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According to Gartner, by 2027, more than 70% of enterprises will to accelerate business initiatives, an increase from less than 15% in 2023. That core, Tay said, is increasingly important to get right with the “plethora of architectures out there.” Cloud modernization. Digital transformation is ubiquitous,” McConnell said.
Retrieval-augmented generation emerges as the standard architecture for LLM-based applications Given that LLMs can generate factually incorrect or nonsensical responses, retrieval-augmented generation (RAG) has emerged as an industry standard for building GenAI applications. million AI server units annually by 2027, consuming 75.4+
trillion by 2027, up from $800 billion in 2021. Microservices-based architectures and software containers enable organizations to deploy and modify applications with unprecedented speed. surpassed $387 billion in 2022, more than double the figure of three years earlier.
In fact, Gartner forecasts that spending on public cloud services will total $679 billion in 2024 and exceed $1 trillion by 2027. While app-centric serverless approaches abstract some of the complexities of cloud-native architecture, as the analyst firm Forrester notes , the next frontier for serverless adoption is at the edge.
Put another way, the performance gap between what devices the wealthy carry and what budget shoppers carry grew more this year (252 points) than the year-over-year gains from process and architecture at the volume price point (174 points). That's where the good news ends. Counterpoint data shows declining sales in both 2022 and 2023.
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