Electric Car Shipments to Total 17.9 Million Units in 2024. By 2027, BEV Prices to Reach Parity with ICE Vehicles of Similar Size and Configuration. By 2030, More Than Half of All Vehicle Models That an Automaker Markets Will Be Electric Vehicles. Nearly 15 million electric cars (battery electric and plug-in hybrid) are expected to […]
By 2027, AI Chips Revenue Is Forecast to More Than Double Semiconductors designed to execute artificial intelligence (AI) workloads will represent a $53.4 billion revenue opportunity for the semiconductor industry in 2023, an increase of 20.9% from 2022, according to the latest forecast from Gartner, Inc. “The developments in generative AI and the increasing use of a […]
Emergent AI Will Have a Profound Impact on Business and Society Generative artificial intelligence (AI) is positioned on the Peak of Inflated Expectations on the Gartner, Inc. Hype Cycle for Emerging Technologies, 2023, projected to reach transformational benefit within two to five years. Generative AI is encompassed within the broader theme of emergent AI, a key […]
Contact Center as a Service and Conversational AI and Virtual Assistant Segments Driving Growth Worldwide contact center (CC) and CC conversational AI and virtual assistant end-user spending is projected to total $18.6 billion in 2023, an increase of 16.2% from 2022, according to Gartner, Inc. “Near-term investment growth rates for CC and CC conversational AI […]
Gartner, Inc. today highlighted the top trends impacting the future of data science and machine learning (DSML) as the industry rapidly grows and evolves to meet the increasing significance of data in artificial intelligence (AI), particularly as the focus shifts towards generative AI investments. Peter Krensky, Director Analyst at Gartner said: “As machine learning adoption […]
Growth is the Top Strategic Business Priority for Half of CEOs Majority of CEOs Believe an Economic Downturn or Recession Will be Shallow and Short Inflation and Price Sensitivity Creating the Biggest Shifts in Customer Behavior A recent survey of CEOs and senior executives by Gartner, Inc. revealed that artificial intelligence (AI) was the top […]
By Avivah Litan, VP Analyst at Gartner As generative AI innovation continues at a breakneck pace, concerns around security and risk have become increasingly prominent. Some lawmakers have requested new rules and regulations for AI tools, while some technology and business leaders have suggested a pause on training of AI systems to assess their safety. Generative AI isn’t […]
Current Economic Uncertainty Driving Organizations to Invest in Agile IT Infrastructure Worldwide banking and investment services IT spending is forecast to total $652.1 billion in 2023, an increase of 8.1% from 2022, according to Gartner, Inc. Spending on software will see the largest growth with an increase of 13.5% in 2023. “Current economic headwinds have […]
Digital Workplace Leaders Can Implement Shared Applications and Practices to Drive Better Business Outcomes A recent survey by Gartner, Inc. found that 47% of digital workers struggle to find information or data needed to effectively perform their jobs. “Employees struggle to stay afloat as information and applications flood their digital workplace. Although digital workers are […]
