APAC firms recognise AI as competitive advantage, but see corporate culture as key challenge

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Some 80 percent of business decision makers in Asia-Pacific recognise the importance of artificial intelligence (AI) in ensuring their company’s competitive advantage, but just 41 percent have actually begun deploying such tools. Amongst those that have done so, the lack of leadership commitment and skillsets are the top barriers they face, reveals a new study conducted by IDC and Microsoft. 

These AI adopters also pointed to a lack of tools and infrastructure to apply actionable insights as a key challenge, according to the study, which polled 1,605 business decision makers and 1,585 employees across 15 markets in the region, including Singapore, China, India, Japan, Indonesia, Australia, and Vietnam. Respondents were from verticals such as government, healthcare, financial services, and automotive.