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South Korea’s sudden political upheaval has raised fresh concerns for its economy and global supply chains, with analysts warning of potential disruptions to its critical technology exports. of the global memory semiconductor market, with a DRAM market share of 70.5% It accounts for 60.5% and a NAND market share of 52.6%.
The program, known as Project Transcendence, marks a significant push by the Kingdom to develop a robust AI ecosystem that can rival leading tech hubs, including neighbouring United Arab Emirates and other global technology centers. In recent years, the Kingdom has set up research centers, ministries, and educational programs focused on AI.
Building on that perspective, this article describes examples of AI regulations in the rest of the world and provides a summary on global AI regulation trends. The complexity of varying global AI regulations is challenging for CIOs. An earlier article described emerging AI regulations for the U.S. and Europe. and countries of the EU.
As the chief research officer at IDC, I lead a global team of analysts who develop research and provide advice to help our clients navigate the technology landscape. Our research indicates a scramble to identify and experiment with use cases in most business functions within an enterprise.
In our 24-criterion evaluation of B2B marketing data providers, we identified the 11 most significant vendors — Data Axle, Dun & Bradstreet, Enlyft, Global Database, InsideView, Leadspace, Oracle, SMARTe, Spiceworks Ziff Davis, TechTarget, and ZoomInfo Technologies — and researched, analyzed, and scored them.
To help raise funding for research through the Breast Cancer Research Foundation (BCRF), Smith started Tech Day of Pink at Estée Lauder, announcing that he would donate a set amount to BCRF for every selfie an IT team member posted with the Tech Day of Pink hashtag. The impact of this research is wide ranging — in 2022 there were 2.3
We leverage data to increase the pace of evaluating the clinical information necessary to underwrite on behalf of our partners, and continuous research into new and novel approaches to applying data to our business processes. Our data capability finds global commonality across all our regional solutions.
GenAI is a megatrend that rivals the evolution of the internet itself and it is set to transform global enterprises and entire industries. NTT DATAs landmark Global GenAI Report underscores how the technology is gaining momentum. There is no going back. The report identifies that most CEOs view GenAI as transformational.
Research firm IDC projects worldwide spending on technology to support AI strategies will reach $337 billion in 2025 — and more than double to $749 billion by 2028. Stephen Crowley, senior advisor for S&L Ventures and former CIO of global technology solutions at Covetrus, still sees that future as a little way off.
Thats why, in 2025, the top priority for tech leaders should be ensuring that AI technology investments are strategically aligned to deliver measurable commercial outcomes while also addressing rapidly evolving customer needs, says Bill Pappas, MetLifes head of global technology and operations.
The countrys initiatives focused on empowering women in technology, education, and innovation are beginning to pay off, as more female AI engineers and researchers emerge. These efforts are not just transforming the landscape of AI in the UAE, but they are also influencing global trends in tech, making women a driving force in AIs future.
The global market for managed services will rise in 2024 due to organizations’ IT spending surge and larger investments in managed services deals involving AI and cloud computing, according to market intelligence firm IDC. The research firm predicted that managed services deal size in 2024 will be larger than that of 2023.
Since its inception in 2019, the Tencent Global Digital Ecosystem Conference has been showcasing Tencent’s latest technology advances, products, and solutions, and inspiring enterprises worldwide. Its sixth edition was recently held in Shenzhen from September 5-6 under the theme Intelligence Brings Opportunities, Cloud Boosts Growth.
Theres also a separate research project thats looking at 50-year-old mainframe code, and using AI to extract the business logic and rewrite it for a cloud-native framework, he says. Take Avantia, for example, a global law firm, which uses both commercial and open source gen AI to power its agents.
From nimble start-ups to global powerhouses, businesses are hailing AI as the next frontier of digital transformation. research firm Vanson Bourne to survey 650 global IT, DevOps, and Platform Engineering decision-makers on their enterprise AI strategy. Nutanix commissioned U.K.
Artificial Intelligence continues to dominate this week’s Gartner IT Symposium/Xpo, as well as the research firm’s annual predictions list. “It It is clear that no matter where we go, we cannot avoid the impact of AI,” Daryl Plummer, distinguished vice president analyst, chief of research and Gartner Fellow told attendees. “AI
“By expanding the availability of our software portfolio in AWS Marketplace, organizations around the world will have greater access to a streamlined way to procure many IBM AI and hybrid cloud offerings to help propel their business forward,” Nick Otto, Head of Global Strategic Partnerships at IBM, said in the statement.
“Both KLA Corporation and Applied Materials have committed to major expansions of their Singapore manufacturing facilities, while LAM Research has built out its largest manufacturing site in Malaysia,” Allen wrote.
In a global economy where innovators increasingly win big, too many enterprises are stymied by legacy application systems. As a consequence, these businesses experience increased operational costs and find it difficult to scale or integrate modern technologies.
Deep analytics Aaron Cirksena, founder and CEO of MDRN Capital, said the real value for Morgan Stanley in this move is getting into deep global analytics insights, building on the hoped-for data consistency through one centralized offering. “It That Morgan Stanley source was hesitant when asked about the global analytics goal.
This strategic collaboration aligns with the UAE’s Vision 2031, which aims to integrate AI and other cutting-edge technologies across various sectors, enhancing the nation’s digital infrastructure, promoting innovation, and positioning the UAE as a global leader in AI-driven solutions.
