According to International Data Corporation (IDC), worldwide revenues for the artificial intelligence (AI) market, including software, hardware, and services is forecast to grow 19 percent year over year in 2022 to $432 billion. Over time, the market is expected to break the $500 billion mark as soon as 2023.
Among the three technology categories, AI Software will see its share of spending decline slightly in 2022 as spending for AI Hardware and Services increases at a faster pace. This trend is also expected to continue into 2023. Most important to solution providers here is that AI Services is forecast to deliver the fastest spending growth over the next five years with a compound annual growth rate (CAGR) of 22 percent while the CAGR for AI Hardware will be 20 percent.
AI has clearly become a top agenda item for IT at customer organizations of all types and sizes. AI initiatives are currently focused on everything from business process issues to organizational efficiencies to enhancing customer experiences. In fact, AI has already become a key differentiator for enterprises that are planning and executing on critical digital transformation objectives.
AI presents unprecedented opportunity for today’s solution providers
As AI continues to become a key driver of IT investment it brings with it a spike in spending on the necessary related services that ensure successful execution and operation of AI. There is a clear and growing customer need for AI expertise in delivering Enterprise ready AI solutions.
Another AI related area where solution providers can add immediate value is in the strategy and planning stages. In many cases customers don’t know where to start in incorporating AI into the enterprise. As such, they require assistance in establishing the right governance, business process, and talent deployment, which can further help you in growing your services revenues.
Dell Technologies is the right partner for all AI customer initiatives
Dell Technologies can help you immediately in incorporating AI into your customer organizations. This creates the proverbial win-win as it makes delivering AI to all simple, easy, and secure. In the process solution providers will increase revenue with cross-sell & upsell opportunities. In addition to demonstrating deeper value with these upgrade opportunities, you can take advantage of partner program rebates and incentives – all the while helping customers accelerate and grow their business.
Dell Technologies comprehensive portfolio of AI-optimized solutions empowers you and your customers to successfully deploy AI across their organizations. Let’s take a quick look at how.
● Dell Precision Workstations: Turbocharge your customers’ data science projects and unleash their innovations.
● Dell PowerEdge Servers: Technology and solutions that help your customers innovate, adapt, and grow.
● Dell PowerSwitch Networking: Speed and agility across all AI environments.
● Dell PowerScale Storage: All-flash infrastructure for high-performance machine and deep learning at scale.
● Dell Technologies Validated Designs: Accelerate time to value with solutions designed for the intelligent business.
You can even help your customers transition to an as-a-Service model that will work best for their organization with Dell APEX Flex on Demand.
Discover more about how you can put Dell Technologies AI to work for you and your customers by visiting here.