A new global study from the IBM (NYSE: IBM) Institute for Business Value found that surveyed retail and consumer product executives are dramatically shifting their focus toward artificial intelligence (AI), with responses indicating that participants project spending outside of traditional IT operations could surge by 52% in the next year.
There’s no question AI was the dominant topic of 2024. Almost every enterprise – large and small – was inspired by the promise of what Generative AI could do to modernize processes, create new revenue streams and transform business models. The enormous potential of this game-changing technology stoked imagination and fueled countless AI projects.
Lockheed Martin, a longtime leader in harnessing artificial intelligence to boost defense and aerospace capabilities, is once again reshaping the future of AI-driven innovation.
Today, in alignment with United Nations Human Rights Day, Call for Code, the largest tech-for-good initiative of its kind driven by creator David Clark Cause, Founding Partner IBM (NYSE: IBM), Charitable Partner United Nations Human Rights, and Program Affiliate the Linux Foundation announced the winners of the annual Call for Code Global Challenge.
IBM Study: AI Spending Expected to Surge 52% Beyond IT Budgets as Retail Brands Embrace Enterprise-Wide Innovation
2024 Call for Code Global Challenge Winners Improve Equitable Access to Essential Needs with Solutions Using IBM watsonx
December 09, 2024