Digital Lifescapes

We're now witnessing a seismic shift, driven by the maturity and ubiquitous adoption of Artificial Intelligence (AI). For years, AI was an application-layer phenomenon; a software challenge. Today, however, the focus has pivoted to the foundational, physical layer that powers it. The latest data from International Data Corporation (IDC) confirms what many in the business technology sector have observed firsthand: we are in the midst of an unprecedented infrastructure build-out, one that will redefine corporate IT investment strategy. The Applied-AI Initiative race is no longer merely to build an industry-leading AI model, but to possess the computational engine robust enough to train and deploy it at an exponential scale. AI Infrastructure Market Development The latest market study forecast is significant, painting a picture of an infrastructure gold rush defined by massive capital expenditure and rapid transformation. Firstly, the projected market spending on AI infrastructure wi...

The quest to accelerate digital transformation has advanced technologies that enable the rapid development of new applications and associated eCommerce business models. Now, CIOs and CTOs must support line of business leader demand for more open innovation and strategic commercial advantages. As a result, the worldwide low-code development technologies market is projected to total $13.8 billion in 2021 -- that's an increase of 22.6 percent from 2020, according to the latest worldwide market study by Gartner.  The surge in remote development during the global COVID-19 pandemic will continue to boost low-code adoption, despite ongoing IT cost optimization efforts. Low-Code Software Market Development "While low-code application development is not new, a confluence of digital disruptions, hyper-automation, and the rise of composable business has led to an influx of tools and rising demand," said Fabrizio Biscotti, research vice president at Gartner . Low-code, applied as a ...

As the impact of the global pandemic disrupted enterprise operations, more CIOs and CTOs determined that their highest priority was maintaining existing IT services. For many, that meant scaling-up public cloud services and enhancing the management of on-premises IT resources. The worldwide public cloud services market is forecast to grow 6.3 percent in 2020 to reach a total spend of $257.9 billion -- that's up from $242.7 billion in 2019, according to the latest global market study by Gartner. Also, infrastructure that supports remote working, such as SD-WAN and virtual workspace solutions, has gained new momentum as more organizations deploy the capabilities that enable their employees to connect to enterprise IT systems from their home-based office. Public Cloud Services Market Development Desktop as a service (DaaS) is expected to have the most significant growth in 2020, increasing 95.4 percent to $1.2 billion. DaaS offers an inexpensive option for enterprises that are...