Companies are set to significantly boost their investments in technology and artificial intelligence in 2025. According to a March report from American Banker, many businesses plan to allocate more resources to these areas compared to the previous year, focusing heavily on AI as a crucial sector for growth.
In fact, 31% of respondents in the report indicated that their organizations will increase AI investments between 10% and 19% for 2025. Additionally, 22% mentioned that they will bolster their investments in AI by more than 20% during the same period. Overall, predictions for technology spending reveal similar patterns, with 34% of experts forecasting a 10% to 19% increase for the coming year.
More insights:
