Gartner: LLM inference costs to drop 90% by 2030
Gartner Inc. projects that running inference on a large language model (LLM) with 1 trillion parameters will cost GenAI providers over 90% less by 2030 compared with 2025, driven by…
Gartner says 60% of brands will use agentic AI streamline customer service
By 2028, 60% of brands will use agentic AI, or artificial intelligence, to handle direct, one-to-one interactions with customers, according to Gartner Inc, a business and technology insights company. Gartner…
Gartner: Global IaaS market grows 22.5% in 2024 to $171.8 billion
The worldwide infrastructure as a service (IaaS) market grew 22.5% in 2024, reaching $171.8 billion, according to Gartner Inc., a research and consulting company. Amazon remained the top IaaS provider,…
Gartner: Semiconductor market reaches $626B in 2024, led by AI demand
The global semiconductor industry recorded $626 billion in revenue in 2024, an 18.1% increase from the previous year, according to research and consulting firm Gartner Inc. The market is projected…
Gartner: Finance leaders see GenAI as key tool for budget forecast
In a recent survey by research and consulting firm Gartner Inc., finance leaders identified generative AI (GenAI) as a significant tool for improving forecast and budget variance explanations. The survey…
Gartner: Organizations adjust data and analytics strategies due to AI impact
A recent survey by research and consulting firm Gartner revealed that 61% of organizations feel compelled to adapt or reconsider their data and analytics (D&A) operating models due to AI’s…
Zero Trust adoption is one of Gartner’s top cybersecurity predictions
As data becomes the new currency and organizations, as well as individuals, become more dependent online, managing cyber risk will be one of the business leaders top agenda for the…
Apple leads in global smartphone sales, says Gartner
Apple’s fourth-quarter sales helped it claim the top spot surpassing Samsung for the first time since 2016, according to the recent report by Gartner Inc., a global research and advisory…
Global public cloud revenue to grow 6.3% in 2020
According to industry analyst firm Gartner Inc., the worldwide public cloud services market is forecast to grow 6.3% in 2020 to total $257.9 billion, up from $242.7 billion in 2019.…
Survey: 55% of tech CEOs unprepared for economic cost of COVID-19
As of March 2020, 55% of tech CEOs had not begun preparing for an economic downturn, according to a recent survey by Gartner Inc. With technology companies globally now facing…
Gartner: Global IT spending to reach $3.9T in 2020
Worldwide IT spending is projected to total $3.9 trillion in 2020, an increase of 3.4% from 2019, according to the latest forecast by Gartner Inc. (Gartner) Global IT spending is…
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