While some APAC businesses are still thinking of AI, others are already scaling their operations after a successful digital transition. Soon enough, there will be two sides to the story — the ones who adopted AI rapidly and are competitive in the new digital-first economy, and the others who didn’t and who aren’t.
Dataiku, the Everyday AI company, commissioned its third InfoBrief from IDC to provide updated data on the AI space in APAC as well as recommendations on accelerating outcomes from their AI investments. The report can be downloaded here. The new InfoBrief reveals:
- 39% of organisations in APAC have already invested in AI, showcasing a momentum of AI adoption in the region, paving the way for greater rollout, but leaving laggards behind.
- As AI adoption in APAC remains steady at 39%, businesses that have invested in AI will increase their spending by a five-year CAGR of 34%.
- Much of the growth is expected to come from organisations that have already adopted AI — having captured low-hanging opportunities, now multiplying use cases of larger scope and complexity, driving more business value down the road.
- An impressive jump from 2020 to 2021 in companies planning to spend more on AI, with around 75% of them expecting to spend more than 10% of their technology spend on AI alone.
While spending on AI in APAC — boosted by unprecedented digital transformation speed — is expected to reach $32 billion in 2025, the lack of momentum among the laggards and the continued improvement among the leaders suggest an increasing and potentially self-perpetuating divide.