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You are at:Home » IBM: Organizations are poised to realize the full potential of GenAI in business operations
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IBM: Organizations are poised to realize the full potential of GenAI in business operations

Adnan MaharBy Adnan MaharDecember 23, 2024No Comments2 Mins Read0 Views
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Organizations are beyond the early stages of artificial intelligence (AI) adoption, with many organizations in the Asia Pacific (Apac) region on track to achieve desired return on investment (ROI) by 2025, according to new research from technology giant IBM. He says he is aiming for it.

The new report, titled ‘Apac AI Outlook 2025’, was commissioned by IBM and conducted by research and advisory firm Ecosystm. It found that almost 60% of surveyed organizations in Asia Pacific expect to realize the benefits of their AI investments within two to five years, compared to Only 11% of organizations have

The findings show that organizations view AI as a long-term investment and believe scaling up is essential to maximize its potential. To achieve this, we expect many companies to prioritize the adoption of impact-focused use cases and the integration of generative AI (GenAI) into their core business processes.

The report also notes that open source AI models are likely to be in high demand as a replacement for existing applications. These “right-sized AI” solutions have a smaller carbon footprint compared to large-scale language models (LLMs), while requiring less complex skill sets to design and deploy.

This democratization of AI could encourage companies across the region to adopt open source models for innovation. These models not only streamline management processes, but also offer greater flexibility, cost efficiency, and enhanced security.

The outlook further highlighted the growing role of agent AI in simplifying repetitive tasks and collaborating with employees. IBM expects this configuration to improve operational efficiency, customer experience, and decision-making.

Despite concerns about job losses, the report highlighted that AI technology can help employees perform their roles more effectively. Human-centered innovation focuses on automation while unlocking the creative potential of employees.

“By prioritizing the empathetic design of AI solutions, organizations can also foster stronger customer relationships and increase brand loyalty,” the report concludes.

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Adnan Mahar
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Adnan is a passionate doctor from Pakistan with a keen interest in exploring the world of politics, sports, and international affairs. As an avid reader and lifelong learner, he is deeply committed to sharing insights, perspectives, and thought-provoking ideas. His journey combines a love for knowledge with an analytical approach to current events, aiming to inspire meaningful conversations and broaden understanding across a wide range of topics.

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