AI Strategy stories - Page 13

AI Appreciation Day highlights the need for ethical, human-centred innovation as AI transforms industries like law and cybersecurity with fresh challenges.

Process Intelligence is bridging the gap in enterprise AI by providing operational context, boosting automation and transforming businesses globally.

Spectrum names Deane Jessep CTO to lead New Zealand's sovereign AI strategy, tackling cloud costs, data sovereignty, and AI governance in enterprise and government sectors.

A survey of 864 ANZ leaders reveals AI's hype often outpaces reality, with many firms stuck without clear strategy amid security and job concerns.

ANZ business leaders urge prioritising AI readiness and strategy to harness its transformative potential and address key data and infrastructure challenges.

New Zealand unveils its first national AI strategy to boost business innovation and GDP by NZD $76 billion by 2038, focusing on responsible adoption and skills.

Asia-Pacific leaders show the lowest confidence in AI effectiveness globally, yet 70% report steady ROI gains from current AI investments.

New Zealand has formed an AI Expert Advisory Panel led by Professor Michael Witbrock to guide responsible AI use in the public sector.

Canva has integrated OpenAI's ChatGPT, enabling users to streamline design workflows with AI-powered context-aware tools directly within its platform.

Forrester forecasts global generative AI spending to soar from USD $2.3bn in 2023 to USD $13.8bn in 2024, urging firms to optimise escalating costs strategically.

Teradata launches AI Factory, an on-premises solution integrating AI and ML tools for secure, compliant private AI in regulated sectors like healthcare and finance.

Over 40% of agentic AI projects are predicted to be cancelled by 2027 due to costs, unclear value, and risk issues, finds Gartner research.

Avoid three common pitfalls when using AI for customer experience: integrate with your systems, avoid costly overhauls, and balance speed with strategy for best results.

Only 12% of ANZ firms plan to hire AI leaders soon, as 46% cite security concerns as a major barrier to wider AI adoption despite optimism about its future impact.

TBWA New Zealand launches TBWA\i, a new AI-focused practice designed to help brands integrate AI for unique strategic and creative growth.

By 2027, AI agents will automate or augment half of all business decisions, driving faster, smarter outcomes but requiring strong governance, says Gartner.

Kore.ai and TeKnowledge have partnered to help enterprises scale AI adoption beyond pilots, enhancing customer service and business operations globally.

NTT DATA is the exclusive advisory partner for Plug and Play's AI Centres of Excellence across North America, supporting startups and corporates with AI innovation.

Agentic AI is transforming enterprise operations, but its success hinges on Process Intelligence providing timely, accurate insight into how businesses truly operate.

Australian asset management leaders are urged to prioritise strategic AI integration over hype, focusing on trust and solving real business problems first.