Assessing Gartner’s Forecast: The Impact of GenAI on Cloud Spending
Renowned firm Gartner predicts a whopping 20.4% hike in end-user spending on public cloud services by 2024, totalling a staggering $679 billion, an increase from the existing $563.6 billion spend this year. The surge in spending will be primarily driven by business requirements and breakthrough technologies such as generative AI, states Gartner. Significantly, all the…