Bracing for Impact: How AI Will Transform Digital Industries

Artificial intelligence (AI) systems are expected to transform digital industries in ways still being discovered. Gartner estimates spending on AI software will grow to $297.9B with a CAGR of 19.1% by 2027. While Generative AI (GenAI) software spend will rise from 8% of AI software in 2023 to 35% by 2027.

Generative AI has moved from the fringes to the forefront, igniting imaginations about its vast potential. Behind this wave of excitement, industries are diligently working to prove use cases, scale solutions to meet demand, and innovate to unlock AI’s full potential.