February 29, 2024

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Taiwanese Companies Prioritise Deployment of AI

At least a quarter of Taiwanese companies have begun operationalising Artificial Intelligence (AI) in the organisation and reaping the business benefits, according to the latest State of Taiwan Enterprise AI report. A little less than 25% of respondents have either entered or moved past,  the level four stage of the Enterprise AI Maturity Cycle — the phase where AI is being operationalised in the organisation, with deployments showing business value.

Most Taiwanese companies — at over 83% of those surveyed overall — have begun the development and deployment phase of introducing AI and machine learning into their organisation. The report shows a strong level of commitment and action towards introducing AI and machine learning into organisations across the board.

Taiwanese enterprises are focused on AI to improve organisational efficiency. All the respondents ranked organisational efficiency higher than cost-cutting when considering their objectives for deploying AI. The fact that Taiwanese enterprises had higher deployment rates (20%, with some respondents claiming 50%) of models — mathematical algorithms trained using data — than the global rate (13%) is another indicator of just how much the organisations were concerned about improving efficiency.

Taiwan’s high model deployment rates were surprising, as they are considerably higher than previously published figures. This is likely due to the rapidly growing wealth of experience globally on successful model deployment in various use cases, and the information sharing of these successful case studies, have enabled Taiwanese enterprises to quickly learn and adopt these models, hence leading to higher success rates. Another reason is a strong focus on applicability in research. Any investment into AI projects would strongly focus on driving on its return and success rates.

While these driven approaches to AI adoption is effective for achieving quick wins, there is less exploratory research and experimentation on models that could push the frontier forward and deepen adoption. Access to quality data within the organisation remains a key obstacle in AI adoption. Two-thirds of the respondents (67.6%) respondents said they were unable to access the data they needed for their business applications and operations.

The State of Taiwan Enterprise AI 2021 report analysed the adoption of AI machine learning technologies and their applications by Taiwanese enterprises. It also drew comparisons between Taiwan and other economies to help local and global communities understand the AI transformation in enterprises.

According to an article, the government has assisted both the information and digital industries of the six core strategic industries to verify AIoT application services, thereby export to the international market.  National Development Council stated that Taiwan will continue to cooperate with t companies and optimise the AI development environment through investment, technology, and rearing talent.

Since there have been many high-quality AI companies, Taiwan will increase its investment and explore more AI teams this year. The Taiwanese government is confident that there will be several promising companies in the AI field in Taiwan.

As reported by OpenGov Asia, AI is becoming an increasingly prominent part of daily life in Taiwan and around the world. AI is also radically changing the way governments and businesses operate, with applications in computing, learning, reasoning, sensing and visual recognition promising to boost efficiency, productivity and profits.

Given its central role in the digital transformation of society, AI is being promoted alongside other revolutionary technologies such as 5G, Internet of Things (IoT) and semiconductors by Taiwan’s government. These technologies impact innovation by enabling new products, services and business models.

The convergence of 5G mobile broadband, AI, big data analytics, cloud computing and IoT is taking manufacturing and other industrial sectors to new heights of productivity and innovation. The positive impact of the Fourth Industrial Revolution, or Industry 4.0, can be fully realised through the wide-scale deployment of 5G in combination with other connectivity solutions.

PARTNER

Qlik’s vision is a data-literate world, where everyone can use data and analytics to improve decision-making and solve their most challenging problems. A private company, Qlik offers real-time data integration and analytics solutions, powered by Qlik Cloud, to close the gaps between data, insights and action. By transforming data into Active Intelligence, businesses can drive better decisions, improve revenue and profitability, and optimize customer relationships. Qlik serves more than 38,000 active customers in over 100 countries.

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CTC Global Singapore, a premier end-to-end IT solutions provider, is a fully owned subsidiary of ITOCHU Techno-Solutions Corporation (CTC) and ITOCHU Corporation.

Since 1972, CTC has established itself as one of the country’s top IT solutions providers. With 50 years of experience, headed by an experienced management team and staffed by over 200 qualified IT professionals, we support organizations with integrated IT solutions expertise in Autonomous IT, Cyber Security, Digital Transformation, Enterprise Cloud Infrastructure, Workplace Modernization and Professional Services.

Well-known for our strengths in system integration and consultation, CTC Global proves to be the preferred IT outsourcing destination for organizations all over Singapore today.

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Planview has one mission: to build the future of connected work. Our solutions enable organizations to connect the business from ideas to impact, empowering companies to accelerate the achievement of what matters most. Planview’s full spectrum of Portfolio Management and Work Management solutions creates an organizational focus on the strategic outcomes that matter and empowers teams to deliver their best work, no matter how they work. The comprehensive Planview platform and enterprise success model enables customers to deliver innovative, competitive products, services, and customer experiences. Headquartered in Austin, Texas, with locations around the world, Planview has more than 1,300 employees supporting 4,500 customers and 2.6 million users worldwide. For more information, visit www.planview.com.

SUPPORTING ORGANISATION

SIRIM is a premier industrial research and technology organisation in Malaysia, wholly-owned by the Minister​ of Finance Incorporated. With over forty years of experience and expertise, SIRIM is mandated as the machinery for research and technology development, and the national champion of quality. SIRIM has always played a major role in the development of the country’s private sector. By tapping into our expertise and knowledge base, we focus on developing new technologies and improvements in the manufacturing, technology and services sectors. We nurture Small Medium Enterprises (SME) growth with solutions for technology penetration and upgrading, making it an ideal technology partner for SMEs.

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HashiCorp provides infrastructure automation software for multi-cloud environments, enabling enterprises to unlock a common cloud operating model to provision, secure, connect, and run any application on any infrastructure. HashiCorp tools allow organizations to deliver applications faster by helping enterprises transition from manual processes and ITIL practices to self-service automation and DevOps practices. 

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IBM is a leading global hybrid cloud and AI, and business services provider. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs and gain the competitive edge in their industries. Nearly 3,000 government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and business services deliver open and flexible options to our clients. All of this is backed by IBM’s legendary commitment to trust, transparency, responsibility, inclusivity and service.

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