Worldwide spending on AI solutions will grow to more than USD 500 billion in 2027, according to the IDC FutureScape report by International Data Corporation (IDC). This is due to heightened investments toward AI implementation and adoption of AI-enhanced products/services.
"Every IT provider will incorporate AI into the core of their business, investing treasure, brain power, and time," said Rick Villars, group vice president, Worldwide Research at IDC.Â
Worldwide IT industry predictions:
Included in IDC's top ten worldwide IT industry predictions are the following:
1. Core IT Shift: Global 2000 (G2000) organisations will allocate over 40% of their core IT spending to AI-related initiatives by 2025.
2. IT Industry AI Pivot: AI will replace the cloud as the lead motivator of innovation.
3. Infrastructure Turbulence: There will be uncertainty about silicon supply, and shortcomings in networking, facilities, model confidence, and AI skills.
4. Great Data Grab: Service providers will largely invest in additional data assets.
5. IT Skills Mismatch: Underfunded skilling initiatives will prevent 65% of enterprises from achieving full value from tech investments by 2026.
6. Services Industry Transformation: By 2025, 40% of service engagements will include GenAI-enabled delivery, impacting everything from contract negotiations to IT Ops to risk assessment.
7. Unified Control: Navigating the maturation of control platforms will challenge IT teams.
8. Converged AI: Fully converged AI solutions will address new use cases and customer personas.
9. Locational Experience: Organisations will enhance their edge computing use cases with contextual experiences.
10. Digital High Frontier: 80% of enterprises will integrate LEO satellite connectivity by 2028.