Would it shock you to learn that spending on artificial intelligence is on the rise? According to respondents of our Annual Quality Spending Survey, 55% of companies expect to increase their spending on AI for 2024.

In the fall of 2021, COVID-19 was a top concern for more than half of respondents in our September 2021 survey. Today that number is down to 17%, according to our Annual Quality Spending Survey, which surveyed subscribers in September 2022.

You have most likely heard it expressed as the battle between the irresistible force versus the immoveable object. More accurately, it is Newton’s Law, which, in part, states that a body at rest will stay at rest and a body in motion will stay in motion unless acted upon by another force.

While Taoist philosopher Lao Tsu was the first to make the statement, “Those who know do not speak. Those who speak do not know” part of his formal teachings, some form of the wisdom behind this statement has been attributed to such great philosophical minds as Socrates, Buddha, and Jesus.

Quality professionals are gearing up for another year of spending—on everything from CMMs to software to services—and most of you will be starting now. The first quarter of 2017 is spending season for quality professionals, and January in particular is the big spending month.

Although the holiday rush is over, this month is still the height of shopping season for quality professionals.

If you’ve ever wondered how your company’s spending patterns compare to others, we here at Quality Magazine aim to help.

Quality sat down with industry professionals to unlock the keys to effective budgeting.