CFOtech Asia - Technology news for CFOs & financial decision-makers

AI Adoption stories - Page 3

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Australian financial leaders struggle with outdated data: study
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ai
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data classification
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financial services
A study by ActiveOps reveals 92% of Aussie financial leaders struggle with outdated data, hampering AI adoption, with 33% relying on data over two months old.
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NZ finance leaders struggle with outdated data & AI challenges
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ai
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data classification
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censuswide
A new study by ActiveOps highlights that 94% of financial operations leaders in New Zealand struggle to extract meaningful insights from their data, hindering effective AI adoption.
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Exclusive: Bugcrowd's Nick McKenzie discusses the evolving role of CISOs
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risk & compliance
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data privacy
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ai
Bugcrowd's CISO has shared insights into how the role of Chief Information Security Officers is evolving amidst growing cybersecurity challenges.
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Gen AI now top priority for Singaporean business leaders
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it training
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cx
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martech
Salesforce report reveals 87% of Singaporean C-suite executives rank generative AI among their top three priorities, urging rapid organisational adoption.
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FOMO driving AI investment among Australian IT leaders
Thu, 29th Aug 2024
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slm
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llms
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ai
Australian IT leaders exhibit high trust in AI but are investing less, with an average spend of $1.09 million, amid fears of falling behind.
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Zoom survey reveals global shift to hybrid work, AI adoption
Thu, 29th Aug 2024
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financial systems
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genai
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ai
A global survey by Zoom and Reworked INSIGHTS reveals that 83% of employees find hybrid work increases productivity, highlighting a shift towards more flexible work environments.
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AI automation: Does it automatically mean job cuts in mining?
Tue, 27th Aug 2024
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aiops
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genai
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ai
As AI transforms Australia's mining sector, fears of job cuts loom. But Orange Business argues that AI can enhance safety, efficiency, and job security.
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Exclusive: Elastic warns Australia is falling behind in Gen AI adoption
Tue, 27th Aug 2024
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data analytics
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hyperscale
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cx
Australia lags in generative AI adoption, risking a competitive edge as only 42% of companies embrace the tech compared to 81% in India.
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Private vs Public AI: Appian urges companies to know the difference
Tue, 27th Aug 2024
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low-code
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genai
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data privacy
Australian companies are being urged to grasp the difference between private and public AI to leverage AI benefits while safeguarding sensitive data.
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AI adoption surges among New Zealand businesses – report
Mon, 26th Aug 2024
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data analytics
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ai
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datacom
New Zealand businesses are rapidly embracing AI, with 67% now utilising the technology, up from 48% in 2023, according to Datacom’s latest research.
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Turnitin expands AI tools to combat grading biases in education
Fri, 23rd Aug 2024
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edutech
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ai
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learning
Turnitin introduces new AI-powered grading tools to combat bias and improve academic integrity, enhancing feedback and detection of AI-generated content.
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Latest Searce report reveals AI trends & challenges for 2024
Thu, 22nd Aug 2024
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data privacy
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skills gap
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growth
Searce's 2024 AI report highlights major financial commitments with nearly 10% of UK and US firms planning to invest over USD $25 million in AI, despite talent and security challenges.
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Singtel & Bridge Alliance partner to deliver AI solutions
Wed, 21st Aug 2024
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digital transformation
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ai
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nvidia
Singtel and Bridge Alliance will roll out GPU-as-a-Service across Southeast Asia, tapping AI's burgeoning demand in Thailand, Malaysia, and Indonesia.
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Yellow.ai launches Analyze to revolutionise customer service
Wed, 14th Aug 2024
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ai
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customer service
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deep learning
Yellow.ai has launched Analyze, an AI-powered solution offering detailed insights into customer-bot interactions, reducing ticket volume by 30% and increasing containment rates by 10%.
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Tapway introduces Vision AI platform SamurAI for enterprises
Wed, 14th Aug 2024
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low-code
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no-code
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software development
Tapway launches SamurAI, a Vision AI platform transforming raw video into actionable insights. Subscription starts at USD $25 monthly, expanding market reach in Southeast Asia.
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IT professionals in Europe wary of AI misinformation risks
Tue, 13th Aug 2024
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edutech
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it training
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data privacy
A survey by ISACA reveals that while European IT professionals see AI's potential benefits, significant concerns about detecting AI misinformation persist.
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Australia is calling for responsible Artificial Intelligence
Thu, 8th Aug 2024
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data privacy
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ai ethics
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ai models
Australia’s Senate inquiry highlights the urgent need for responsible AI, focusing on data integrity and privacy amid growing concerns of AI overtaking jobs.
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AI transforming DevOps: Tricentis 2024 report reveals impact
Wed, 7th Aug 2024
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it training
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devops
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apm
Tricentis' 2024 report highlights how AI is revolutionising DevOps, with 60% of practitioners prioritising AI in testing. Despite benefits, skills and regulation remain barriers.
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AI integration in manufacturing boosted by Zyxel Networks
Wed, 7th Aug 2024
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network infrastructure
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surveillance
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ai
Zyxel Networks' Nebula cloud solution addresses the challenges of AI integration in manufacturing, offering centralised management and AI-powered monitoring to boost efficiency.
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Surge in AI adoption amongst sales challenges in Singapore
Mon, 5th Aug 2024
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martech
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cdp
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productivity
Salesforce's latest report reveals rising challenges for sales teams, with 66% of professionals in Singapore finding it harder to meet customer expectations.