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AI-related security fears drive 2024 IT spending
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Worldwide IT spending is projected to total $5.1 trillion in 2024, an increase of 8% from 2023, according to Gartner. 2024 set to see strong public cloud spending growth While generative AI has not yet had a material impact on IT spending, investment in AI more broadly is supporting overall IT spending growth. “In 2023 and 2024, very little IT spending will be tied to GenAI,” said John-David Lovelock, VP Analyst at Gartner. “However, organizations … More
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