Summary: - IT service industry spending will reach $2 trillion - Averaging 4.6% annual growth - 44% of their revenues come from financial services, mfg - Infrastructure-as-a-service (IaaS) going from 8% in 2022 to 15% in 2028 - In the US, 57% of the jobs lost to automation in PSA will come from genAI - 84% of AI decision-makers said their executives are ready to adopt AI https://lnkd.in/dFY4BGQS
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IT spending worldwide is expected to hit $2 trillion by 2028, growing at 4.5% each year. Asia Pacific will lead the way with even faster growth of 6%. Cloud (IaaS) will see the most rapid growth and double its market size in 5 years. Despite the growth in IT Spending, companies will focus on saving costs (headcount reductions) and increasing efficiency (GenAI adoption). #techspend #genai
Global IT sector spending to reach $2tn: Forrester | Bengaluru News - Times of India
timesofindia.indiatimes.com
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"𝐓𝐫𝐚𝐧𝐬𝐟𝐨𝐫𝐦𝐢𝐧𝐠 𝐃𝐚𝐭𝐚 𝐢𝐧𝐭𝐨 𝐀𝐜𝐭𝐢𝐨𝐧𝐚𝐛𝐥𝐞 𝐊𝐧𝐨𝐰𝐥𝐞𝐝𝐠𝐞. 🚀🔍" | IndustryARC™ The Insight as a Service (IaaS) market is expected to grow from $4.10 billion in 2023 to $21.60 billion by 2030, at a compound annual growth rate (CAGR) of 31%. 𝐅𝐨𝐫 𝐌𝐨𝐫𝐞: https://lnkd.in/gPHfrEhe The Insight as a Service (IaaS) application market is revolutionizing how organizations leverage data by offering on-demand, cloud-based insights and analytics without the need for complex infrastructure or in-house expertise. IaaS platforms provide businesses with actionable intelligence derived from large datasets, enabling data-driven decision-making across industries like retail, finance, healthcare, and manufacturing. These solutions combine advanced analytics, machine learning, and artificial intelligence to turn raw data into meaningful insights that can improve operational efficiency, enhance customer experiences, and drive innovation. Key features of IaaS include real-time data analysis, predictive analytics, and customizable reporting, all accessible via user-friendly interfaces. By outsourcing insight generation, companies can tap into the power of big data and analytics without the upfront costs of building or maintaining in-house analytics capabilities. This is particularly valuable for small and medium-sized enterprises (SMEs) that need data intelligence but lack the resources for extensive data science teams. 𝐃𝐨𝐰𝐧𝐥𝐨𝐚𝐝 𝐒𝐚𝐦𝐩𝐥𝐞 𝐏𝐚𝐠𝐞𝐬 𝐍𝐨𝐰: 👉 https://lnkd.in/g7MpFZQf The growing importance of big data, cloud adoption, and the increasing need for faster, more accurate business decisions are propelling the IaaS market. Furthermore, as AI and machine learning technologies continue to evolve, IaaS applications are becoming more sophisticated, offering deeper insights into customer behavior, market trends, and operational performance. The IaaS market is poised for rapid growth, providing businesses with a scalable, cost-effective way to unlock the full potential of their data. 𝐓𝐨𝐩 𝐊𝐞𝐲 𝐏𝐥𝐚𝐲𝐞𝐫𝐬: Rogers Corporation | TIM Brasil | O2 (Telefónica UK) | Chunghwa Telecom | O2 (Telefónica UK) | 3M | KPN | Claro Brasil | China Unicom Europe | SFR | Tella | Singtel | KT | EE | Bouygues Construction Telecom | Taiwan Mobile | MTN | BT Group #InsightAsAService #DataDrivenDecisions #CloudAnalytics #BigData #BusinessIntelligence #AIAnalytics #PredictiveAnalytics #DataScience #DataInsights #RealTimeAnalytics #MachineLearning #SmartData #AnalyticsInTheCloud #DataIntelligence #IaaS #DataInnovation #CloudSolutions #ActionableInsights #DigitalTransformation #BusinessGrowth
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NTT DATA and Google Cloud join forces to accelerate data analytics and generative AI adoption! This expanded partnership will deliver industry-specific solutions and customised implementation expertise to businesses worldwide. Learn more about how this collaboration will empower organisations to harness the power of data and AI. 💯 #DataAnalytics #GenerativeAI #Partnership #GoogleCloud
NTT DATA & Google Cloud expand partnership to drive data analytics & Gen AI adoption
services.global.ntt
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I'm thrilled by the latest IDC report revealing a surge in the services market, driven by increased IT spending and the growing adoption of AI and cloud computing. The report sheds light on a compelling trend: in Q1 2024, 15% of large services deals involved AI, showcasing the rising demand for AI-driven services to optimize IT operations and unlock new business opportunities. Being a part of Charter Global, I am fortunate to be in a position to assist businesses in navigating this shift. Our wide range of services integrates cutting-edge AI technologies to enhance processes, acquire valuable customer insights, and automate tasks. This results in tangible benefits for our clients, including increased efficiency, cost reduction, and enhanced decision-making capabilities. If you're not yet leveraging AI to elevate your IT operations and gain a competitive edge, you might be lagging behind. Reach out, and I'll facilitate a discussion with one of my team members to explore how our services can support your business. Read more about the growth of global managed services in 2024 and the rise in enterprise IT spending. https://lnkd.in/enf94Rig #ManagedServices #AI #CloudComputing #ITOperations #BusinessGrowth
