AI Fuels Nearly 30% Increase in IT Modernization Spend, Yet Businesses Are Unprepared for Growing Data Demands, Couchbase Survey Reveals

Couchbase, Inc. (NASDAQ: BASE), the cloud database platform company, released the findings from its seventh annual survey of global IT leaders. The study of 500 senior IT decision makers found that investment in IT modernization is set to increase by 27% in 2024, as enterprises look to take advantage of new technologies, such as AI and edge computing, while meeting ever-increasing productivity demands.

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