article thumbnail

The impact of AI on edge computing

CIO Business Intelligence

IDC forecast shows that enterprise spending (which includes GenAI software, as well as related infrastructure hardware and IT/business services), is expected to more than double in 2024 and reach $151.1 billion in 2027 with a compound annual growth rate (CAGR) of 86.1% over the 2023-2027 forecast period 1. billion in 2027.

Dell 97
article thumbnail

The Future of the Internet as a Global Infrastructure

CIO Business Intelligence

Rising pan-Atlantic digital demand is increasing the importance and accelerating the development of Internet infrastructure across the pond, driving value and new cross-continental business opportunities. The EU is addressing this by investing up to €300 billion between 2021 and 2027 in a range of infrastructure projects.

Internet 107
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Verizon accelerates 5G rollouts with automation platform

CIO Business Intelligence

To that end, New York-based telecom giant Verizon has developed a platform for migrating millions of customers to its next-generation networks such as 5G, Cloud Connectivity, and Fixed Wireless Access — with minimal disruption. The usage on the network is growing at a very fast pace.”

article thumbnail

Swiss Federal Railways CIO relies more on AI than concrete

CIO Business Intelligence

The rail network is also the densest in Europe to the point where it can no longer be expanded because all the necessary areas are already fully utilized. “We And this is urgently needed because Swiss Federal Railways (SBB) expects 30 to 40% more passengers in 2034 than today, putting that much additional strain on an unchanged route network.

article thumbnail

Maximizing the Business Benefits of Multi-Cloud Adoption

CIO Business Intelligence

Experts reveal that by 2027, cloud adoption will be mainstream, with 90% of enterprises implementing some kind of cloud strategy. What’s key is that, in the process, the cloud won’t just be a technology disruptor — it will be a business disruptor. What does this mean for your business? More agility.

Cloud 115
article thumbnail

More connected, less secure: Addressing IoT and OT threats to the enterprise

CIO Business Intelligence

By 2027, the global number of connected IoT devices is projected to exceed 29 billion, a significant increase from the 16.7 In this article, we’ll explore the risks associated with IoT and OT connectivity and the measures that organizations need to take to safeguard enterprise networks. billion devices reported in 2023.

article thumbnail

Deutsche Telekom calls on SAP for Rise all-in-one offer

CIO Business Intelligence

Back then, the telco’s CIO said the move would enable the company to create better predictive planning models that would in turn speed up the rollout of 5G networks or ensure customers receive the equipment they order more quickly. It began the process of standardizing 11 of its 55 ERP systems on SAP S/4HANA in 2019.

SAP 99