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PAC’s Predictions for 2024

Towards the end of each year, PAC analysts publish their “top predictions” for the following year(s). They highlight trends that are expected to impact the IT market in various ways – through above-average growth, huge business volumes, or shifts in demand or supply.

by Wolfgang Schwab

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Featured Blog Post

What’s Next After the Big Wave of Lay-offs in the IT Industry in 2023?

The IT industry has experienced a surge in layoffs in 2023, affecting all ranges of companies, from startups to the “FAANG” brands. This is a significant shift, given the industry's remarkable YoY growth in recent decades. Is this a sign of a recession? Is AI already replacing humans? Is it a periodic staff adjustment? Or is the industry ...

by Iulia Sandut

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Featured Blog Post

Generated Drama at OpenAI

Around one year ago, the company OpenAI released a version of their ChatGPT product that captured the imagination of the public all around the world. For many, it was the first time they had been exposed to the sophistication of deep learning (DL) AI in the form of a generative AI (GenAI) based on a large language model (LLM) delivered through a ...

by Spencer Izard

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Dutch defense spends big on IT infrastructure, COMMS, and IT skills

The Government of the Netherlands is sparing no expense for its ongoing tactical communication tools and related IT infrastructure program dubbed Foxtrot. The program, which kicked off in 2020 and is worth between €1 billion – €2.5 billion, is starting to take shape with the first platform with modern connectivity (Spiral 0) to be delivered ...

by Sidney Siegertsz

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PAC IT market Predictions for 2024 Wolfgang Schwab

PAC’s Predictions for 2024

November 28, 2023

Towards the end of each year, PAC analysts publish their “top predictions” for the following year(s). They highlight trends that are expected to impact the IT market in various ways – through above-average growth, huge business volumes, or shifts in demand or supply.

Read more
What’s Next After the Big Wave of Lay-offs in the IT Industry in 2023? Iulia Sandut

What’s Next After the Big Wave of Lay-offs in the IT Industry in 2023?

November 28, 2023

The IT industry has experienced a surge in layoffs in 2023, affecting all ranges of companies, from startups to the “FAANG” brands. This is a significant shift, given the industry's remarkable YoY growth in recent decades. Is this a sign of a recession? Is AI already replacing humans? Is it a periodic staff adjustment? Or is the industry ...

Read more
SPS event in Nurnberg - Digital technologies in the industrial world Arnold Vogt

SPS 2023 insights: digital technologies are flooding the industrial world

November 28, 2023

Two things were obvious at the SPS fair in Nuremberg: IT is the main value driver in the OT world today, and the SPS fair is as relevant as ever. Here are the key insights from our discussions with many industry experts: Container-based industrial edge management solutions are becoming widely available: Leveraging container technology to ...

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Dutch defense spends big on IT infrastructure, COMMS, and IT skills Sidney Siegertsz

Dutch defense spends big on IT infrastructure, COMMS, and IT skills

November 27, 2023

The Government of the Netherlands is sparing no expense for its ongoing tactical communication tools and related IT infrastructure program dubbed Foxtrot. The program, which kicked off in 2020 and is worth between €1 billion – €2.5 billion, is starting to take shape with the first platform with modern connectivity (Spiral 0) to be delivered ...

Read more
Generative AI will be a “force multiplier” for ServiceNow Spencer Izard

Generative AI will be a “force multiplier” for ServiceNow

November 27, 2023

PAC recently had the opportunity to attend the EMEA Industry Analyst Summit co-located at the ServiceNow World Forum in Rotterdam. 2023 has been an interesting year for the technology industry due to the impact in awareness of what generative AI (GenAI) is and its far-reaching potential impact on how people function in both their personal and ...

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Ralentissement généralisé de la croissance pour les ESN françaises Eric Beaudet

Ralentissement généralisé de la croissance pour les ESN françaises au troisième trimestre

November 24, 2023

Ces dernières semaines, toutes les grandes ESN françaises ont publié leurs résultats du troisième trimestre 2023 et le ralentissement de la croissance est généralisé. A l’exception de Neurones, seul à continuer à afficher une croissance de plus de 10% (+11,0% au T3 23), tous les acteurs ont, en effet, enregistré un net ralentissement ...

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Generated Drama at OpenAI Spencer Izard

Generated Drama at OpenAI

November 23, 2023

Around one year ago, the company OpenAI released a version of their ChatGPT product that captured the imagination of the public all around the world. For many, it was the first time they had been exposed to the sophistication of deep learning (DL) AI in the form of a generative AI (GenAI) based on a large language model (LLM) delivered through a ...

Read more
Software & IT Services decision makers listening to a presentation during our PAC Horizons Event in London Nick Mayes

Highlights of our PAC Horizons event in London

November 22, 2023

Our PAC HORIZONS event took place in London on 15 November. The event was designed to bring together IT leaders for one day of insight, innovation, and networking. During the event, PAC analysts shared insights on pivotal IT market topics, offering a glimpse into what the future holds. Additionally, we presented our 2024 Research Agenda, which ...

