A new study by Informa Telecoms and Media is projecting a more than 45 percent increase in mobile subscribers in the Caribbean between 2004 and 2009. The report shows a steady growth in this market predicating from 10.1 million by end of 2004 to 14.7 million by 2009. The study provides a comprehensive view of how the mobile revolution is reaching out to over 40 million inhabitants of the 31 political entities that make up the insular and mainland Caribbean. It shows how successive waves of market opening and investment are transforming the region�s communications landscape, one historically marked by insularity and a limited and costly telephone communications framework. Vibrant competition is emerging where government-sanctioned monopolies reigned just a few years ago. Penetration has climbed precipitously, even surpassing 100 percent on more affluent islands. In just a decade, mobile telephony has exploded from serving less than one-half of one percent of the region�s population to now providing service to over 25 percent of the residents � over 10 million subscribers. Even so, another 30 million still await the opportunity to link up.
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...