IBM Study: AI Spending Expected to Surge 52% Beyond IT Budgets as Retail Brands Embrace Enterprise-Wide Innovation
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IBM's study reveals a significant shift in retail and consumer product executives' focus towards AI, with a projected 52% increase in AI spending beyond traditional IT budgets. Executives plan to expand into sophisticated AI use cases, such as integrated business planning, by 2025.
January 07, 2025 | 1:45 pm
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IBM's study indicates a significant increase in AI spending by retail and consumer product executives, suggesting a growing market for IBM's AI solutions. This could positively impact IBM's revenue and market position in the AI sector.
The study by IBM highlights a substantial increase in AI spending by retail and consumer product executives, which aligns with IBM's offerings in AI solutions. This suggests a potential increase in demand for IBM's products, likely boosting their revenue and market share.
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