ServiceNow delivers strong Q4, ups 2024 outlook
ServiceNow reported better-than-expected fourth quarter results, delivered revenue growth of 26% and said it landed more than 168 deals with annual contract value topping $1 million.
The Future of Work analyzes the confluence of technological, demographic and cultural trends, challenging the traditional work paradigm. Where we work, when we work, how we work, and why we work has evolved dramatically. Constellation's Future of Work offerings arm clients with the knowledge to utilize workplace trends to create an engaged, empowered and efficient workforce.
ServiceNow reported better-than-expected fourth quarter results, delivered revenue growth of 26% and said it landed more than 168 deals with annual contract value topping $1 million.
Enter AI And The Real Fourth Industrial Revolution
Running out of ideas to inspire, a false fourth industrial revolution was coined by the World Economic Forum. The move to digitization and digital transformation was a necessary half-step to the move towards AI. While some will now profess that the Fifth Industrial revolution is AI, AI is more exponential than the internet or the fake fourth industrial revolution. The dawn of the fourth industrial revolution begins with AI. This Cognitive Era will be with us for decades to come. Constellation Research has seen a projected CAGR of 19.8% in global AI IT spending from $151 billion to $490.6 billion by 2030.
The World Economic Forum's Four Themes Seek To Rebuild Trust
The 54th annual convening at Davos brings 2700 delegates from over 130 countries to officially attend the World Economic Forum’s event. Meanwhile, an additional 5000 individuals join events around Davos in a series of programing known as UnDavos. This year’s official Davos proceedings center on four main themes:
OpenAI launched its GPT Store for custom versions of ChatGPT as well as plans for business and enterprise users. In the first quarter, OpenAI will launch a revenue share program for developers based on engagement with payment details to follow.
Technologies such as artificial intelligence, spatial computing and body-sensing innovations will become more human-like, omnipresent, and almost invisible, according to Accenture's Technology Vision 2024.
Apple Vision Pro has the potential to reboot the metaverse, augmented reality and virtual reality but mass market adoption is unlikely now. Watch developers instead.