spending

IT Spending Could Top $5Bn in 2024

After a lacklustre growth in 2023, global IT spends were expected to revive during 2024. However, just three months into…

Gartner: AI to drive 10% jump in spending on data center systems

Global IT spending is forecast to hit $5.06 trillion in 2024, an increase of 8% from 2023, according to new data…

AI drives spending on cloud infrastructure, IDC reports

The high demand among hyperscalers and major service providers also skewed the data towards the public cloud side of the…