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Enterprise tech spending to hit $4.9 trillion in 2025, driven by AI, cloud, and cybersecurity – Computerworld
North America is projected to experience a 6.1% increase in tech spending, with AI investments in financial services, retail, and media leading the way. Businesses in the US and Canada are accelerating cloud migration and cybersecurity initiatives, positioning the region at the forefront of enterprise IT innovation. The Asia-Pacific region is forecasted to grow by 5.6%, with China, India, Japan,…
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GenAI Could Add €1.4 Trillion to the EU’s GDP by 2034
Generative AI could add between €1.2 and €1.4 trillion to the E.U.’s gross domestic product within a decade, the equivalent of 8% of growth a year, a new Google report claims. The gains would come from employee productivity increases, the free time created from automating tasks, and the re-employment of people who once handled those tasks. The report, The economic…
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