Intelligent CIO Middle East Issue 110 | Page 20

LATEST INTELLIGENCE
A time of breakthrough transformations
Artificial intelligence ( AI ) has emerged as one of the most transformative technological advancements of our generation . This breakthrough technology has the potential to revolutionize every aspect of business .

AI adoption has grown steadily in the last few years . But the unprecedented growth of generative AI ( GenAI ) and large language models ( LLMs ) took the world Download whitepaper hereaby storm – uncovering exciting new possibilities .

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AI-DRIVEN INNOVATION BALANCING CHALLENGES AND SEIZING OPPORTUNITIES

Adoption of this technology has nearly doubled in just 10 months , with 65 % of organizations reporting regular use . Gartner hailed GenAI as “ the most disruptive set of technologies and capabilities to hit the global market in decades .” We ’ re only at the cusp of understanding the game-changing opportunities of GenAI for organizations of all sizes .
10X
IDC forecasts that spending in GenAI will increase at an annual compound growth rate of 59 % between 2024 and 2028 , outpacing the growth of AI overall . Embracing this shift is paramount to your ability to continue innovating .
The growth of this nascent technology will maintain its meteoric pace . IDC forecasts that spending in GenAI will increase at an annual compound growth rate of 59 % between 2024 and 2028 , outpacing the growth of AI overall . Embracing this shift is paramount to your ability to continue innovating .
As AI datasets grow bigger and more complex and the ecosystem of interconnected AI programs expands , security and customer experience remain paramount . To unlock the full potential of GenAI , developers must find
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