A long-term timeline of technology From the distant past, to our lifetime and into the distant future. Technology can change the world in ways that are unimaginable, until they happen. Switching on an electric light would have been uni... Big Data Digital Employees Digital Transformation Generative AI Nov 6, 2023
European SaaS back to 2019 levels with a GenAI boost Generative AI is fuelling European software-as-a-service (SaaS) and cloud services startups, according to the latest report published by VC firm Accel. The 2023 Euroscape report says that although inv... Generative AI Oct 28, 2023
Companies rapidly scaling generative AI investments Infosys research forecasts 67 per cent increase in GenAI investments, totalling $6 billion in US and Canada; enterprise leaders embrace pragmatic approach. According to new research from the Infosys K... Generative AI Oct 28, 2023
Efficient Growth a Priority as Leaders Invest in GenAI Authored by: Federico Fabbri , Clark O’Niell , Geoffrey Cheung , Ori Perlman , and Heiner Himmelreich For IT leaders, efficient growth is the name of the game. That’s the key takeaway from Boston Cons... Generative AI Oct 26, 2023
Business Insights: 5 ways to use SophoTree to research trending discussions in your industry Staying on top of the latest trends in your industry can help your company to stay ahead in its market. “Business research can help you determine what potential customers want, which can guide you tow... Digital Transformation Generative AI Oct 24, 2023
BLACKROCK: Intro to AI for curious investors With all eyes on generative AI (genAI) and its transformative potential, individual investors’ interest has been piqued. The market-moving innovation certainly has generated a lot of hype ― and questi... Generative AI Oct 22, 2023
IDC Forecasts Spending on GenAI Solutions Will Reach $143 Billion in 2027 with a Five-Year Compound Annual Growth Rate of 73.3% NEEDHAM, Mass., October 16, 2023 – A new forecast from International Data Corporation ( IDC ) shows that enterprises will invest nearly $16 billion worldwide on GenAI solutions in 2023. This spending,... Generative AI Oct 21, 2023
GenAI investments surge, anticipated to hit $143 billion by 2027 This spending, which includes GenAI software and related infrastructure hardware and IT/business services, is expected to reach $143 billion in 2027 with a compound annual growth rate (CAGR) of 73.3% ... Generative AI Oct 20, 2023
McKinsey: How corporate and investment banks are tackling gen AI Wholesale banks have vast expertise in traditional AI. It’s a sound investment that is paying off again as generative AI takes hold. “It sure is a hell of a lot easier to just be first.” That’s one of... Generative AI Oct 18, 2023
GenAI startups biggest driver of unicorns, says VC firm Accel STOCKHOLM, Oct 17 (Reuters) - Generative artificial intelligence (GenAI) companies have become the major driver of unicorns -- startups reaching $1 billion valuation -- with 60% of the new ones fallin... Generative AI Oct 17, 2023
US businesses plan to invest 67% more in GenAI in 2024: Infosys Research Companies are speedily ramping up investments in generative AI and realising rapid returns, according to research from Infosys Knowledge Institute (IKI), which forecast that companies will hike GenAI ... Generative AI Oct 16, 2023
How spending on GenAI beats all other IT investments The explosive adoption of generative artificial intelligence means that enterprises will invest nearly $16 billion worldwide on GenAI solutions in 2023. This spending is expected to reach $143 billion... Generative AI Oct 14, 2023
