By now it is obvious that artificial intelligence has pushed every other information technology buzzword off “top of mind” status. The IDC FutureScape: Worldwide IT Industry 2024 Predictions, for example, were squarely organized around AI, which garnered nine of the top 10 2024 IT predictions.
In fact, the top nine items were AI-related. Satellite internet connectivity was the sole item not related to AI.
IDC expects the shift in IT spending toward AI will be fast and dramatic, impacting nearly every industry and application. By 2025, Global 2000 (G2000) organizations will allocate over 40 percent of their core IT spend to AI-related initiatives, IDC said.
For the IT industry, AI will replace cloud as the lead motivator of innovation.
As always has been predicted, winners will be those with access to huge amounts of data.
By 2025, 40 percent of services engagements will include GenAI-enabled delivery, impacting everything from contract negotiations to IT Ops to risk assessment.
Report | Firm | Key findings |
AI in the Enterprise: The Next Frontier | Gartner | AI will drive IT industry priorities in 2024, with a focus on automation, personalization, and decision intelligence. |
AI Trends 2024 | IDC | AI will become more pervasive in IT in 2024, with a focus on developing and deploying AI-powered applications and services. |
The Future of AI in IT | McKinsey & Company | AI will have a major impact on IT in 2024, with a focus on improving efficiency, productivity, and innovation. |
AI for IT Operations | Forrester Research | AI will be used to automate and optimize IT operations in 2024, leading to reduced costs and improved performance. |
The AI Imperative for IT | Deloitte | IT organizations need to embrace AI in 2024 in order to remain competitive and meet the demands of the digital age. |
Top 10 Strategic Technology Trends for 2024 | Gartner | Democratized generative AI is one of the top 10 strategic technology trends for 2024. Generative AI is becoming more accessible and affordable, and it is driving innovation in a wide range of industries. |
Predictions 2024: The AI Era Accelerates |
Forrester | AI is accelerating the digital transformation of businesses in all industries. By 2024, AI will be a core part of every business's IT strategy. |
Technology Trends Outlook 2023 | McKinsey | AI is one of the most important technology trends of our time. AI is already having a major impact on the IT industry, and its impact is only going to grow in the coming years. |
Technology Vision 2023 | Accenture | AI is one of the five key technology trends that will shape the future of business. AI is driving innovation in a wide range of areas, including customer experience, product development, and operations. |
FutureScape: Worldwide IT Industry Predictions 2024 | IDC | AI is one of the top 10 IT trends for 2024. AI is transforming the way businesses operate and deliver value to their customers. |
Gartner's Hype Cycle for Emerging Technologies, 2023 | Gartner | Artificial general intelligence (AGI) and generative AI are two of the top five emerging technologies in 2023, with AGI expected to reach the Plateau of Productivity in 2028 and generative AI expected to reach the Plateau of Productivity in 2026. |
Forrester's Predictions 2024 | Forrester | Forrester predicts that by 2024, 80% of new enterprise applications will be AI-enabled. |
McKinsey's Technology Trends Outlook 2023 | McKinsey | McKinsey predicts that AI will generate $13 trillion in global economic activity by 2030. |
Accenture's Technology Vision 2023 | Accenture | Accenture predicts that by 2025, 98% of global executives will believe that AI models play an important role in their organizations. |
IDC's FutureScape: Worldwide AI Predictions 2023-2027 | IDC | IDC predicts that by 2027, global spending on AI will reach $845.8 billion. |
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