According to Gartner, everyday AI and digital employee experience (DEX) are expected to go mainstream in less than two years. Matt Cain, a Distinguished VP Analyst at Gartner, highlighted that everyday AI aims to reduce digital friction by assisting employees with tasks such as writing, research, collaboration, and ideation.

By 2030, the global manufacturing industry is expected to generate 4.4 zettabytes of data, more than double of this year's collection. This data originates from various sources such as IoT sensors, CNC systems, ERP systems, and MES. Efforts to effectively use and integrate this data are crucial for sustaining competitiveness and driving innovation.

As businesses move to the cloud and adopt cloud-native technologies, the need for Cloud Security Posture Management (CSPM) solutions is increasing. CSPM tools help organizations secure multi-cloud environments and meet regulatory requirements. The global CSPM market is projected to reach $5.58 billion by 2028.

With the threat of an impending recession, small and medium-sized businesses (SMBs) should take a hard look at employee management automation (EMA) to enhance efficiency, cut costs, and boost employee morale.

Worldwide spending on public cloud services is projected to reach $805 billion in 2024, and it is expected to double by 2028, with a five-year compound annual growth rate (CAGR) of 19.4%. Cloud technology dominates tech spending, and most organizations have adopted the public cloud for hosting enterprise applications and for developing customer-facing solutions.

Three years ago, BCG forecasted the quantum computing market. In its updated analysis, BCG reaffirms its projection that quantum computing will create $450-850 billion of economic value globally by 2040. Jean-Francois Bobier of BCG stated that while quantum solutions will surpass classical ones for some problems, there are still significant challenges to overcome.

The global market for AI platform software grew rapidly in 2023 and is expected to reach $153.0 billion in 2028, with a 40.6% compound annual growth rate. Innovations in generative AI are reshaping how companies develop and deploy AI applications. In 2023, Microsoft led the market with its comprehensive AI solutions deeply integrated into its software and cloud services.

According to Gartner, Inc., by the end of 2025, at least 30% of generative AI (GenAI) projects will be abandoned due to poor data quality, inadequate risk controls, escalating costs, or unclear business value. Organizations are struggling to prove and realize value from GenAI investments, which can range from $5 million to $20 million.

With modest GDP growth and stagnant budgets, organizations are reallocating funds to support IT investments. GenAI is gaining importance for productivity improvements, with a 30% expected investment growth. Companies with high GenAI maturity anticipate 3x higher return on investment over the next three years compared to those with little or no adoption, according to a new report by BCG.

Small and medium-sized businesses (SMBs) are projected to significantly increase their spending on sales process automation (SPA) as we reach the decade's midpoint. According to projections from Analysys Mason, SMBs worldwide will continue investing heavily in IT solutions, emphasizing automation technologies that focus on customer interactions to enhance efficiency, reduce operational costs, and remain competitive in the market. Meanwhile, International Data Corporation (IDC) reports that worldwide revenue for SMB sales and marketing campaign management software is expected to grow from $8.5 billion in 2021 to $14.9 billion in 2026. These findings highlight the increasing recognition among SMBs of how automation tools drive productivity across business functions in general and their sales operations in particular.

According to Gartner, Inc., global IT spending is projected to reach $5.26 trillion in 2024, a 7.5% increase from 2023. This is slightly lower than the previous forecast of 8% growth. One reason is that GenAI is impacting all technology segments, with some software spending increases attributed to GenAI. However, he noted that for software companies, GenAI is akin to a tax, as the revenue gains primarily benefit the AI model provider partner.

In an increasingly crowded gaming space that is ripe with repetition, players are looking for new ways and new types of content to engage with. This is where Vampire Therapist looks to stand out. Developed by Little Bat Games and slated for a July 18th release, this innovative game blends cognitive behavioral therapy with vampire lore, offering a novel gameplay experience that enlightens while it entertains.

The Internet of Things (IoT) security market is driven by demand for secure microcontrollers (MCUs). ABI Research forecasts 1.5 billion Secure MCU shipments by the end of 2024. Despite chipset shortages, high-end edge devices require secure enclaves to protect confidential processes.

According to a recent Gartner survey, 64% of customers prefer that companies do not use AI in their customer service. Additionally, 53% of customers would consider switching to a competitor if they learned that a company was going to use AI for customer service. The survey highlighted the contrast between customer service leaders' eagerness to adopt AI and customers' concerns about its use in customer service.

The 2024 SOC Survey by the SANS Institute provides valuable insights into the current state and challenges of Security Operations Centers (SOCs) worldwide. This comprehensive study examines the architecture, technology, staffing, and performance metrics of SOCs. Understanding the best practices and common challenges in SOCs is crucial for businesses to defend against cyber threats and improve security measures.

Paul E. Davis, CEO and president of Adeia Inc., highlighted the importance of trust in the international intellectual property community. He emphasized the need for comprehensive trust among stakeholders to sustain rapid rates of innovation and support the IP sector. Davis also noted the impressive trajectory of innovation in the United States, citing a significant increase in granted patents over the years.

A recent worldwide survey of technology buyers by IDC found that GenAI is expected to have the most impact on technology decision-making, financial and operational systems, and customer engagement. Regional differences were observed: North American buyers focused on financial and operational systems, while Western European buyers emphasized IT and line of business technology decision-making.

While leaders at small and medium organizations (SMOs) may not match their larger counterparts in terms of scale and budget for technology investments, modernization, automation and business transformation are increasingly recognized as the keys to remaining competitive and meeting the evolving expectations of customers and other stakeholders. The good news is that new developments in technology and the emergence of new services have democratized SMO access to a growing array of business process automation capabilities.

According to a recent Gartner poll, 55% of organizations have an AI board, and 54% have a head of AI or an AI leader. Frances Karamouzis, a Distinguished VP Analyst at Gartner, emphasized the need for clear rules and accountability for AI initiatives within organizations. These findings are based on a poll of 1,808 respondents from a Gartner webinar in June 2024 and may not be globally representative.

Forrester's report identifies generative AI for visual content, genAI for language, TuringBots, and IoT security as the top emerging technologies for businesses. These technologies will deliver significant ROI in the next two years.