Generative AI will drive a foundational shift for companies — IDC

Over the next two years, generative artificial intelligence (genAI) will force organizations to address a myriad of fast-evolving issues, from data security to tech review boards, new services, and — most importantly — upskilling employees.

By 2027, AI will represent 29% of organizational spend, according to IDC President  Crawford Del Prete, who spoke Thursday at the IDC Directions conference in Boston.

This year alone, the average enterprise will spend $28 million dollars on genAI initiatives, based on data from a …

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