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Laxman Pai, Opalesque Asia:

Despite ongoing economic uncertainty, businesses are committed to prioritizing their IT investments in 2024, particularly in transformative technologies such as artificial intelligence (AI) and cloud transformation, according to a study.

According to the research by Rackspace Technology in association with VMware, which surveyed 1,420 global IT professionals, 63% of organizations plan to re-calibrate their investments in 2024.

Moreover, artificial intelligence dominates as the top priority, with 65% of respondents identifying pervasive artificial intelligence as the technology that will have the most significant positive impact on their organization over the next 12 months, according to the 2024 IT Outlook Report.

The survey also underscores the continued adoption of the cloud. When asked about the makeup of their organization's IT infrastructure and how it will evolve over the next 12 months, edge computing, private cloud, and public cloud increased as a percentage of workloads, while data centers, colocation facilities, and mainframes declined.

As generative AI continues to mature and grow in importance, 33% of organizations say they have either completed prototypes and are taking projects into production or already have projects underway and plan to expand them, while another 66% of respondents are either currently ideating on the use of generative AI or plan to do so.

Just 1% of respondents have no plans to use generative AI.......................

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