In July 2017, Taiwan’s Ministry of Science and Technology unveiled its plans to establish four artificial intelligence (AI) innovation research centers across Taiwan, as it sees AI as a critical component of Taiwan’s competitiveness in the next 30 years. The goal is to nurture the right talent and emerging AI industries, while developing a strong ecosystem wherein innovation, talent and organisations can be brought together to realize the potential of AI implementation.
To understand Asia Pacific’s AI readiness, Seagate recently conducted a survey ― Data Pulse: Maximising the Potential of Artificial Intelligence. Here are three reasons Taiwan is on its way to a successful AI journey given its strong background in the ICT sector combined with the government’s support:
- More than half of organisations in Taiwan have already implemented AI (62%), and there are more to come in the next 12 months (76%)
Contrary to the idea that AI is a sci-fi concept that belongs in the distant future, our survey shows a high number of organisations in Taiwan have already embarked on their AI journeys. This cumulative experience has already started nurturing the growth of an AI ecosystem, culture, and people.
- The ubiquity of AI does not only exist in the IT sector, but in areas that permeate Taiwanese people’s daily lives as well
With Taiwan’s strong ICT background, it didn’t come as a surprise that AI is currently being implemented in the IT sector (58%). However, areas that permeate people’s daily lives, such as supply chain and logistics (73%), product innovation and R&D (56%), and customer support (50%) are also amongst the top sectors in which AI is implemented in Taiwan.
- 85% of Taiwanese organisations have consciously invested in data storage to ensure their readiness for AI, while it is believed that more is needed
Data is the lifeblood of AI. Without it, we cannot leverage AI to make insightful decisions without human intervention. A large percentage of Taiwanese organisations have realized the ever-increasing need for more data storage with increased AI implementation. In addition, their investments on data storage shows that they are moving a step forward on housing their data, the currency of the future, efficiently and securely.
With AI at the core of the Fourth Industrial Revolution, we believe businesses in Taiwan now have the opportunity to review their IT infrastructure, organisational investment and strategy, data security, as well as talent pool to gain a competitive edge in a data-driven future.
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.