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China's slowing economy and an inflation-driven drop in consumer spending are expected to drag down global shipments of computers and smartphones this year, according to research firm Gartner.Shipments to China - the world's biggest smartphone market - are expected to shrink by 18 percent as demand takes a beating from strict COVID-19 curbs that halted activity in key economic hubs including Shanghai, Gartner said in a report on Thursday.The research firm expects a 7 percent drop in worldwide smartphone shipments, also…

NEW DELHI : The Indian government’s spending on information technology is expected to grow 12.1% to $9.5 billion in 2022, far higher than the 5% rise globally, according to Gartner, Inc. The research firm estimates government IT spends for the year globally to touch $565.7 billion. “Contrary to the worldwide spending, all segments will experience growth in India in 2022," Apeksha Kaushik, principal analyst, Gartner, said in an interview. Global geopolitical tensions…

The government IT spending in India is likely to reach $9.5 billion in 2022, an increase of 12.1% from last year, a new report said on Monday.Software will continue to be the highest growing segment in India this year, followed by IT services."Contrary to the worldwide spending, all segments will experience growth in 2022 in India," said Apeksha Kaushik, principal analyst at Gartner.Now, governments are executing innovative activities by harnessing technology to streamline digital services, advance automation processes…

As banking and financial institutions adopt artificial intelligence (AI)-driven technologies globally, half of current financial AI deployments will be either delayed or cancelled by 2024, a new report has forecast.At the same time, the use of business process outsourcing (BPO) for AI will rise from 6 per cent to 40 per cent within two years, according to Gartner.CFOs face major barriers to scaling up the use of AI in-house and will increasingly turn to business process outsourcing (BPO) solutions to meet their digital…

The Garter 2022 CEO survey confirms the importance of AI for business leaders, while the metaverse is viewed as less relevant. Image: Gorodenkoff/Adobe Stock For the third year running, AI is the top priority for CEOs, according to a survey of CEOs and senior executives released by Gartner on Wednesday. The survey “2022 CEO Survey — The Year Perspectives Changed” gauged the opinions of CEOs and top executives on a range of issues from the workforce to the environment and digitalization. The findings…

The worldwide PC market saw a decline of 7.3 percent in shipments during the first quarter of 2022, which totalled 77.5 million units, according to preliminary results by Gartner. Reportedly, this time last year, the PC market registered its highest growth in decades, but this time it was a challenging quarter for the PC and Chromebook market to achieve growth, as per the report. Excluding Chromebooks, the worldwide PC market grew by a modest 3.3 percent year-over-year. The report, however, shows growth in business PCs…