Vision 2030 aims to foster a knowledge-based economy and establish Saudi Arabia as a global leader in technology and innovation. As Saudi Arabia continues to invest in infrastructure, education, and research, the deep tech startup ecosystem is expected to grow even more robust in the coming years.
Learn more about IDCs research for technology leaders OR subscribe today to receive industry-leading research directly to your inbox. International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the technology markets. Contact us today to learn more.
An attempt to manage AI The launch comes as enterprises and regulators globally grapple with how best to manage AI, particularly around concerns like private data usage. A public consultation launched alongside the tool will collect industry feedback to enhance its effectiveness.
When addressed properly , application and platform modernization drives immense value and positions organizations ahead of their competition, says Anindeep Kar, a consultant with technology research and advisory firm ISG. Thorogood reports that his organization’s recent research shows that it takes 7.2
Learn more about IDC’s research for technology leaders OR subscribe today to receive industry-leading research directly to your inbox. International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the technology markets. Contact us today to learn more.
Globally, the professional services market, including legal, engineering, and consulting services, is expected to reach $6.5 trillion in 2024, according to The Business Research Company. The number of potential customers for Acumatica’s new functionality — or similar products from competitors — is huge.
What were seeing is in line with much of the research, including what IDC has published in relation to the costs about compute, cooling and sustainability. He oversees the resources and capabilities of the global IT team and ensures that the organization maintains a robust and optimized IT environment. Avnet named him CIO in 2019.
At Google’s parent company, she worked with moonshot companies such as Waymo, Wing, and X, to shape sustainable businesses and global impact. In many cases, IT leaders and companies have focused on innovation, including benefits to users and customers , but they should think more broadly about global impacts, she says. “In
According to Forrester , the global digital economy will reach $16.5 trillion and capture 17% of global GDP by 2028. Similarly, PWC projects that with the broader spillover effect of technology, the digital economy can reach up to 25% of GDP globally. This is something that Huawei has been focused on for some time.
GenAI is a megatrend that rivals the evolution of the internet itself and it is set to transform global enterprises and entire industries. NTT DATAs landmark Global GenAI Report underscores how the technology is gaining momentum. There is no going back. The report identifies that most CEOs view GenAI as transformational.
We are fully funded by the Singapore government with the mission to accelerate AI adoption in industry, groom local AI talent, conduct top-notch AI research and put Singapore on the world map as an AI powerhouse. This approach has the potential to massively scale AI talent development, not just in Singapore but globally.
Give up on using traditional IT for AI The ultimate goal is to have AI-ready data, which means quality and consistent data with the right structures optimized to be effectively used in AI models and to produce the desired outcomes for a given application, says Beatriz Sanz Siz, global AI sector leader at EY.
Paul Beswick, CIO of Marsh McLennan, served as a general strategy consultant for most of his 23 years at the firm but was tapped in 2019 to relaunch the risk, insurance, and consulting services powerhouse’s global digital practice. With Databricks, the firm has also begun its journey into generative AI.
Enter Akeneo, a global leader in Product Experience Management (PXM) and AI tech stack solutions. According to Retail Doctor Groups latest research , Australian retailers demonstrate a sophisticated understanding of AI applications, particularly in personalisation, demand forecasting, and supply chain optimisation.
Paul Beswick, CIO of Marsh McLellan, served as a general strategy consultant for most of his 23 years at the firm but was tapped in 2019 to relaunch the risk, insurance, and consulting services powerhouse’s global digital practice. With Databricks, the firm has also begun its journey into generative AI.
The launch by SAP of new AI capabilities in its SuccessFactors HCM (human capital management) suite Monday is a case of “better late to the party than never,” according to an analyst with Info-Tech Research Group. Skills is an overall organizational strategic challenge to tackle to stay competitive.
There is no single solution to success, but the research highlights some key plays UAE business leaders need to home in on to build a truly AI-driven enterprise. AI is clearly making its way across the enterprise, with 49% of respondents expecting that the use of AI will be pervasive across all sectors and business functions.
But some companies, particularly in the IT sector, now appear to be reevaluating their business models and will consider selling non-core lines of business and products to fund AI projects, says James Brundage, global and Americas technology sector leader at EY, an IT and tax advisory firm.
According to Fortune Business Insights approximately 67% of the global workforce has access to business intelligence (BI) tools, and 75% has access to data analytics software. GenAI technologies are advancing time-to-market through insights by automating traditionally manual processes in the research workflow.
The SkillsBuild platform and IBM’s partnership with HHF are part of IBM’s commitment to provide more than 30 million people of all ages globally with “new skills needed for the jobs of tomorrow” by the year 2030, says Claudia Cortes Romanelli, director of WW CSR geos and markets at IBM.
A PwC Global Risk Survey found that 75% of risk leaders claim that financial pressures limit their ability to invest in the advanced technology needed to assess and monitor risks. Risk is inescapable. Look around and youll see technological, economic, and competitive obstacles that CIOs must not only handle, but defeat.
These gangs operate globally: case in point, the Central Investigation Bureau (CIB) of Thailand issued a warning about call center gangs that are using AI to create deepfake videos, cloning faces and voices with alarming accuracy. Yet, most contact centers lack effective tools to differentiate between fraudsters and real customers.
Challenge: Consumers want to shop on their own terms Recent research shows that 77% of consumers today buy through a mix of digital and physical shopping, while just 17% buy only online or only in physical stores (IDC Retail Insights: Consumer Sentiment Survey, 2024 — Findings and Implications, July 2024). And they are making progress.
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