article thumbnail

Global managed services to grow in 2024 as enterprise IT spending rises

CIO

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 global managed services market size was estimated at USD 299.01 billion, IDC said.

article thumbnail

Global RPA software sales forecast to jump this year

CIO

Driven by the ongoing need for companies to automate repetitive tasks, global RPA (robotic process automation) software revenue is expected to reach $2.9 from last year, according to a market research report by Gartner. This phenomenon will enable vendors to offer hyperautomation -enabling technology in the future, Mehta said.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

IT Hardware Startups Turn to Data Analytics for Market Research

Smart Data Collective

Data analytics technology has been instrumentally valuable for the marketing profession. Global companies are projected to spend over $9.7 billion on marketing analytics within the next seven years. One of the biggest ways that data analytics is changing marketing is that it can help with marketing research.

Startups 254
article thumbnail

Accelerating Aerospace Organizational Innovation, Speed, and Resilience with Digital Technologies

CIO

Their products, research, and technologies are changing the way the world works. We see it every day in the way humanity relies on communication, global positioning, and special analytics to enable smart cities, smart cars, and smart factories. Aerospace organizations are pushing new boundaries every day.

article thumbnail

AI poised to replace entry-level positions at large financial institutions

CIO

Global banks and investment firms are currently mulling plans to replace entry-level financial analyst positions with artificial intelligence (AI), with as many as two-thirds of these positions potentially on the chopping block.

Banking 894
article thumbnail

4 industries where chatbots will have the biggest impact

CIO

Healthcare: digital assistants for Dx and Rx The market for healthcare chatbots globally is projected to more than triple to $647 million by 2030, according to Vantage Market Research. billion, according to Verified Market Research. billion by 2032, according to Allied Market Research.

Banking 638
article thumbnail

A history of tech adaptation for today’s changing business needs

CIO

But to get to this point, the organization has had to rely on technology for decades as a strategic tool. Digital transformation is not a new concept for Ipsos,” says global CIO Humair Mohammed. Technological base Ipsos considers digital transformation a strategic priority for its continued growth and competitiveness. “We

Business 721