AI spending to reach $632 billion in the next 5 years, research finds
Briefly

from ZDNET3 weeks ago
The widespread adoption of AI technologies across industries is accelerating, but many organizations face challenges in implementing AI effectively, leading to failures and costly outcomes.
ZDNEThttps://www.zdnet.com/article/ai-spending-to-reach-632-billion-in-the-next-5-years-research-finds/#ftag=COS-05-10aaa0j
According to IDC, global AI spending will exceed $632 billion by 2028, increasing at an annual rate of 29%, and becoming standard in 27 industries.
ZDNEThttps://www.zdnet.com/article/ai-spending-to-reach-632-billion-in-the-next-5-years-research-finds/#ftag=COS-05-10aaa0j
Ritu Jyoti from IDC emphasizes that AI transforms organizations by enhancing employee experience and customer engagement, suggesting significant benefits from effective AI strategies.
ZDNEThttps://www.zdnet.com/article/ai-spending-to-reach-632-billion-in-the-next-5-years-research-finds/#ftag=COS-05-10aaa0j
Despite challenges in AI implementation, spending on AI continues to rise as firms realize the potential for tangible business outcomes and operational integration.
ZDNEThttps://www.zdnet.com/article/ai-spending-to-reach-632-billion-in-the-next-5-years-research-finds/#ftag=COS-05-10aaa0j
Read at ZDNET
#business-strategy #investment-trends #market-forecasts #technology-implementation
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