To overcome these challenges, more than half (56%) of organisations across Asia Pacific are turning to low-code and no-code AI tools to simplify generative AI implementation.
AI-related investments in Asia Pacific are projected to outpace overall digital technology spending by 1.7 times, with generative artificial intelligence expected to have an estimated regional economic impact of US$1.6 trillion ($2.1 trillion) by 2027.
However, inconsistent, outdated, and biased data challenge an organisation’s ability to successfully scale generative AI initiatives. According to the study Qlik and Amazon Web Services commissioned to the International Data Corp, 80% of Asia Pacific organisations are rethinking data management as poor data quality, bias, and complex engineering cause one in five AI projects to fail.
