With GenAI, There Is No One-Size-Fits-All, and Costs Aren’t as Predictable as Other Technologies

DUBAI, UAE, August 4 2024 – At least 30% of generative AI (GenAI) projects will be abandoned after proof of concept by the end of 2025, due to poor data quality, inadequate risk controls, escalating costs or unclear business value, according to Gartner, Inc.

Rita Sallam, Distinguished VP Analyst at Gartner said, “After last year’s hype, executives are impatient to see returns on GenAI investments, yet organizations are struggling to prove and realize value. As the scope of initiatives widen, the financial burden of developing and deploying GenAI models is increasingly felt.”

DUBAI, UAE, July 23, 2024 — The worldwide infrastructure as a service (IaaS) market grew 16.2% in 2023, to total $140 billion, up from $120 billion in 2022, according to Gartner, Inc. Amazon retained the No. 1 position in the IaaS market in 2023, followed by Microsoft, Google, Alibaba and Huawei.

PC Market Grew for Three Consecutive Quarters Based on Year-On-Year Growth

DUBAI, UAE, July 11, 2024 — Worldwide PC shipments totaled 60.6 million units in the second quarter of 2024, a 1.9% increase from the second quarter of 2023, according to preliminary results by Gartner, Inc. This marks three consecutive quarters of year-over-year growth for the PC market.