Business value from GenAI remains elusive despite IT spending boom

The nascent tech enters Hype Cycle’s downward slope, says Gartner Tech analysts have forecast 9.8 percent year-over-year growth in worldwide IT spending in 2025, reaching $5.61 trillion and driven by continuing AI investments, despite “moonshot” projects seeing a high failure rate.…

Jan 22, 2025 - 11:19
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Business value from GenAI remains elusive despite IT spending boom

The nascent tech enters Hype Cycle’s downward slope, says Gartner

Tech analysts have forecast 9.8 percent year-over-year growth in worldwide IT spending in 2025, reaching $5.61 trillion and driven by continuing AI investments, despite “moonshot” projects seeing a high failure rate.…

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