Artificial Intelligence and cybersecurity grows prominence in Q2 2024 company filings, according to GlobalData’s latest report, “Company Filings Analytics Trends & Signals – Q2 2024,” highlights the evolving priorities in corporate strategies, according to GlobalData, a leading data and analytics company.
AI and cybersecurity
The report revealed that companies discussed the importance of cybersecurity measures and AI as a theme also saw growth in mentions. Companies are also considering AI investments, partnerships, and expansion plans. Mentions of generative by filer companies increased in Q2 2024, compared to the same previous quarter.
“The evolving emphasis on AI and cybersecurity underscores a growing recognition that future competitiveness hinges on technological adoption. As businesses navigate these priorities, sectors like retail and packaging must innovate to align with consumer shifts and operational challenges. The trajectory suggests a broader digital transformation is imperative to sustain growth,” Misa Singh, business fundamentals analyst at GlobalData, said.
Leveraging AI
The report found that companies use AI to improve customer experiences and risk modeling. Technology companies use digital technology such as hybrid cloud transformation, cybersecurity enhancements, and generative AI adoption.
However, evolving consumer preferences, rising raw material costs, and supply chain disruption impact packaging and retail industries.
“Companies were subject to a significant shift in consumer preference,which led them to embrace personalisation and unique offerings to enhance the shopping experience and drive growth. The US was trending with discussions around technology and growth roadmaps with investments in manufacturing and R&D facilities,” said Singh.
