The AI boom is generating a massive demand for computing power, but its biggest bottleneck is proving to be access to electricity. Analysts at UBS Securities point out that this hunger for power is likely to set off a ‘boom…
In the global race for technological dominance, Europe is increasingly falling behind. While the US and China are surging ahead, building digital empires based on artificial intelligence, advanced cloud and innovation, the Old Continent is facing a growing investment gap.…
The global IT market is on the verge of an unprecedented boom. Leading analyst firms such as Gartner forecast that global IT spending will reach an astronomical $5.7 trillion in 2025, an impressive increase of more than 9% from 2024.…
Global spending on cyber security is growing at a double-digit rate. According to the latest forecasts from analyst firm Gartner, end users will spend $213 billion on information protection this year, significantly strengthening the cyber security market. This is more…
The technology landscape in 2025 presents a fascinating paradox. On the one hand, global IT spending is set to soar. Analysts at Gartner forecast an increase of 7.9 per cent to $5.43 trillion , while other forecasts predict an increase…
Although global IT spending is expected to grow by nearly 8 per cent in 2025 – to $5.43 trillion – the market is not in an upbeat mood. Gartner, which at the beginning of the year was still forecasting a…
IT outsourcing, at its core, is a strategic partnership where organisations outsource the management, development or maintenance of key technology processes. With the dynamic changes in the global economy and accelerated digital transformation, outsourcing has evolved from a cost-cutting tactic…
As innovation in generative artificial intelligence (AI) continues at a dizzying pace, concerns about safety and risk are becoming more apparent. Some lawmakers have demanded new rules and regulations for artificial intelligence tools, while some technology and business leaders have…