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Spend On Generative AI Will Grow 36% Annually To 2030

Forrester IT

The technology’s wide applicability across industries and occupations will drive massive growth: According to Forrester’s new forecast, generative AI will have an average annual growth rate of 36% up to 2030, capturing 55% of the AI software market.

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Consulting, software boost IBM revenue as it turns to AI

CIO Business Intelligence

Strong performances in software and consulting helped IBM’s profit and revenue increase in the first quarter, even as a post-pandemic slowdown hit much of the technology industry. IBM’s software and consulting revenue both rose 3% year over year. Enterprise Applications, IT Consulting Services, Technology Industry 4%, to $14.3

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The case for predictive AI

CIO Business Intelligence

According to Forrester , GenAI will have an average annual growth rate of 36% up to 2030, capturing 55% of the AI software market. Predictive AI will not only help make mainframe applications better, but it can also help predict what could potentially go wrong in an application and what to do to prevent that from happening.

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Web browsers: Reimagining remote work needs at the enterprise level

CIO Business Intelligence

With more freelancers, contractors, and BYOD programs accessing corporate applications (like web and SaaS applications) via their own devices, oftentimes, what is overlooked is the security posture for the choice of web browsers people are using. Why does this matter?

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4 industries where chatbots will have the biggest impact

CIO Business Intelligence

Healthcare: digital assistants for Dx and Rx The market for healthcare chatbots globally is projected to more than triple to $647 million by 2030, according to Vantage Market Research. Banking: bots to help both consumers and analysts Like healthcare, the banking sector is poised to nearly triple its chatbot investment by 2030, from $2.45

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SAP prepares to add Joule generative AI copilot across its apps

CIO Business Intelligence

By year-end, users of a couple of SAP applications should have the option to ask generative AI copilot, Joule, to help with their work — and the company plans to roll the feature out across all its applications one by one in the years to come. One of the unique aspects of SAP is it has a vast portfolio of applications,” Sandhu said. “We

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Making OT-IT integration a reality with new data architectures and generative AI

CIO Business Intelligence

According to Gartner , as much as 75% of operational decisions could be made within an AI-enabled application or process by 2030. What’s more, legacy data management practices mean that manufacturers are unable to fully exploit the opportunities of generative AI. These opportunities are significant.