AI Strategy stories - Page 10

APAC enterprises plan to boost AI and GenAI spending to USD $23.9bn by 2025, driven by growing adoption and strategic partnerships amidst talent and integration challenges.

Retail leads AI satisfaction in EMEA with 96% success rate, while healthcare outspends all sectors but faces challenges, says Lenovo's CIO Playbook 2025 study.

Hexaware has launched the Agentic AI Academy with upGrad Enterprise to upskill staff in autonomous AI, preparing them for the future of intelligent enterprise systems.

Lenovo posted record Q1 results with USD $18.8 billion revenue, driven by 39% APAC growth at USD $3.7 billion, excluding China, and doubled net income.

SER Group launches AI-powered Doxis bundles to boost SAP finance and procurement, enhancing automation and efficiency in purchase-to-pay and order-to-cash workflows.

Felipe Flores has been named Regional Senior Vice President of Data and AI at Endava, leading expansion of AI capabilities across the Asia-Pacific region.

In Marketing We Trust announces key leadership promotions and forms its first advisory board to accelerate global growth and enhance client services.

Kyndryl launches its Agentic AI Framework to securely deploy scalable AI agents that collaborate with human teams across diverse enterprise IT environments.

AI Appreciation Day highlights the need for ethical, human-centred innovation as AI transforms industries like law and cybersecurity with fresh challenges.

Asia-Pacific leaders show the lowest confidence in AI effectiveness globally, yet 70% report steady ROI gains from current AI investments.

Canva has integrated OpenAI's ChatGPT, enabling users to streamline design workflows with AI-powered context-aware tools directly within its platform.

Forrester forecasts global generative AI spending to soar from USD $2.3bn in 2023 to USD $13.8bn in 2024, urging firms to optimise escalating costs strategically.

Teradata launches AI Factory, an on-premises solution integrating AI and ML tools for secure, compliant private AI in regulated sectors like healthcare and finance.

Over 40% of agentic AI projects are predicted to be cancelled by 2027 due to costs, unclear value, and risk issues, finds Gartner research.

Avoid three common pitfalls when using AI for customer experience: integrate with your systems, avoid costly overhauls, and balance speed with strategy for best results.

By 2027, AI agents will automate or augment half of all business decisions, driving faster, smarter outcomes but requiring strong governance, says Gartner.

NTT DATA is the exclusive advisory partner for Plug and Play's AI Centres of Excellence across North America, supporting startups and corporates with AI innovation.

Cognite appoints Geir Engdahl as CTO of AI and James Sirota as Global Head of Engineering to drive its AI-first strategy in industrial sectors.

Nearly half of enterprise AI projects fail due to poor data readiness, with UK lagging behind in integration and infrastructure, reveals Fivetran research.

OpenAI's forum revealed how reasoning AI, like the new O-series models, is set to transform global economics, work, and international security strategies.