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Top related persons:
John Lovelock - 2 Dan Ives - 1 Google Bard - 1 Satya Nadella - 1 Sam Altman - 1 Altman - 1 Jason Wong - 1 Wong - 1
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San Francisco , California U.S Copilot Salesforce that's
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Gartner - 2 Microsoft - 1 Wedbush Securities - 1 " Enterprises - 1 Google - 1 CNBC Technology - 1 Survey - 1 Visa - 1

Search resuls for: "John Lovelock"


3 mentions found


☆ For Microsoft and OpenAI, after a year in the 'hype cycle,' the Copilot corporate spending boom is just getting started
  + stars: | 2023-12-20 | by ( Eric Rosenbaum | ) www.cnbc.com   time to read: +9 min
While another third (32%) said they have not made the spending decision, only 13% said they would not be acquiring similar gen AI capabilities. Microsoft has pointed to customers including Visa, BP, Honda and Pfizer using Copilot, and professional services firm partners on Copilot AI including Accenture, EY, KPMG, and PwC. And even amid the hype, it's important to keep in mind that as gen AI spending grows, it is still dwarfed by companies' cybersecurity budget needs. That means roughly $5 will be spent on security for every dollar spent on gen AI. But it's growing, and for now at least, when it comes to the billions in gen AI spending, Microsoft is in the pole position.
Persons: Dan Ives, Google Bard, Satya Nadella, Sam Altman, Altman, Jason Wong, Wong, Joe Atkinson, That's, Copilot, It's, Gartner, it's, Will, John Lovelock Organizations: Microsoft, Wedbush Securities, " Enterprises, Google, CNBC Technology, Survey, Gartner, Visa, BP, Honda, Pfizer, Accenture, EY, KPMG, CNBC, CNBC TEC, SAP, Adobe, Amazon Web, Meta, SharePoint Locations: San Francisco , California, U.S, Copilot, Salesforce, that's
☆ Gartner: Global IT spending is expected to top $5 trillion for the first time this year
  + stars: | 2023-10-16 | by ( ) www.cnbc.com   time to read: 1 min
Share Share Article via Facebook Share Article via Twitter Share Article via LinkedIn Share Article via EmailGartner: Global IT spending is expected to top $5 trillion for the first time this yearJohn Lovelock, chief of research for IT forecasting at Gartner, discusses how much companies may be willing to spend over the next year, as the use of AI continues to boom.
Persons: John Lovelock Organizations: Gartner, Global
☆ Amazon, Meta, and other big tech firms have entered the 'Great Hesitation' — cutting hiring and other costs in fear of an economic downturn
  + stars: | 2022-10-16 | by ( Rob Price | Eugene Kim | ) www.businessinsider.com   time to read: +10 min
Leaders at large-cap tech companies are in an anxious waiting game, battening down the hatches as they prepare for the storm to hit. Some tech firms will be hurt moreAmong the biggest players in the tech industry, the impacts of a crash will not be felt evenly. "I look at these large tech companies, and over the last couple of years, obviously money's been free, everything got bloated, and all these tech companies — excluding Apple — have effectively doubled their head count over a three-year period, right? Beyond head count, tech companies are cutting back on extras, imperiling their famously lavish meal options. The largest tech companies are also signaling their anxiety by trimming budgets for their more experimental businesses and research projects.
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