For the entire year, worldwide IT services revenues crossed the $1 trillion mark in 2018. Annual growth accelerated slightly to 4.3 percent. This largely reflects overall healthy corporate IT spending sustained by large enterprises’ cautious yet optimistic business outlook.
Demand is surging for information-technology (IT) workers with advanced digital skills, as more companies seek help developing data analytics, artificial intelligence (AI) and other emerging business tools.
More and more non-technology companies are adopting digital technologies like AI, data analytics, and machine learning. This study of the economic performance of non-tech firms adopting new digital technologies finds a persistent future increase in valuation.
“Talent is the most precious resource for today’s knowledge-based economy, and a significant share of the U.S. skilled workforce in technology fields is foreign-born. The U.S. has long held a leading position in attracting global talent, but the gap to other countries is weakening.”
Due to the popularity of the cloud for businesses and the fact that many are so unprepared concerning cybersecurity, some people are exploring specific ways to secure the cloud. The blockchain is one viable possibility for keeping valuable details safe from cybercriminals.