In today’s fast-paced market, the Information and Communication Technology (ICT) sector is pivotal for businesses aiming to innovate and drive growth. The increasing recognition of ICT’s long-term value is evident as companies ramp up their investments. Forecasts indicate that spending on digital transformation will soar to $3.9 trillion by 2027. Moreover, fintech investments are expected to grow by 13.8% in 2024 alone.
This digitization and AI adoption surge has already led to a 9.2% rise in software spending from 2022 to 2023. Businesses know harnessing ICT advancements is essential to maintaining a competitive edge and achieving sustainable growth.
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