The growth trajectory of artificial intelligence (AI) enterprise applications continues to accelerate, and its impact on global IT infrastructure spending is also remarkable. The recent market study by International Data Corporation (IDC) provides compelling evidence of AI's explosive growth and implications for the Global Networked Economy . By 2028, global investment in AI infrastructure is projected to surpass the $100 billion mark, underscoring the technology's pivotal role in shaping the future of business and society. Artificial Intelligence Infrastructure Market Development This growth is not a sudden phenomenon but rather the result of sustained investment over time. The AI infrastructure market has experienced double-digit growth for nine consecutive half-years, with no signs of slowing down. In the first half of 2024 alone, organizations increased their spending on compute and storage hardware infrastructure for AI deployments by 37 percent year-over-year, reaching an...
We're in a new era of digital transformation. The rapid advancement of Artificial Intelligence (AI) is reshaping the IT data center. However, this progress comes with a significant challenge: the escalating energy demands. The cooling requirements for these digital powerhouses are skyrocketing, presenting a critical conundrum for the IT industry and global environmental sustainability efforts alike. As the AI computing power intensifies, these facilities generate more heat. This heat isn't just a byproduct; it's a threat to the performance, stability, and longevity of AI platforms. AI Data Center Market Development According to a recent study by ABI Research, the global data center market is set for explosive growth. The number of data centers worldwide is expected to more than double from 10,978 in 2023 to over 22,000 by 2030. In 2023, data center operators consumed 300 TWh of energy solely for cooling purposes. Even more alarming is the projection that this figure will tr...