IoT Tech Expo: IoT, Blockchain and AI: the 3 Emerging Technologies Driving IT Spending in 2018

LONDON--(BUSINESS WIRE)--In 2018, worldwide IT spending is predicted to hit $3.7 trillion, an increase of 4.5% from 2017 according to a recent report by Gartner. The increase in spending will be driven by emerging technologies; IoT, Blockchain and AI are projected to be the key growth areas. Many feel the game-changer for emerging technologies lies in the convergence of IoT, Blockchain and AI. Recently IoT Tech Expo speaker, Cisco's Maciej Kranz* stated that 2018 will be the time when the leading technologies of today; AI, IoT and blockchain will converge to power new solutions. And we can already see an example of this from Porsche which is currently testing IoT, AI and blockchain technology solutions for smart cars.