By using this site, you agree to the Privacy Policy and Terms of Use.
Accept
EveryTechEverEveryTechEver
  • News
    NewsShow More
    QUBE Launches The Country’s First Fully Functional 360° Smart Locker Technology
    September 21, 2023
    BEXCS Logistics Expands Its Reach with a New Branch in West Quezon City
    September 19, 2023
    Uplifting Telecommunities with Reliable Connectivity: DITO bags Opensignal Awards
    September 19, 2023
    Instagram Threads: Fading Hype Since Launch
    September 17, 2023
    See You on the Court: NBA 2K24 Now Available Worldwide
    September 10, 2023
  • Tech
    • Mobile
    • Computing
    • Auto
    • Cybersecurity
    • FinTech
  • Gaming
    GamingShow More
    NBA 2K24 Introduces New Updates to MyNBA and The W for PlayStation 5 and Xbox
    August 25, 2023
    Predator announces Predator League 2024 Philippine Qualifiers
    July 16, 2023
    Epson launches Smart Gaming Projector EH-TW6250
    May 18, 2023
    Axgon PH is VP Choice Awards’ PC Accessory of the Year
    April 6, 2023
    Acer is still the Leader of Notebook sales in PH
    February 8, 2023
  • Lifestyle
    • Entertainment
    • Shopping
    • Appliances
    • Wellness
  • How-To
  • Reviews
    ReviewsShow More
    vivo Y36 Review: The Chic Powerhouse Smartphone
    HONOR 90 5G Review: A Stylish Mid-Range Marvel
    Redmi Note 12 Pro 5G: Balance of Power and Affordability
    HUAWEI Matepad SE 10.4-inch Review
    Samsung Galaxy A54 5G Review: The best A-series yet
  • About Us
    • Contact Us
Search
© 2023 EveryTechEver. Your daily source of everything tech. All Rights Reserved.
Reading: Kyndryl reports insights for Business AI
Share
Sign In
Notification Show More
Aa
EveryTechEverEveryTechEver
Aa
Search
  • News
  • Tech
    • Mobile
    • Computing
    • Auto
    • Cybersecurity
    • FinTech
  • Gaming
  • Lifestyle
    • Entertainment
    • Shopping
    • Appliances
    • Wellness
  • How-To
  • Reviews
  • About Us
    • Contact Us
Have an existing account? Sign In
Follow US
© 2023 EveryTechEver. Your daily source of everything tech. All Rights Reserved.
EveryTechEver > Blog > Tech > Artificial Intelligence > Kyndryl reports insights for Business AI
Artificial IntelligenceTech

Kyndryl reports insights for Business AI

The latest research report unveils key insights to help organizations build scalable AI and become data-first

Team EveryTechEver
Last updated: 2023/02/09 at 8:51 PM
Team EveryTechEver
Share
6 Min Read
SHARE

Kyndryl, the world’s largest IT infrastructure services provider, recently launched a report, “5 Insights to Help Organizations Build Scalable AI”, in collaboration with technology research and advisory firm Ecosystm. The report, which uses feedback from five hundred C-suite leaders across ASEAN, aims to address data and AI challenges faced by organizations in ASEAN, and provide recommendations for them to build scalable strategies that deliver business impact.

Every successful organization today has embraced digital transformation, with data and AI initiatives at the core. However, ASEAN sees some common challenges that have disrupted the effective implementation of data and AI solutions. The study results found that 48% of participants remain challenged with integrating AI solutions with existing systems, 38% with collecting data from multiple internal sources, and 34% with the quality of data.

Based on the study results, the joint research report offers several key insights to guide organizations as they look into building scalable AI. These include:

Data Access a Key Stumbling Block 

The report reveals that the maturity level of Data and AI adoption across ASEAN varies, and only 7% of participants focus on building the right data and AI foundation. True insights can only be derived from a consistent and complete dataset that has no data gaps. Building that dataset requires key conditions such as a focus on clean and trusted data, a data interoperability strategy, and synthetic data generation to bridge data gaps. 

- Advertisement -

Organizations Need Data Creativity 

A true data-first organization derives value from their data and AI investments across the entire organization, and organizations in ASEAN recognize that. Over the next two years from 2023 through 2024, 77% of participants will increase the use of AI and Data solutions for customer experience, 75% for human resources and 72% for marketing. The returns on investment will be measured in financial terms internally such as increase in profit margins, cost optimization, reduction of operating costs, and so on – across all lines of business, including IT. This will help identify and prioritize business cases for data.

