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Foxconn predicts the AI server market will explode to $150 billion by 2027

TechSpot

Hardware sales for data centers specifically tailored for AI applications will increase to $150 billion by 2027, Yangwei said, while it will. During his latest earnings call with analysts, Foxconn president Liu Yangwei highlighted the accelerated pace at which the AI server market will grow in the next few years. Read Entire Article

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US B2B E-Commerce Will Reach $3 Trillion By 2027

Forrester IT

This report outlines the potential of the US B2B e-commerce space across 11 durable and nondurable product categories, with historical data going back to 2008.

B2B 195
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Big data analytics expected to grow to $100B in value by 2027

Venture Beast

The explosive growth of big data analytics will help businesses generate industry-leading personalized experiences through the next 5 years. Read More.

Big Data 145
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Generative AI will drive a foundational shift for companies — IDC

ComputerWorld IT Management

Over the next two years, generative artificial intelligence (genAI) will force organizations to address a myriad of fast-evolving issues, from data security to tech review boards, new services, and — most importantly — upskilling employees. To read this article in full, please click here

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Lumen Orbit emerges from stealth and raises $2.4M to put data centers in space

GeekWire

million pre-seed investment round to launch its plan to put hundreds of satellites in orbit, with the goal of processing data in space before it’s downlinked to customers on Earth. “Essentially, other satellites will send our constellation the raw data they collect.

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Open Banking Adoption Is On The Cusp Of Robust Growth In Europe

Forrester IT

Forrester’s European Open Banking Forecast predicts a doubling of the adoption of open banking across countries, and use cases, from 2022 to 2027.

Banking 195
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Arm CPUs forecast to capture a quarter of laptop market by 2027

TechSpot

According to the latest data from Counterpoint Research, Arm-based laptops are on track to claim significant market share from traditional x86-based machines in the coming years. Read Entire Article