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Worldwide Smartphone Market Forecast to Grow Nearly 6% in 2024

08/28/2024 | IDC
Worldwide smartphone shipments are forecast to grow 5.8% year over year in 2024 to 1.23 billion units, according to the International Data Corporation (IDC) Worldwide Quarterly Mobile Phone Tracker.

Worldwide Spending on Artificial Intelligence Forecast to Reach $632 Billion in 2028

08/21/2024 | IDC
Worldwide spending on artificial intelligence (AI), including AI-enabled applications, infrastructure, and related IT and business services, will more than double by 2028 when it is expected to reach $632 billion, according to a new forecast from the International Data Corporation (IDC) Worldwide AI and Generative AI Spending Guide.

Gartner Predicts 30% of Generative AI Projects Will Be Abandoned After Proof of Concept By End of 2025

07/29/2024 | Gartner, Inc.
At least 30% of generative AI (GenAI) projects will be abandoned after proof of concept by the end of 2025, due to poor data quality, inadequate risk controls, escalating costs or unclear business value, according to Gartner, Inc.

From Athletes to GenAI Developers: Intel Tackles Real-World Challenges with AI Systems

07/19/2024 | BUSINESS WIRE
Intel shares exciting details on its collaboration with the International Olympic Committee (IOC) and on an industry-driven generative AI (GenAI) retrieval-augmented generation (RAG) solution.

IDC Survey Identifies Three Areas Where GenAI is Expected to Have the Most Impact on an Organization's Competitive Position or Business Models

07/03/2024 | IDC
A recent survey of technology buyers worldwide found that technology decision making, financial and operational systems, and customer engagement, experience, and support are the three business areas where generative artificial intelligence (GenAI) is most likely to impact their organization's future competitive position or business model.
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