Singapore's companies struggle to harness transformative power of AI, survey finds Singapore News -

  • 📰 IndependentSG
  • ⏱ Reading Time:
  • 71 sec. here
  • 3 min. at publisher
  • 📊 Quality Score:
  • News: 32%
  • Publisher: 72%

Business News News

Business Business Latest News,Business Business Headlines

SINGAPORE: While the adoption of artificial intelligence is growing rapidly in Singapore and across Asia-Pacific, a significant gap remains between AI’s potential and its impact on businesses, accord

ing to a recent survey by data center provider Digital Realty.

Only four out of 10 Singaporean companies view their AI applications as fully transformative, signaling that many are still grappling with leveraging AI for substantial changes in operations and innovation. This trend aligns with regional findings, as just one-quarter of Asia-Pacific companies currently consider their AI deployments transformative.Digital Realty’s findings show that over half of APAC businesses are still building the infrastructure required to support AI advancements.

Achieving success with AI in data-driven applications also requires advanced data exchange capabilities. Digital Realty highlights that data center providers play a critical role in establishing a unified platform that ensures secure data sharing across users, networks, cloud services, and IT systems.

To maximize AI’s transformative potential, companies need robust infrastructure capable of supporting AI’s intensive power and energy demands , proximity of AI workloads to data and users for optimal performance , and strict compliance with data privacy regulations and AI standards . The report highlights the pressing need for improved digital infrastructure and regulatory alignment to unlock AI’s full value in Singapore and the broader APAC region. Digital Realty’s survey suggests that without these enhancements, businesses may struggle to achieve the transformative benefits that AI promises.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.
We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 2. in BUSİNESS

Business Business Latest News, Business Business Headlines