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CIOs Brace for Higher Memory Costs in 2027 Amid Global IT Spend Hike

Summary by ciodive.com
“As much as CIOs are worried about the cost of AI today, it’s not going to be this low again,” said John-David Lovelock, distinguished VP analyst at Gartner.

5 Articles

The driver is AI infrastructure: Expenditure on data center systems is expected to rise by 55.5 percent. Storage prices have more than doubled.

Gartner anticipates that global spending on information technology will grow 15% by 2027, driven by AI’s infrastructure and software. At the same time, demand for data centres pushes memory prices and could fuel equipment and services for businesses.

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As a result of the rise in artificial intelligence, global IT spending is expected to rise to the US$7,000 billion threshold for the first time in 2027, according to Gartner. Datacenter infrastructure concentrates the bulk of this dynamic, while the surge in memory prices could have an impact on demand. Gartner anticipates a further acceleration of [...]

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ciodive.com broke the news on Wednesday, October 21, 2026.
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