Global managed services to grow in 2024 as enterprise IT spending rises
cio.com
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#TechnologyReply is a winner in the 2024 Oracle Partner Awards – Cloud/Technology Europe South Innovation which highlights partners that produced thought-leadership-level solutions that empower Oracle customers to meet their business goals and challenges. https://lnkd.in/duZ4rW6Z #TechNews #StayInformed #StayAhead #dailydose #followus #staytuned #stayconnected #technews #technology #trending #trendingnow #trendingnews #explore #explorepage #techdogs
Technology Reply Wins The 2024 Oracle Partner Awards
techdogs.com
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Oracle Introduces New AI Agents to Enhance Business Operations In a significant move aimed at revolutionizing daily business processes, Oracle has unveiled its new Oracle Cloud Infrastructure (OCI) Generative AI (GenAI) Agents. These innovative agents incorporate retrieval-augmented generation (RAG) c... https://lnkd.in/dn48z3Z9 #RETAIL #DOORDASH_ORACLENETSUITE_DIGITALMARKETING_ECOMMERCE_BUSINESSGROWTH #E_COMMERCE #BUSINESS_TECHNOLOGY #DIGITAL_MARKETING
Oracle Introduces New AI Agents to Enhance Business Operations
https://crocommander.com
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Our latest blog post takes a look at the expanded relationship between NTT DATA and Google Cloud to accelerate cloud-based data analytics and generative AI solutions across Asia Pacific - the latest in an aggressive partnership ramp by NTT Data across the CSP landscape. The enhanced collaboration brings NTT DATA's industry expertise together with Google Cloud’s capabilities in AI and data analytics to develop customized, sector-specific solutions for industries including healthcare, finance, manufacturing, and more. Our quick take on the news & what it means is at the link. https://lnkd.in/e_aTTDFA
Quick Take: NTT DATA and Google Cloud Expand Strategic Partnership in APAC
https://nand-research.com
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Globe Telecom, a leading digital solutions provider in the Philippines, has chosen Amdocs' AI and #Data Platform to accelerate its digital transformation. Hosted on Google Cloud, this unified platform will provide Globe with real-time business insights and enhanced customer experiences. By embedding data-driven decision-making, Globe can streamline operations, reduce complexity, and lower costs. Raul Macatangay, Globe CIO, highlighted the significant step forward in their digital journey and said, "This collaboration will empower us to deliver enhanced, personalized services to our customers while streamlining our operations." Anthony Goonetilleke, Group President of Technology and Head of Strategy at Amdocs notes: "Our AI and Data platform, which incorporates a TM Forum-certified leading telecom data model, has excellent analytical capabilities that will provide Globe with operational efficiencies and insights needed to enhance customer experiences and drive revenue growth." Discover more in the full PR > https://lnkd.in/dF7rFRXg Learn more about Amdocs' AI and Data Platform: https://lnkd.in/d5fvisQT #Amdocs #Globe #DigitalTransformation #AI #DataDriven #CustomerExperience
Globe Accelerates Digital Transformation with Amdocs’ AI and Data Platform
amdocs.com
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NTT DATA a global leader in digital business and IT services, today announced the #expansion of its strategic #partnership with Google Cloud to accelerate the adoption of cloud-based data analytics and #generativeAI solutions for customers across key markets in #Asia Pacific. By combining NTT DATA’s technology and industry expertise and client base of large enterprises with Google Cloud’s best-in-class #dataanalytics, #AI and #cloud capabilities, the partnership will #empower #enterprises to spearhead #innovation, enhance operational efficiency and agility and propel their #business. John Lombard Karan Bajwa Charlie Li Yutaka Sasaki Abhijit Dubey Dilip Kumar C Tanvir Khan Kiran Bhagwanani To share your startup story write us on - [email protected] #GoogleCloud #NTTDATA
NTT DATA and Google Cloud Expand Strategic Partnership to Accelerate Data Analytics and GenAI Adoption for APAC Enterprises
https://startuprise.org
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