Monday, April 29, 2024
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Generative AI

Networkworld 

Gartner: IT spending to climb 8% to $5.1 trillion in 2024

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Driven primarily by cloud and cybersecurity investments, worldwide IT spending is projected to total $5.1 trillion in 2024, an increase of 8% from 2023, according to the latest forecast from Gartner.The software and IT services segments will see double-digit growth in 2024, largely driven by cloud spending, according to Gartner.Global spending on public cloud services is forecast to increase 20.4% in 2024. The source of growth will be a combination of cloud vendors’ price increases and increased utilization, just as it was in 2023, wrote John-David Lovelock, a distinguished vice president analyst at Gartner.Cybersecurity spending is also driving growth in the software segment. Roughly 80% of CIOs reported that they plan to increase spending on cyber/information security in 2024, according to Gartner’s 2024 CIO and Technology Executive Survey.To read this article in full, please click here READ MORE HERE…

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Networkworld 

Gartner’s 2024 predictions: Lots of AI, changing cybersecurity roles, electricity rationing, and more

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AI will play a significant role in enterprise IT in the coming year, and the influence of generative AI will permeate other tech trends on the horizon. Smart robots, a rise in employee unionization, and growing power-availability concerns are among the top predictions for 2024 and beyond from research firm Gartner, which is hosting its annual IT Symposium/Xpo this week.“This is the first full year with generative AI (GenAI) at the heart of every strategic decision, and every other technology-driven innovation has been pushed out of the spotlight,” said Leigh McMullen, distinguished vice president analyst at Gartner. “GenAI has broken the mold and has kept building more excitement.”To read this article in full, please click here READ MORE HERE…

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Networkworld 

Gartner: Enterprises need to focus on AI priorities and readiness

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AI technologies including generative AI and large language models are rapidly developing into business partners rather than just tools for rewriting content or pumping out cool recipes, Gartner analysts told the more than 8,000 IT executives at its IT Symposium/Xpo in Orlando, Florida, this week.“GenAI is not just a technology or just a business trend. Machines are evolving from being our tools to becoming our teammates,” said Mary Mesaglio, distinguished vice president analyst at Gartner. “We are moving from what machines can do for us to what machines can be for us.”  To read this article in full, please click here READ MORE HERE…

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Networkworld 

Gartner: Top strategic technology trends for 2024

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AI and intelligent application-development trends will impact the enterprise the most in 2024, says research firm Gartner, which unveiled its annual look at the top strategic technology trends that organizations need to prepare for in the coming year.“A lot of the trends are around AI development, but also in protecting the investment that organizations have already made. For example, they’ve invested in machine learning, natural language. And there’s a ramp up in software engineering right now where people are building more things because they have access to that data and the development tools are getting better,” said Chris Howard, distinguished vice president analyst and chief of research, during his presentation of this year’s trends list at Gartner’s flagship IT Symposium/Xpo conference in Orlando, Florida.To read this article in full, please click here READ MORE HERE…

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Networkworld 

IBM: Treat generative AI like a burning platform and secure it now

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In the rush to deploy generative AI, many organizations are sacrificing security in favor of innovation, IBM warns.Among 200 executives surveyed by IBM, 94% said it’s important to secure generative AI applications and services before deployment. Yet only 24% of respondents’ generative AI projects will include a cybersecurity component within the next six months. In addition, 69% said innovation takes precedence over security for generative AI, according to the IBM Institute for Business Value’s report, The CEO’s guide to generative AI: Cybersecurity.To read this article in full, please click here READ MORE HERE…

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Networkworld 

Most hyped network technologies and how to deal with them

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The appeal of promising network technologies can be jaded by pressure to adopt untested ideas. When I look over the comments I’ve gotten from enterprise technologists this year, one thing that stands out is that almost three-quarters of them said that entrenched views held by company executives is a “significant problem” for them in sustaining their network and IT operations.“Every story that comes out gets me a meeting in the board room to debunk a silly idea,” one CIO said. I’ve seen that problem in my own career and so I sympathize, but is there anything that tech experts can do about it? How do you debunk the “big hype” of the moment?For starters, don’t be too dismissive. Technologists agree that a dismissive response to hype cited by senior management is always a bad idea. In fact, the opening comment that most technologists suggested is “I agree there’s real potential there, but I think there are some near-term issues that need to be resolved before we could commit to it.” The second-most-cited opening is “I’ve already launched a study of that, and I’ll report back to you when it’s complete.” There’s usually a grain (yeah, often a small grain) of truth underneath the hype pile, and the best approach is to acknowledge it somehow and play for time. Hype waves are like the tides; they come in and they go out, and many times management will move on.To read this article in full, please click here READ MORE HERE…

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