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Our analyst, Mopia Kamdoum, at the Smart City Expo World Congress Mopia Kamdoum

Smart City Expo World Congress 2023: The Digital Twin and AI Make Cities Smarter

November 16, 2023

Fira de Barcelona opened its modern exhibition center in Gran Via, Barcelona, to host this year’s Smart City Expo World Congress. The spotlight was on improving life in urban areas and driving local actions to make urban infrastructures and administrations smarter and more sustainable. There were discussions about buildings and urban ...

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Additive manufacturing industry Arnold Vogt

Up or down – where is the additive manufacturing industry heading? Impressions from Formnext 2023

November 13, 2023

Formnext is an annual highlight for the additive manufacturing community. The 9th Formnext took place in Frankfurt on Nov 7-10, 2023, with 859 exhibitors (up from 802 in 2022). PAC took the opportunity to talk to leading vendors and start-ups in the additive manufacturing industry. Here are our key findings: Formnext 2023 marks the end ...

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Cybersécurité, data, cloud Franck Nassah

Cybersécurité, données, cloud… : les sujets de transformation ne manquent pas dans le secteur public

November 09, 2023

Le secteur dans son ensemble a été et restera très résilient car son fonctionnement est régi par des budgets de dépenses validés pour plusieurs années et il est très complexe de faire évoluer ces montants en cours de période.

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Cloud update trap Frank Naujoks

The cloud update trap

November 07, 2023

What happens when business solutions from the app store are no longer developed further? Microsoft is increasingly pushing its partners to provide industry applications via the cloud in its own AppSource store. When you ask around in the partner community, many comply with this wish as their status qualification also depends on it. This works ...

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Overview of the digital market with a focus on the triad of data, digital, and cloud Christophe Châlons

A look back at the highlights of our main 2023 event, PAC Horizons, in Frankfurt and Munich

October 30, 2023

We held our annual PAC HORIZONS events on October 17 in Frankfurt and October 24 in Munich, bringing together IT leaders for two days of insight, innovation, and networking.

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Trends and challenges in Belgium's IT & Software services market Sidney Siegertsz

PAC 2023 CxO Survey for Belgium – Trends and Challenges

October 27, 2023

Every year in Belgium, PAC asks CxOs from approximately a hundred organizations about their view and challenges in the Belgian market and where they are channeling IT investments to become an innovative, agile, resilient, and sustainable business. The topics covered range from IT challenges, budget changes, cloud deployment, business application ...

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SAP Discovery Day Romania 2023 - Key Insights Iulia Sandut

SAP Discovery Day Romania 2023 - Key Insights

October 26, 2023

On the 23rd of October, PAC participated in SAP Discovery Day Romania – Reinvent. The event brought together partners, customers, prospects, industry experts, and other stakeholders. It was an opportunity for the German technology vendor to highlight its interest in the local market, with significant development plans for the coming period. Of ...

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Rackspace is driving forward its repositioning and accelerating the adoption of AI solutions Karsten Leclerque

Rackspace is driving forward its repositioning and accelerating the adoption of AI solutions

October 19, 2023

PAC attended Rackspace’s event for advisors and analysts in the DACH region, where the provider presented the most recent milestones of its 25-year journey. Rackspace has developed from a provider of hosting products to the co-developer (together with NASA) of the OpenStack cloud computing platform to today’s positioning as a multi-cloud ...

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Quantum computing - a long race that is far from decided Wolfgang Schwab

Quantum computing - a long race that is far from decided

October 18, 2023

Quantum computing is still in its infancy. Most vendors are still in pure research mode, but some have introduced the first usable quantum computers for on-premises use or, more commonly, as a cloud service.

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Multibanking is gaining momentum among banks in Switzerland Aida Oganesov

Multibanking is gaining momentum among banks in Switzerland

October 18, 2023

Intro Opening the ecosystem to third-party providers has been pursued only cautiously by banks in Switzerland. While all banks in the EU have been obligated since September 2019 to implement PSD2 to foster innovation, Switzerland has opted for voluntariness (a market-driven approach). To encourage progress in the Swiss banking landscape regarding ...

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Google Cloud Next London 23: AI at the heart of the cloud Spencer Izard

Google Cloud Next London 23: AI at the heart of the cloud

October 16, 2023

PAC recently had the opportunity to attend the Google Cloud Next London 23 event. The event allowed Google to emphasise what they consider to be their differentiators in the highly competitive cloud hyperscaler market segment. It was an interesting event for PAC because the overwhelming focus of the messaging throughout the day was data and ...

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De l’impact économique aux cas d’usages et ROI  de l’IA générative Kristina Mikhnevich

De l’impact économique aux cas d’usages et ROI  de l’IA générative

October 13, 2023

Ce mercredi 11 octobre, l'Institut G9+ dont PAC est un mécène historique a réuni des experts des différents horizons pour discuter d’un sujet brulant d’actualité – l’IA générative.

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