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…

Forty percent of generative AI (GenAI) solutions will be multimodal (text, image, audio and video) by 2027, up from 1% in 2023, according to Gartner, Inc. This shift from individual to multimodal models provides an enhanced human-AI interaction and an opportunity for GenAI-enabled offerings to be differentiated. Speaking at Gartner IT Symposium/Xpo on the Gold CoastRead More…

Worldwide end-user spending on information security is projected to total $212 billion in 2025, an increase of 15.1% from 2024, according to a new forecast from Gartner. In 2024, global information security end-user spending is estimated to reach $183.9 billion. “The continued heightened threat environment, cloud movement and talent crunchRead More…