2024 is on the horizon, and according to Gartner, it’s poised to be a year of remarkable technological evolution. Their bold predictions offer a glimpse into a world where generative AI becomes democratized, “machine customers” become a reality, and IT spending reaches new heights, as reported by crn.
- Gartner predicts bold tech trends for 2024, including democratized generative AI and growth in “machine customers.”
- Worldwide IT spending is set to reach $5.14 trillion in 2024, driven by IT services and software, marking a significant annual growth rate.
- Generative AI (GenAI) is on the rise, democratizing AI with over 80% of enterprises expected to integrate GenAI by 2026.
A Vision for 2024 – Gartner’s Bold Predictions
Gartner, the renowned IT research firm, is painting an intriguing picture of the tech world in 2024. Their predictions encompass democratized generative AI, new horizons in artificial intelligence security management, growth in “machine customers,” and an augmented-connected workforce. As we approach this technology-driven future, it’s vital to explore what these predictions mean for businesses and IT leaders.
A Strategic Roadmap Amidst Uncertainties
In a rapidly changing world marked by technology disruptions and socioeconomic uncertainties, Bart Willemsen, Vice President and Analyst at Gartner, emphasizes the need for bold, strategic action. IT leaders hold a unique position in shaping a roadmap where technology investments not only drive success but also enhance resilience. This article delves into Gartner’s 10 identified strategic IT trends for 2024, offering insights into the tech landscape that will shape the year ahead.
Tech Spending on the Rise
A significant part of Gartner’s forecast for 2024 centers around global IT spending, with a projected figure of $5.14 trillion, up from $4.72 trillion in the previous year. This increase signifies an annual growth rate of nearly 4 percent, primarily driven by IT services, software, and communications services. As businesses prepare to embrace these trends, a closer look at their impacts and benefits becomes crucial for executives and IT decision-makers.
The Rise of Generative AI – GenAI
One of the standout trends is the democratization of generative AI, known as GenAI. Gartner predicts that GenAI is set to become accessible to a global workforce thanks to the convergence of massively pretrained models, cloud computing, and open source initiatives. By 2026, Gartner anticipates that over 80 percent of enterprises will have integrated GenAI APIs and models into their operations, marking a significant leap from the less than 5 percent recorded in early 2023. This transformation in AI has far-reaching implications for businesses across industries.
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Source:crn
