15.6 C
New York
June 16, 2025
Worship Media
Technology

Generative AI will drive a foundational shift for companies — IDC

Over the next two years, generative artificial intelligence (genAI) will force organizations to address a myriad of fast-evolving issues, from data security to tech review boards, new services, and — most importantly — upskilling employees.

By 2027, AI will represent 29% of organizational spend, according to IDC President  Crawford Del Prete, who spoke Thursday at the IDC Directions conference in Boston.

This year alone, the average enterprise will spend $28 million dollars on genAI initiatives, based on data from a February IDC survey. In all, organizations will spend $150 billion on genAI tech initiatives by 2027, with a total economic impact of  $11 trillion, according to IDC.

To read this article in full, please click here

Click Here to Visit Orignal Source of Article https://www.computerworld.com/article/3714167/how-generative-ai-will-drive-a-foundational-shift-in-your-company.html#tk.rss_all

Related posts

Apple sets a security challenge for 2023

ComputerWorld

Senate hearings see a clear and present danger from AI — and opportunities

ComputerWorld

Get ready for the ‘Great Shutdown’

ComputerWorld

This website uses cookies to improve your experience. We'll assume you're ok with this, but you can opt-out if you wish. Accept Read More

Privacy & Cookies Policy