Hyperion Research Announces a 36.7% Increase in the HPC/AI Market Size

Hyperion Research announced that it has updated its market sizing for the HPC (technical computing servers) market precipitated by the unprecedented impact AI has had on the market. In addition to revenue from traditional HPC suppliers, revenue attributed to non-traditional HPC suppliers, which often comes from non-traditional HPC buyers, is now included.

New RAND Research – Why do AI Projects Fail?

By some estimates, 80% of AI projects fail – more than double the rate of non-AI IT projects – but why? A group of RAND researchers investigated this issue and found five key problems leading to failure.

Major AI Act Will Heavily Impact The Unprepared & Indecisive

Last week, the EU’s AI Act finally went into effect following final approval from EU member states, lawmakers, and the European Commission. The AI Act aims to govern how companies develop, use, and apply AI. This will be done via a risk-based approach to regulation. Each AI application will be monitored and categorized based on the “risk it poses to human society.”

Boomi Discovery Report Reveals More Than Half of Enterprises Invest in GenAI for Integration and Automation 

Boomi™, the intelligent integration and automation leader, announced findings from its Boomi Discovery Report, commissioned by 451 Research. The report, based on perspectives from 650 business and IT leaders across a broad range of industries, outlines how enterprises are using Generative AI (GenAI) to integrate systems and automate processes, and how this has helped their business operations as a result.

AI Aspirations Threatened by Lack of Skills for Over a Third of Global CIOs

Over one third (35%) of global enterprises are struggling to retain or attract crucial skills in AI, data and automation, which is threatening their optimistic AI ambitions. This is according to research from an IDC InfoBrief, commissioned by Expereo, “Enterprise Horizons 2024” which highlights a critically low supply of AI expertise, despite AI now being considered as the biggest priority for CIOs across the world.

US Businesses Rank Among Global Leaders in Demanding AI Accountability, Transparency per BSI Report

A new report released by the global business improvement and standards company BSI finds that 90% of US business leaders say their company encourages the use of AI or has confidence in their ability to successfully harness its benefits.

Cognizant & Oxford Economics’ Companion Study to their “New Work, New World” Report Shows Cautious Optimism Among Enterprises Adopting AI

Cognizant (NASDAQ: CTSH) has released a companion analysis to its comprehensive 2023 study with Oxford Economics, and the new report – titled “New Work, New World: Quantifying Global Gen AI Momentum” – outlines cautious optimism is driving current market adoption of generative AI across various industries and geographies.

New Flexential Survey Unveils AI Infrastructure Challenges and Investment Priorities

Flexential, a leading provider of secure and flexible data center solutions, released its 2024 State of AI Infrastructure Report, a new survey on AI infrastructure investments and challenges. As organizations across nearly all industries plan ambitious roadmaps for AI adoption, Flexential’s report highlights crucial areas where IT leaders must evolve their current infrastructure to meet the growing demand of high-density AI workloads and latency-sensitive AI applications.

Couchbase Study: Financial Services Organizations Ramp Up for GenAI Despite Infrastructure Concerns

Couchbase’s recent survey of 500 global IT leaders uncovered that while financial services organizations will increase IT modernization investment by a third (33%) in 2024, they still feel unprepared for growing data demands.

Lack of Governance, Infrastructure Readiness, and IT Talent Leading to Enterprise GenAI Struggles: New Report 

Despite growing interest and enthusiasm for  Generative AI (GenAI), significant challenges are emerging that threaten the success of GenAI projects, according to a co-sponsored research report from Enterprise Strategy Group (ESG) and Hitachi Vantara, the data storage, infrastructure, and hybrid cloud management subsidiary of Hitachi, Ltd. (TSE: 6501).