Technology Magazine September 2024 | Page 78

accelerate , so does the software required to run it . As far as managed technology platforms are concerned , these services are designed to work with each other to reduce time-tomarket and deploy new applications .
In fact , according to Statista , worldwide IT spending is forecasted to increase by 8 % between by the end of 2024 , from 2023 , reaching approximately US $ 5tn , with IT services spending alone expected to hit US $ 1.6tn by the end of 2024 .
With this in mind , centralised technology platforms can work successfully to accelerate innovation and keep businesses competitive , particularly as far as AI and cloud computing are concerned .
In today ’ s digital landscape , a unified digital platform strategy is becoming
78 September 2024