Global semiconductor revenue is projected to grow 14% in 2025 to total $717 billion, according to the latest forecast from Gartner. In 2024, the market is forecast to grow 19% and reach $630 billion. Following a decline in 2023, semiconductor revenue is rebounding and expected to record double-digit growth inRead More…

Worldwide IT spending is expected to total $5.74 trillion in 2025, an increase of 9.3% from 2024, according to the latest forecast by Gartner. “Current spending on generative AI (GenAI) has been predominantly from technology companies building the supply-side infrastructure for GenAI,” said John-David Lovelock, Distinguished VP Analyst at Gartner. “CIOs will beginRead More…

Through 2027, generative AI (GenAI) will spawn new roles in software engineering and operations, requiring 80% of the engineering workforce to upskill, according to Gartner. “Bold claims on the ability of AI have led to speculation that AI could reduce demand for human engineers or even supplant them entirely,” said Philip Walsh, Sr PrincipalRead More…