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Home Technology Big Data, Analytics & Intelligence

Infrastructure, cybersecurity, and customer experience to drive major revenue shift to AI

FutureCIO Editors by FutureCIO Editors
October 29, 2024
Image by Tung Nguyen from Pixabay

Image by Tung Nguyen from Pixabay

Cisco’s new Global AI Partners Study, titled Bridging the Customer AI Readiness Gap—The opportunities ahead for partners, revealed that 44% of IT partners in Asia Pacific believe the demand for AI-related technology investments will grow by more than 75% in the next four to five years. IT partners believe that infrastructure (31%), cybersecurity (17%), and customer experience (9%)will drive AI technology demand in the coming years. 

Alex Pujols
Alex Pujols

“The potential for AI to transform business operations is immense, and realising this requires a concerted effort to strengthen our partners’ practical deployment capabilities,” said Alex Pujols, VP of Global Partner Engineering at Cisco. “This study highlights the significant revenue opportunities for IT partners to lead AI deployment. By focusing on AI readiness, Cisco and its valued partner ecosystem are well-positioned to drive transformative outcomes for our customers and leverage the opportunities of the AI era.”

In Asia-Pacific, 40% of the surveyed partners believe that over 50% of their revenue will come from AI-related technologies over the next four to five years. (Photo from Cisco)

Confidence and investments

The findings indicate that partners in Asia-Pacific show strong confidence in their knowledge and understanding of deploying AI technologies. However, they also understand the challenges they need to address, such as inexperience in deploying new technologies (64%), lack of knowledge of systems and processes (54%), and a lack of available technologies (52%).

The study found that 80% of Asia Pacific partners already conduct internal training or invite external vendors to provide specialised training in AI-related competencies.

Iris Feng
Iris Feng

“Cisco reaffirms the critical importance of capitalising on the power of AI alongside resilient cybersecurity, particularly in light of the Hong Kong Government’s commitment to the development of digital government and smart city through the use of AI, as indicated in the recent Policy Address,” said Iris Feng, general manager of Cisco Hong Kong, Macau, and South China.

Related:  UiPath launches Test Cloud to bring AI agents to software testing 
Tags: Artificial IntelligenceCiscocybersecuritydigital transformation
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