MORE INVESTMENTS ARE REQUIRED TO DRIVE AI ADOPTION IN AUSTRALIA

Australia is currently on a path of strong digital transformation. The government recently announced a more than US$270 million investment to modernize, transform and enhance the productivity of the Australian Public Service (APS) from 2017-2018. This will allow increased and closer collaboration with the Digital Transformation Agency (DTA) to develop platforms for various agencies to collect and access government data. An additional US$100 million will focus on the agencies’ transition to modern and sustainable operating models, such as upgraded information and communications technology systems.

 

 

In addition, the Australia 2030: Prosperity through Innovation roadmap prioritises machine learning and AI as significant strategic opportunities for the economy. More investments focused on AI and other emerging technologies are needed for better innovation that maximizes the potential of digital technology to drive productivity and effectiveness.

Based on findings from Seagate’s latest survey, Data Pulse: Maximising the Potential of Artificial Intelligence,many organizations in Australia are aware of the impact and value AI will bring but seem to remain cautious about its development. Here is what we found about organizations’ attitude towards AI in Australia from the survey:

  1. Many agree AI is important for their future development, with plans to adopt more in the near future.

About 88% of organizations in Australia believe that they need to implement AI to stay relevant in the near future, with 86% of them planning to adopt more AI solutions in the next 12 months.

  1. More than half of the organizations in Australia still face hurdles when it comes to understanding and applying AI within their business.

More than half of respondents (63%) are unsure of where to start with AI. They are aware more needs to be done to maximize the potential AI brings, with 92% agreeing that more investments should be made to understand the value of AI.

  1. Scepticism still exists in regard to the impact of AI.

Organizations in Australia remain unsure of the benefits of AI with 13% of the respondents disagreeing that AI will have an impact on daily life. In terms of driving productivity, 11% of the respondents from Australian organisations don’t believe that AI will deliver the necessary results.

About Data Pulse: Maximising the Potential of Artificial Intelligence

The study consists of 600 respondents comprising senior IT professionals in Australia, China, India, Singapore, South Korea and Taiwan. Each market had 100 respondents across multiple industries such as ICT, Retail, Manufacturing, Construction, Financial Services and Logistics. Seagate commissioned SPARC International to conduct the market research from December 2017 to January 2018.

 

 

2018-09-13T02:58:06+00:00

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