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GenAI Spending to Reach $26 Billion by 2027

GenAI Spending to Reach $26 Billion by 2027

IDC's Worldwide AI and Generative AI Spending Guide reveals that the Asia/Pacific region is witnessing an unprecedented surge in Generative AI (GenAI) adoption, including software, services, and hardware for AI-centric systems with spending projected to soar to $26 billion by 2027, with a compound annual growth rate (CAGR) of 95.4 percent for the period 2022-2027.

Top Government Technology Trends for 2024

Top Government Technology Trends for 2024

Gartner identified the top five government technology trends for 2024 that can guide public sector leaders to deliver better, faster, and increasingly more cost-effective citizen services.