Only 25% of organisations in Hong Kong are fully prepared to deploy and use AI, according to the AI Readiness Index by Cisco which surveyed over 8,000 global companies.
“Hong Kong’s business community can now see the extent of its preparedness for the impending wave of AI-related changes that will sweep the world over the next few years. At the moment, it’s severely inadequate. Our new index shows the city has major gaps in readiness in a range of areas where AI is set to have a profound impact,” said Iris Feng, general manager of Cisco Hong Kong, Macau, and South China.
AI-centric future
The findings reveal that companies in Hong Kong are more proactive in preparing for an AI-centric future. Around 95% of organisations in Hong Kong already have an existing AI strategy or are in the process of developing one. The majority (81%) say their organisation is embracing AI with a moderate to a high level of urgency and only 3% said they were resistant to change.
“As companies rush to deploy AI solutions, they must assess where investments are needed to ensure their infrastructure can best support the demands of AI workloads,” said Liz Centoni, executive vice president and general manager, of applications and chief strategy officer, Cisco. “Organisations also need to be able to observe with context how AI is being used to ensure ROI, security, and especially responsibility.”
