The use of Artificial Intelligence (AI) is rapidly becoming a key part of business operations in the Asia-Pacific region. According to a new report, 90% of enterprises in the APAC region plan to deploy AI over the next 12 months.
This finding comes from an IDC survey conducted among 1,000 IT decision makers across 10 countries and territories in the APAC region. The survey revealed that businesses are increasingly recognizing AI as an important tool for driving innovation and improving customer experience. It also found that most organizations have already implemented some form of AI technology or plan to do so within the next year.
The majority (80%) of respondents said they had either deployed or planned to deploy AI solutions such as machine learning, natural language processing, computer vision, and robotic process automation by 2021. Of those who had already adopted these technologies, nearly half reported positive results from their investments in terms of improved efficiency and cost savings.
In addition to its potential benefits for businesses’ bottom lines, many organizations are also turning towards AI because it can help them better understand their customers’ needs and preferences through data analysis and predictive analytics capabilities. This insight can then be used to create more personalized experiences for customers while helping companies stay ahead of competitors with innovative products or services tailored specifically for their target audiences.
However, despite its potential advantages there are still challenges associated with implementing AI solutions effectively – particularly when it comes to data security concerns which remain top-of-mind for many executives due to recent high profile breaches involving sensitive information being leaked online or stolen by hackers. To address this issue successfully requires careful planning around how data will be stored securely both on premises and offsite as well as ensuring appropriate access controls are put into place so only authorized personnel can access confidential information at any given time if needed..
In order to maximize returns on investment from deploying artificial intelligence technologies it is essential that organizations take steps now not just invest resources but also ensure proper governance structures are established before implementation begins – including setting up clear policies regarding usage rights & responsibilities related activities like training staff on best practices using these tools safely & responsibly etc… Additionally having strong internal processes place such regular reviews performance metrics tracking progress against goals etc… will all help ensure successful outcomes long term success going forward too!
Overall though despite some initial hurdles involved getting started with deploying artificial intelligence solutions – there’s no doubt that doing so could bring significant rewards both financially operationally strategically speaking making worthwhile endeavor worth considering investing time effort money into today!