Governance Not Built into Organizational Psyche 

According to the report, lack of an internal policy and limited understanding of the risks (36%) are the two biggest challenges of an effective data governance policy in ASEAN. Data governance policies formulated by data-first organizations should include accountability and ownership guidelines, standardized regulations, a dedicated data stewardship team and a regular process for re-evaluation of the policies set up.

Lack of End-to-End Data Lifecycle Management 

It is critical for organizations to have observability, intelligence, and automation built into the entire data lifecycle. Building a data infrastructure that is ready for current needs but may not be able to support future business requirements as data continues to proliferate, represents a myopic view. An enterprise Data Fabric, on the other hand, futureproofs organizations as it speeds up and simplifies access to data assets across the entire business. The metadata generated by the Data Fabric will include business, technical, and operational data, which can generate insights for the entire business if managed intelligently.

Democratization of Data and AI Should Be the Goal 

The true value of data and AI solutions will be fully realized when the people who benefit from the solutions are the actual users managing the solutions and running the queries. However, only 10% of organizations in ASEAN have business teams managing or maintaining AI solutions. Building scalable AI will require organizations to empower citizen data scientists through training, and access to user friendly tools that help them gather the right information for the right insights and make data-driven decisions a norm for the business.

“Executives across the ASEAN region understand that data is the foundation of their innovation and transformation journey. However, building and implementing a holistic data strategy is not easy and we see common challenges around data integration, quality and governance” says Ullrich Loeffler, CEO of Ecosystm. “Trust in the data and subsequent AI models is critical to truly embrace a data driven DNA across the organisation and this trust in the data layer is missing in the majority of organisations today.”

“Data and AI initiatives across organizations in the Philippines are surging as they seek to drive growth, transformation and sustainability agendas. IT and business leaders see potential in leveraging Data and AI to unlock real-time insights and deliver the agility that is required to succeed in today’s competitive and volatile market,” said Wilson Go, Managing Director, Kyndryl Philippines. “To truly embark on their transformation journeys, organizations need a strong data management ecosystem as the foundation. Kyndryl’s deep expertise in Data Management and AI can help them achieve this – starting with consulting through to execution and ongoing management of their data landscape.”

You Might Also Like

Why switch to DITO Mobile Postpaid FLEXPlans

DITO introduces five new prepaid offerings to elevate your mobile experiences

Kickstart Your iPhone 11 Experience with Home Credit’s 0% Interest Promo

Globe is Most Consistent Fixed Broadband Provider in 31 locations across PH for Q2 2023

Switch gears to the “ber” months and level up with Maya

TAGGED: Artificial Intelligence, kyndryl

Sign Up For Daily Newsletter

Be keep up! Get the latest breaking news delivered straight to your inbox.
I have read and agree to the terms & conditions
By signing up, you agree to our Terms of Use and acknowledge the data practices in our Privacy Policy. You may unsubscribe at any time.
Team EveryTechEver February 9, 2023 February 9, 2023
Share This Article
Facebook Twitter Copy Link Print
Share
By Team EveryTechEver
Zup Techies! Team EveryTechEver is our admin account for Press Releases. You can get in touch with us at [email protected].
Previous Article Globe Dominates Netflix Speed Index in 2022
Next Article Power Mac Center treats music lovers to special Valentine’s Day deals
Leave a comment Leave a comment

Leave a ReplyCancel reply

Stay Connected

235.3k Followers Like
69.1k Followers Follow
11.6k Followers Pin
56.4k Followers Follow
136k Subscribers Subscribe
4.4k Followers Follow
- Advertisement -
Ad imageAd image

Latest News

vivo launches V29 Series in Philippines
Mobile September 28, 2023
Xiaomi announces global launch of Xiaomi 13T Series
Mobile September 28, 2023
HONOR 90 Lite 5G now official in the Philippines
Mobile September 27, 2023
HONOR Sets New Standard with HONOR X6a, priced at only Php 6,990
Mobile September 27, 2023
//

Your daily source of everything tech.

//

We influence 20 million users and is the number one business and technology news network on the planet

Sign Up for Our Newsletter

Subscribe to our newsletter to get our newest articles instantly!

EveryTechEverEveryTechEver
Follow US
© 2023 EveryTechEver. Your daily source of everything tech. All Rights Reserved.
  • Privacy Policy
  • Terms of Service
  • Contact Us
 

Loading Comments...
 

    adbanner
    AdBlock Detected
    Hey Techie, our site is an advertising supported site. Please whitelist to support our site!
    Okay, I'll Whitelist
    Welcome Back!

    Sign in to your account

    Lost your password?