This is a public Topic to stay up to date with Quantexa's latest news and announcements.

IDC: Spending on Digital Transformation is Forecast to Reach $4T by 2027

Options
Sheryl_Wharff
Sheryl_Wharff Posts: 294 QUANTEXA TEAM

Worldwide spending on Digital Transformation (DX) is forecast to reach almost $4 trillion in 2027, according to the latest update to the International Data Corporation (IDC) Worldwide Digital Transformation Spending Guide. With artificial intelligence (AI) and Generative AI pushing investments, the DX market is forecast to grow with a compound annual growth rate (CAGR) of 16.2% over the 2022-2027 period. As organizations continue to prioritize digitalization, DX investments are projected to grow substantially, potentially reaching or even surpassing two thirds of all Information and Communication Technology (ICT) spending by 2027.

Read more here … https://outlookseries.com/A0768/Infrastructure/3359_IDC_Spending_Digital_Transformation_$4T_2027.htm

I share my thoughts from Quantexa

User Profiles
News & Announcements Topic Owners
Feel free to @mention our Topic Owners in a comment to ask a question about anything new happening at Quantexa
Head of Community Programs
Senior Community Manager
Community Manager