In this week’s episode of Breaking Analysis, theCUBE Research Chief Analyst Dave Vellante explores the current state of AI adoption and its impact on IT spending. AI leads all sectors in spending momentum, yet has not significantly boosted productivity or revenue for enterprises.
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While IT spending is gradually improving, it remains constrained with a slight uptick to 3.7% expected growth in 2024. Key AI use cases include code generation, customer support and text summarization, but overall ROI remains limited due to barriers such as privacy concerns and budget constraints.
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Future high-value AI projects, particularly domain-specific small language models, are anticipated to take longer to yield significant returns, with economic factors such as inflation and election uncertainties further influencing IT spending trends.
Read the full article siliconangle.c...
Be sure to follow Dave's weekly Breaking Analysis podcast as well, for the deep data dives on enterprise computing trends, from spending patterns to Wall Street implications.
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17 авг 2024
