Better business insights, process automation, and improved productivity were noted as the top 3 drivers for adopting AI in Southeast Asia, according to a recent survey conducted by IDC. The concurrent explosion in data and exponential increase in computing over the last decade has pushed AI to a critical tipping point. Companies and organizations are now able to leverage AI as not just a means to cut costs, but as a major competitive advantage that drives future revenue growth.
However, early adopters are the ones capitalizing most from the AI boom. By implementing AI early-on, companies such as Google, Amazon, Alibaba, and the like have been able to monopolize key talent pipelines and datasets that collectively erect a protective moat against late-movers.
That said, Southeast Asia is still a nascent battlefield, with AI adoption only standing at 14% out of all respondents surveyed. Meaning, now is the time to act. Though, it’s important to note that AI is not a magic wand--end-all, be-all solution to turnaround a business if you will. AI should be considered as a complementary tool to help people access and process information in a more efficient matter.
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