target audience: TECH SUPPLIER  Publication date: Sep 2024 - Document type: Web Conference Proceeding: Tech Supplier - Doc  Document number: # US52551424

State of the Market: IT and AI Spending by Industry Update

By: 

  • Stephen Minton Loading
  • Jessica Goepfert Loading
  • Karen Massey Loading

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Abstract


This IDC Web Conference provides update on IT and AI spending by industry. IT spending expectations for 2024 have recently surged as a result of aggressive service provider investments in AI deployment. Against the backdrop of a stable global economy, end-user organizations are experimenting with generative AI solutions and integrating these new technologies with existing IT budgets and long-term digital transformation strategy. New use cases are emerging across key vertical industries, disrupting traditional IT spending, while leading to unanswered questions about the impact on employment and productivity.

In this webinar, IDC answers questions such as:

  • What is the latest outlook for IT and AI spending in the second half of 2024 and beyond, and how did the market perform in the first half of the year?
  • Which industries are moving fastest to adopt generative AI solutions, and what are the short-term opportunities for IT providers in key vertical markets?
  • Are we in an "AI bubble," and if so, what impact could this have on enterprise and service provider investment?


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