Gartner predicts that by 2026, global spending on software incorporating generative AI will actually surpass spending on traditional software without AI capabilities
The tech research firm said around 75% of hiring processes are expected to include assessments and certifications for workplace AI proficiency by 2027
With Generative AI taking the centre stage, spending on data centres are expected to see a significant YoY growth in 2024.
Mobile phone shipments are projected to fall 4% to 1.34 billion units in 2023, down from 1.40 billion units in 2022, Gartner said. They totaled 1.43 billion in 2021.
The shipments dropped to 65.3 million units in Q4 2022, a 28.5% decline from the year-ago period and the biggest fall since the mid-1990s, says Gartner
Indian businesses are also expected to increase spending on email, authoring and content services to continue to support collaboration and remote/hybrid work.
Gartner is projecting a contraction in semiconductor revenue for 2023, and a sizeable slump in sales growth this year. As consumer demand stares at a slowdown, chip makers are betting that automotive and cloud infra could cushion the fall.
The firm said current levels of volatility in both currency exchange rates and inflation is not expected to deter CIOs’ investment plans for 2022.
Shipments to China - the world's biggest smartphone market - are expected to shrink by 18% as demand takes a beating from strict COVID-19 curbs that halted activity in key economic hubs including Shanghai, Gartner said in a report on Thursday.
Governments are expected to cut spending on expensive legacy systems in favour of digital service delivery models in 2022, resulting in a fall in telecom investment.
“The 5G smartphone market also helped drive semiconductor revenue, with unit production more than doubling to reach 555 million in 2021, compared to 250 million in 2020," the Gartner report said.
This is up 7 percent from what the companies spent the previous year, driven by digital transformation in the wake of the COVID-19 pandemic.
“Digitalisation initiatives of Indian government organisations took a giant leap in 2020 because of the global pandemic. The pandemic forced the government to shift priorities as supply chains and revenue streams dwindled," Apeksha Kaushik, senior principal research analyst at Gartner, said.
Spending on all IT segments is expected to return to growth in 2021, with enterprise software leading the chart recording an 8.8 percent growth.
The Gartner 2019 Digital Workplace Survey found that India is the most digitally dexterous country in the world - followed by the UK and the US, due to having the largest Gen Z workforce along with the desire to learn new skills using digital technologies in the workplace.
US-based research and advisory firm Gartner has revoked job offers of many students of Indian Institutes of Management (IIMs). IIM Calcutta and IIM Ahmedabad have confirmed the revocations.
The India server market saw an increase in demand of unit shipments in the fourth quarter of 2019 by 14.7 percent, but the revenues declined by 13.2 percent year over year.
But they are on track to reach 1.57 billion units in 2020, an increase of three per cent year over year, the research and advisory company said.
"The role of manager will see a complete overhaul in the next four years," said Helen Poitevin, research vice- president at Gartner, in a statement.
"The PC market experienced growth for the first time since 2011, driven by vibrant business demand for Windows 10 upgrades, particularly in the US, EMEA ( Europe, the Middle East, and Africa) and Japan," Gartner senior principal analyst Mikako Kitagawa said.
"At this point, cloud adoption is mainstream," Sid Nag, research vice-president at Gartner, said in a statement.
The M30s is powered by the all-new Exynos 9611 processor and will be loved by multi-taskers and gamers.
CEOs, CIOs and other executives must collaborate on new rules to protect individuals and groups.
Third parties are working with an increasing number of their own third parties.