Telcos Boost AI Budgets at MWC24
#MWC24 #Telcos #Increase #Budgets
Check out complete MWC Barcelona 2024 Showcase at: https://ngi.fyi/mwc24yt
To get a handle on how AI is impacting the telecoms sector, check out NVIDIA’s newly released survey of over 300 operators. Chris Penrose, Global Head Business Development – Telco from NVIDIA, provides some highlights:
– He discusses the key findings from NVIDIA’s second annual AI and Telecom report, highlighting the growing importance of AI in the telecom sector.
– Chris reveals that 56% of telecom companies believe AI is crucial for their future success, a significant increase from 42% last year.
– He also shares that 53% of respondents see AI as a source of competitive advantage, indicating how telecom companies are leveraging this technology to transform their operations and create new revenue streams.
– Critically, Chris mentions that 66% of telecom companies plan to increase their budget for AI infrastructure, showing a strong commitment to harnessing the power of AI in 2024.
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