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Over six in ten Singapore firms are optimising or formalising AI implementation

Nurdianah Md Nur
Nurdianah Md Nur • 2 min read
Over six in ten Singapore firms are optimising or formalising AI implementation
Yet, 35% of them still find it challenging to align their AI/ML strategies to the business: Rackspace Technology
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Singapore firms view artificial intelligence (AI) and machine learning (ML) as key strategic technologies.

More than two-thirds are employing AI/ML as part of their business strategy and allocating between 6% and 10% of their budget to such projects.

Sixty-seven percent also said their AI/ML projects have gone past the experimentation stage and are now either in the "optimising/innovating" or "formalising" stages of implementation.

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