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).
Suggested Items
TRI Test Solutions at INNOELECTRO 2025
04/02/2025 | TRIAnytest will join INNOELECTRO 2025, held at BOK Sportcsarnok from April 8 – 10, 2025, to showcase TRI's Test Solution.
European Chips Skills Academy Launches ECS Summer School 2025 to Inspire Future Electronics Talent
04/01/2025 | JCN NewswireThe European Chips Skills Academy (ECSA), an EU-funded project coordinated by SEMI Europe, in collaboration with industry partners AENEAS, EPoSS, and INSIDE, has announced the launch of the ECS Summer School 2025.
Real Time with... IPC APEX EXPO 2025: Highlighting Global PCB Trends and Technologies with all4-PCB
04/01/2025 | Real Time with...IPC APEX EXPOAndy Shaughnessy and all4-PCB's Ralph Jacobo discuss global distribution trends in the PCB industry, focusing on new technologies in plasma etching and final inspection. Ralph highlights the importance of IC substrate buildup technology and partnerships in the market.
Do You Have X-ray Vision? SMT007 Magazine April Issue Is No Joke
04/01/2025 | I-Connect007 Editorial TeamAs component packaging continues to evolve, the capability of inspecting through components is crucial. Has X-ray’s time finally come in electronics manufacturing? Join us in this issue of SMT007 Magazine, where we answer this question—and others—to bring more efficiency to your bottom line.
IPC APEX EXPO 2025: We’ve Got It Covered
04/01/2025 | I-Connect007 Editorial TeamIPC APEX EXPO is the largest electronics manufacturing trade show in North America, bringing together professionals from all sectors of the supply chain to educate, network, and share their products and services. We’ve put all our coverage of the show in one easy-to-find location. Just click on “Videos,” “Show Coverage” and “Photos” to find what you’re looking for. Check back regularly as more content is added. You won’t want to miss any of our unique coverage.