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Expenditure on data centers will increase significantly this year, by over 42%. Simultaneously, IT services will continue to be the largest sector, with an estimated value of around $1.7 trillion.
According to Gartner Vice President John-David Lovelock, although companies are experiencing a slowdown in new spending because of a significant rise in global uncertainty, this impact is balanced by continuing digitalization efforts in AI and generative AI (GenAI). For instance, expenditure on software and services is anticipated to decelerate in 2025 because of this uncertainty, yet spending on AI-related infrastructure, like data center systems, keeps rising, he clarified.
A survey by Gartner revealed that 62% of participants indicated AI as a factor for competitiveness in the coming decade. According to surveyed executives, the most substantial risks to business are economic (41%) and geopolitical (32%) shocks.
source: marketwatch.com
According to Gartner Vice President John-David Lovelock, although companies are experiencing a slowdown in new spending because of a significant rise in global uncertainty, this impact is balanced by continuing digitalization efforts in AI and generative AI (GenAI). For instance, expenditure on software and services is anticipated to decelerate in 2025 because of this uncertainty, yet spending on AI-related infrastructure, like data center systems, keeps rising, he clarified.
A survey by Gartner revealed that 62% of participants indicated AI as a factor for competitiveness in the coming decade. According to surveyed executives, the most substantial risks to business are economic (41%) and geopolitical (32%) shocks.
source: marketwatch.com