According to a new report from Avanade, nearly half of the mid-market organisations in the Asia Pacific are stuck at the business case (48%) or proof of concept (44%) stage despite being bullish about AI.
“Asia Pacific is a dynamic economic region with its present and future success underpinned by diverse demographics, regional collaboration, and tremendous potential for high growth. Coupled with rapid advancement in artificial intelligence (AI) and the region’s appetite for innovation, mid-market companies in the Asia Pacific are at a pivotal juncture of their growth and transformation,” Bhavya Kapoor, Avanade’s president for Asia Pacific, said.
Bullish about AI
According to the report “Avanade Trendlines: AI Value Report 2025,” the top goal for 2025 is using AI tools to drive new revenue while building a collaborative workplace culture. The report also revealed that most mid-market organisations in the region (87%) expect to increase their budgets for genAI projects by up to 50%.
Pressing concerns
However, the report revealed pressing concerns around technology infrastructure and data security, with 95% of leaders fast-tracking plans to modernise legacy systems.
Moreover, 76% say poor data quality and governance hinder AI progress.
An overwhelming 94% said that sensitive data protection is critical. Companies also plan to implement new data platforms (44%) and set governance standards (41%).
Unleashing potential
“With the right partnership and strategic guidance, mid-market companies can leverage technologies like AI to unleash their potential and emerge as the next generation of market leaders and industry titans,” Kapoor added.
The report is on insights from 4,100 global business and IT decision-makers in Asia Pacific.
