According to a recent forecast by Gartner, Inc., IT spending in Europe is expected to reach $1.1 trillion in 2024, representing a 9.3% increase from 2023. The region is on track to exceed the $1 trillion mark by the end of this year. John-David Lovelock, Distinguished VP Analyst at Gartner, stated that despite the complex economic situation, IT spending in Europe remains … [Read more...] about Gartner Predicts 9.3% Growth in European IT Spending for 2024, Surpassing $1 Trillion
AI Research & Forecasts
Search Volume to Drop 25% by 2026 Due to AI Agents, Predicts Gartner
Search engine volume is expected to fall by 25% over the next few years, according to a new prediction by research firm Gartner. The decline will be driven by the rise of AI-powered chatbots and virtual agents that provide direct answers to user questions. "Organic and paid search have been vital marketing channels, but generative AI solutions are replacing search queries that … [Read more...] about Search Volume to Drop 25% by 2026 Due to AI Agents, Predicts Gartner
GenAI job listings up 306%, survey shows
Recent data from AIPRM reveals several key insights into the current AI job market. Listings and salaries for AI roles are increasing rapidly, with AI job postings on Indeed up 306% and searches up nearly 4,000% over the past year. The analysis also identified the most in-demand AI skills, top paying AI jobs, and global AI hiring trends. Computer science was the most mentioned … [Read more...] about GenAI job listings up 306%, survey shows
OutSystems Predicts Generative AI and Low-Code Will Drive Business Innovation in Coming Year
Software leader OutSystems recently issued its 2024 outlook examining how generative artificial intelligence (AI) and low-code application development are positioned to evolve next year. The analysis provides key recommendations on how CIOs and other IT decision makers can optimize their innovation strategies. Central to the report is the prediction that combining low-code … [Read more...] about OutSystems Predicts Generative AI and Low-Code Will Drive Business Innovation in Coming Year
Generative AI Interest Skyrockets Over 3,500%, Signaling New Era of Technology
Interest in generative artificial intelligence (AI) tools like GPT has increased a staggering 3,600% over the past year, according to the 2024 Technology Trends report released today by O’Reilly Media. This unprecedented growth signals a paradigm shift towards a new era of technology focused heavily on natural language processing and generative models. The annual report … [Read more...] about Generative AI Interest Skyrockets Over 3,500%, Signaling New Era of Technology