Research Roundup: IT Spending, Data-Center Accelerators, GenAI For Software Testing, Social Media Usage

IT spending worldwide will rise by nearly 7% this year over last year, predicts Gartner, for a 2024 total of $4.99 trillion. Software works drives the charge, expecting a 13% jump to over $1 trillion. Data center systems follow 7.5% to $261.3 billion. Data center accelerators are the new hot commodity, with nearly half of this year's systems being accelerators, mostly GPUs. Dell’Oro Group predicts a 25% CAGR, reaching $286 billion by 2028. Generative AI is set to automate 70% of software tests by 2028. YouTube reigns supreme with 83% of American adults tuning in. Facebook and Instagram follow, with 68% usage TikTok's growth is explosive, jumping from 21% to 33% in just two years.