Survey: Filipino firms invest in AI, yet many struggle to harness its power
Most Filipino companies are investing in artificial intelligence (AI), but only a few are prepared to fully use its potential, according to a survey by global tech firm Cisco. Cisco revealed on Wednesday that 65% of local firms have allocated 10% to 30% of their IT budgets for AI adoption. READ: Don’t be scared of AI, small businesses told The AI investments focused on cybersecurity, IT infrastructure as well as data analytics and management. “The top three outcomes they aim to achieve include improving efficiency of systems, processes, operations and profitability; the ability to innovate and remain competitive; and growing […]…
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