly said no. The clock is ticking you need a plan (Just so you know, the 2027 deadline is for ECC 6.0 As they say, Sorry to burst your bubble, but .

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CIOs are rethinking how they use public cloud services. Here’s why.

CIO Business Intelligence

Cloud spending is going up and budgets are tightening, so theyre asking whats going on and how do we right this ship. Jeff Wysocki, CIO at mining firm Mosaic Company, acknowledges those budget-busting concerns, but he says CIOs may be able to work with their public cloud provider to get those costs under control.

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Get Ready for FutureIT Boston With This AI Infographic

CIO Business Intelligence

IT decision-makers know that generative AI is the most disruptive technology in decades and are budgeting accordingly. IDC has forecast that spending on AI solutions will grow 27% per year to $423 billion by 2027. Check out the infographic below for AI adoption predictions, including tips for staying prepared.

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Oak Ridge seeks next-level supercomputer to blow away Frontier

Network World

This month ORNL issued a massive request for proposal for OLCF-6 , a new machine, now dubbed Discovery, to be delivered by late 2027 or early 2028. With an anticipated budget of US$500 million, Discovery’s requirements are extensive. The Technical Requirements document alone is 69 pages. 1 on the Top 500 list of supercomputers.

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5 ways for CIOs to deal with AI proliferation

CIO Business Intelligence

of IT budgets by 2027. This isnt surprising given that gen AI investments alone are expected to grow some 60%over the next three years, according to the Boston Consulting Group, accounting, on average, for 7.6%