The findings point to a disconnect between activity and outcomes. While 39% of Singapore respondents say their organisations have deployed generative AI across many use cases, matching the global average, the technology is being applied less consistently across departments.
Singapore is keeping pace with the rest of the world in deploying artificial intelligence (AI) but is falling well short when it comes to generating measurable returns. That gap is now translating into the lowest AI budget allocations among major markets surveyed.
Only 33% of Singapore-based respondents report quantified returns on their generative AI investments, compared to 49% globally, according to a report by Snowflake and research firm Omdia by Informa TechTarget. The study surveyed 2,050 business and technology leaders across 10 countries.
