• About
  • Subscribe
  • Contact
Friday, May 9, 2025
    Login
  • Management Leadership
    • Growth Strategies
    • Finance
    • Operations
    • Sales and Marketing
    • Careers
  • Technology
    • Infrastructure and Platforms
    • Business Applications and Databases
    • Big Data, Analytics and Intelligence
    • Security
  • Industry Verticals
    • Finance and Insurance
    • Manufacturing
    • Logistics and Transportation
    • Retail and Wholesale
    • Hospitality and Tourism
    • Government and Public Services
    • Utilities
    • Media and Telecommunications
  • Resources
    • Whitepapers
    • PodChats
    • Videos
  • Events
No Result
View All Result
  • Management Leadership
    • Growth Strategies
    • Finance
    • Operations
    • Sales and Marketing
    • Careers
  • Technology
    • Infrastructure and Platforms
    • Business Applications and Databases
    • Big Data, Analytics and Intelligence
    • Security
  • Industry Verticals
    • Finance and Insurance
    • Manufacturing
    • Logistics and Transportation
    • Retail and Wholesale
    • Hospitality and Tourism
    • Government and Public Services
    • Utilities
    • Media and Telecommunications
  • Resources
    • Whitepapers
    • PodChats
    • Videos
  • Events
No Result
View All Result
No Result
View All Result
Home Technology Big Data, Analytics & Intelligence

Study finds 74% of ASEAN enterprises train LLM models with enterprise data 

FutureCIO Editors by FutureCIO Editors
December 3, 2024
Photo by Mikhail Nilov: https://www.pexels.com/photo/a-man-looking-at-a-computer-screen-with-data-6963944/

Photo by Mikhail Nilov: https://www.pexels.com/photo/a-man-looking-at-a-computer-screen-with-data-6963944/

Databricks’ new Economist Impact report, “Unlocking Enterprise AI: Opportunities and Strategies,” reveals that 74% of ASEAN enterprises train their large language models (LLMs) with enterprise data.

In contrast, 49% of  APAC still rely on general-purpose LLMs without contextual enterprise data, which lack the quality, governance, and evaluative capabilities that enterprise-specific data can bring. 

“From classic machine learning to generative AI, the business world’s obsession with AI isn’t letting up. But our findings show that, for many organisations, the real value comes when the technology is unleashed on their proprietary data to develop data intelligence,” said Tamzin Booth, editorial director of Economist Impact.

GenAI adoption

The report, based on 1,100 technical executives and technologists from 19 countries, including 100 respondents from ASEAN, revealed that most ASEAN enterprises (91%) use GenAI in at least one function. Still, only 32% believe their GenAI applications are production-ready.

Respondents across the Asia Pacific region cite cost (40%), skills (38%), governance (38%), and quality (33%) as their main hindrances. 

Most ASEAN respondents (77%) believe AI is crucial to their long-term goals. However, 37% believe investment across technical and non-technical domains is insufficient.

Moreover, an overwhelming 99% of all ASEAN respondents expect GenAI adoption across both internal and external use cases by 2027.

Cecily Ng

“This report from Economist Impact showcases why data intelligence is essential and why the winners in each industry will be those who take a holistic approach that encompasses data management, governance, and domain-specific expertise,” said Cecily Ng, vice president and general manager for ASEAN at Databricks.

Related:  Fujitsu trials customer service AI at Japan’s supermarket chain
Tags: Artificial IntelligenceDatabricksEconomist Impactgenerative AI
FutureCIO Editors

FutureCIO Editors

No Result
View All Result

Recent Posts

  • ARTHALAND chooses OutSystems to advance real estate sustainability
  • Experts warn against AI-powered deepfake impersonation scams
  • Dropbox updates universal search and knowledge management product
  • Agentic AI-powered AppSec platform launched for the AI era
  • IDC forecasts GenAI alone will grow at a 59.2% CAGR

Live Poll

Categories

  • Big Data, Analytics & Intelligence
  • Business Applications & Databases
  • Business-IT Alignment
  • Careers
  • Case Studies
  • CISO
  • CISO strategies
  • Cloud, Virtualization, Operating Environments and Middleware
  • Computer, Storage, Networks, Connectivity
  • Corporate Social Responsibility
  • Customer Experience / Engagement
  • Cyber risk management
  • Cyberattacks and data breaches
  • Cybersecurity careers
  • Cybersecurity operations
  • Education
  • Education
  • Finance
  • Finance & Insurance
  • FutureCISO
  • General
  • Governance, Risk and Compliance
  • Government and Public Services
  • Growth Strategies
  • Hospitality & Tourism
  • HR, education and Training
  • Industry Verticals
  • Infrastructure & Platforms
  • Insider threats
  • Latest Stories
  • Logistics & Transportation
  • Management Leadership
  • Manufacturing
  • Media and Telecommunications
  • News Stories
  • Operations
  • Opinion
  • Opinions
  • People
  • Process
  • Remote work
  • Retail & Wholesale
  • Sales & Marketing
  • Security
  • Tactics and Strategies
  • Technology
  • Utilities
  • Videos
  • Vulnerabilities and threats
  • White Papers

Strategic Insights for Chief Information Officers

FutureCIO is about enabling the CIO, his team, the leadership and the enterprise through shared expertise, know-how and experience - through a community of shared interests and goals. It is also about discovering unknown best practices that will help realize new business models.

Quick Links

  • Videos
  • Resources
  • Subscribe
  • Contact

Cxociety Media Brands

  • FutureIoT
  • FutureCFO
  • FutureCIO

Categories

  • Privacy Policy
  • Terms of Use
  • Cookie Policy

Copyright © 2022 Cxociety Pte Ltd | Designed by Pixl

Login to your account below

or

Not a member yet? Register here

Forgotten Password?

Fill the forms bellow to register

All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
No Result
View All Result
  • Management Leadership
    • Growth Strategies
    • Finance
    • Operations
    • Sales and Marketing
    • Careers
  • Technology
    • Infrastructure and Platforms
    • Business Applications and Databases
    • Big Data, Analytics and Intelligence
    • Security
  • Industry Verticals
    • Finance and Insurance
    • Manufacturing
    • Logistics and Transportation
    • Retail and Wholesale
    • Hospitality and Tourism
    • Government and Public Services
    • Utilities
    • Media and Telecommunications
  • Resources
    • Whitepapers
    • PodChats
    • Videos
  • Events
Login

Copyright © 2022 Cxociety Pte Ltd | Designed by Pixl

Subscribe