Clover Infotech brings to you a curated round-up of important technology updates for the month of November’24:
#1 Oracle Database@Azure Adds New Regions and Services to Meet Global Demand
#2 Gartner Says CIOs Need to Overcome Four Emerging Challenges to Deliver Value With AI
A Gartner, Inc. survey of 451 senior technology leaders in the second quarter of 2024, found that 45% of CIOs in Europe, Middle East and Africa (EMEA) said they are tasked with leading an AI strategy in their enterprise. However, four emerging challenges are making it difficult for CIOs to deliver value with AI…CONTINUE READING
According to Forrester’s 2025 technology and security predictions, 75% of technology decision-makers will see their technical debt rise to a moderate or high level of severity by 2026. This will be due to the rapid development of AI solutions, which are adding complexity to IT landscapes. To stem the tsunami of technical debt, in 2025, tech leaders will triple the adoption of AI for IT operations (AIOps) platforms, which deliver contextually aware data to enhance human judgment…CONTINUE READING
Indian executives rank cybersecurity as their top risk mitigation priority (61%), followed by digital and technology risks (60%), inflation (48%), and environmental risks (30%) for the next 12-months, as per findings from PwC’s 2025 Digital Trust Insights – India Highlights. The report revealed that 93% of respondents anticipate an increase in their cybersecurity budgets next year, with 17% planning to raise their budgets by 15% or more—an increase of 1% from last year…CONTINUE READING
Artificial intelligence (AI)-enhanced malicious attacks are the top emerging risk for enterprises in the third quarter of 2024, according to Gartner, Inc. It’s the third consecutive quarter with these attacks being the top of emerging risk. IT vendor criticality and an unsettled regulatory and legal environment are new, top emerging enterprise risks. During the third quarter of 2024, Gartner surveyed 286 senior risk and assurance executives and managers to examine and compare emerging risks.…CONTINUE READING
#6 IDC Predicts: Asia/Pacific Business Leaders to Demand 80% Success Rate on GenAI Initiatives by 2027
At the recent IDC FutureScape event, IDC unveiled its latest technology predictions for 2025-2029, revealing that Asia/Pacific* business leaders will demand 80% success rate on GenAI initiatives by 2027. This ambitious target aims to boost efficiency and revenue growth. The AI Pivot will move from the initial “scramble” of GenAI experimentation, currently at a 62% success rate, to comprehensive AI integration within enterprises…CONTINUE READING
#7 Gartner Survey Shows CFOs Rank Metrics, Analytics and Reporting as the Top Priorities for 2025
CFOs and finance leaders rate metrics, analytics and reporting as their top focus area for 2025, reflecting an emphasis on delivering insight to improve business performance according to Gartner. The 2024 survey of 251 CFOs showed that finance transformation ranks much lower as a priority for CFOs in 2025, replaced by a focus on AI adoption in finance, which ranked fourth overall…CONTINUE READING
#8 Gartner Forecasts IT Spending in Europe to Grow 8.7% in 2025
IT spending in Europe is projected to total $1.28 trillion in 2025, an increase of 8.7% from 2024, according to the latest forecast by Gartner, Inc. IT spending in Europe is on pace to reach $1.18 trillion by the end of 2024. “In 2024, the surge of building out AI-related infrastructure by technology providers is driving high levels of spending on data center systems in Europe,” said John-David Lovelock, Distinguished VP Analyst at Gartner…CONTINUE READING
