Global sales of personal computers totalled 62.2 million units in the first quarter of 2017, a decline of 2.4% from a year earlier, according to preliminary results by Gartner Inc. The research firm has estimated worldwide IT spending at $3.5 trillion in 2017, a 1.4% increase over the previous year but down from the previous quarter’s forecast of 2.7%.
In its report, Accenture Banking Technology Vision 2017, which includes results of a survey of more than 600 bankers, the technology consulting company said that more than three-quarters (78%) of bankers globally and 87% in India believe that artificial intelligence (AI) will enable simpler user interfaces that will help banks create a more ‘human-like’ customer experience. In addition, it noted that 76% of global respondents and 83% in India believe that within 3 years, banks will deploy AI as their primary method for interacting with customers.
International Data Corporation (IDC), in a new update to its Worldwide Semiannual Cognitive Artificial Intelligence Systems Spending Guide, forecast that worldwide revenues for cognitive and AI systems will reach $12.5 billion in 2017, an increase of 59.3% over 2016. According to the research firm, global spending on cognitive and AI solutions will continue to see significant corporate investment over the next several years, achieving a compound annual growth rate (CAGR) of 54.4% through 2020.
The latest Internet of Things (IoT) strategies report, ‘IoT Cellular Connections by Industry Vertical, Bandwidth and Region,’ by research firm Strategy Analytics has projected that IoT cellular connections will grow significantly through 2025. It estimates IoT cellular connections to grow to more than 2.4 billion in 2025, with the top three vertical markets (Automotive, Utilities and Security) jointly accounting for over 46% of global IoT cellular connections in 2025.