Asia’s vision to introduce the AI

In Asian countries, artificial intelligence is adapting to disruptive capacity, with China in the lead. But in a diverse region in which access to the Internet is very restricted, progress still has a long way to go, according to Lawrence Yeo.

According to the US research company Forrester, companies are adopting artificial intelligence (AI) to reinvent their business models, they understand AI as a complete disruptive force.

Investment and adoption in Asia has jumped significantly between 2016 and 2017, led by China (from a growth of 31% to 61%) and India (from a growth of 29% to 69%). Spending on AI systems in Asia, excluding Japan, is expected to reach $ 4.6bn in 2021, with a compound annual growth rate of 72.9% between 2016 and 2021, according to data provider IDC2.

What stands out among Asian companies is the heavy focus on strategic, longer term objectives and high compared with other regions and global enterprises. These firms prioritize industry disruption and new product development higher than other regions and global enterprises. Internal investments are driven by the marketing, sales and customer support areas that are developing cognitive products and engaging with customers through intelligent agents.

April 06, 2018
Read more here: https://www.fdiintelligence.com/Locations/Asia-Pacific/China/View-from-Asia-The-push-to-introduce-AI