IDC FutureScape: The AI Pivot Towards Becoming an AI-Fueled Business
October 21, 2024 | IDCEstimated reading time: 1 minute
According to a recent research from International Data Corporation (IDC) entitled The Global Impact of Arti f icial Intelligence on the Economy and Jobs, AI will have a cumulative global economic impact of $19.9 trillion through 2030 and will drive 3.5% global GDP in 2030. Brought about by continued business spending on artificial intelligence (AI) adoption, use of AI in existing business operations and in the delivery of better products and services to customers, this highlights the huge potential of AI in transforming businesses, reshaping industries, creating new markets, and altering the competitive landscape.
Achieving this level of economic impact will require a pivot in AI investments from GenAI experimentation and siloed AI projects to truly expand AI adoption. IDC predicts that 2025-2026 will be the AI pivot years following the GenAI scramble in 2023-2024 which witnessed a lot of AI use case experimentations. A pivot to effectively setting priorities, making decisions and addressing barriers to success, and in planning and building for scale towards the acceleration of AI-fueled businesses by 2027 and beyond.
Be the first to hear IDC’s 2025-2029 tech predictions on how organizations can execute this AI pivot and accelerate their AI-fueled business journey at IDC FutureScape. Taking place on 8 November 2024 at the Singapore Marriott Tang Plaza Hotel, IDC analysts will talk about the opportunities and challenges with moving from experimentation to adoption, IT and AI spending forecast for 2027-2029, and increasing sales in the AI market race. Most importantly, they will share buyer insights on critical building blocks in setting up the foundation for an AI-fueled business which includes an AI-fueled operational plan unifying strategy, governance, and workforce development, as well as an AI-ready technology operating model for applications, AI platforms, data, and infrastructure. Join other technology leaders from across industries in plenary sessions, as well as C-suite roundtable discussions (by-invitation only), and in complimentary one-on-one sessions with IDC analysts (limited slots, by appointment only).
Testimonial
"We’re proud to call I-Connect007 a trusted partner. Their innovative approach and industry insight made our podcast collaboration a success by connecting us with the right audience and delivering real results."
Julia McCaffrey - NCAB GroupSuggested Items
Federal Electronics Mexico Boosts Speed and Flexibility with New Mycronic A40DX Pick-and-Place
07/23/2025 | Federal ElectronicsFederal Electronics, a leader in providing advanced electronic manufacturing services, has announced a major upgrade at its Hermosillo, Mexico facility with the installation of a Mycronic MYPro A40DX Pick-and-Place system, advancing its surface mount assembly capabilities for high-reliability electronics manufacturing.
DuPont Publishes 2025 Sustainability Report
07/22/2025 | PRNewswireDuPont published its 2025 Sustainability Report detailing the progress made toward achieving its 2030 Sustainability Goals.
NEOTech’s Westborough Facility Achieves AS9100 Surveillance Audit, Reinforcing Trust with Aerospace & Defense Customers
07/22/2025 | NEOTechNEOTech, a premier provider of electronic manufacturing services (EMS), integrated design engineering, and advanced supply chain solutions for the aerospace and defense, medical device, and high-tech industrial markets, proudly announces that its Westborough, Massachusetts facility has successfully completed the rigorous AS9100 Bi-Annual Surveillance Audit with zero findings, a testament to the company’s unwavering commitment to quality, security, and operational excellence.
PCBAA Wins Summit Silver Award from the American Society of Association Executives
07/18/2025 | PCBAAPCBAA was one of 38 associations that earned Silver Awards for outstanding contributions for an entry titled: Chips Don’t Float: More Printed Circuit Boards Must be Made in America.
INSPECTIS AB ‘Makes it a Meal’ with Series U50s Advanced Kit
07/18/2025 | INSPECTIS ABFamous chefs the world over maintain that an entrée doesn’t make a great meal without side dishes. At INSPECTIS, we call those ‘sides’ an Advanced Kit.