What Singapore businesses need to get ahead in the AI race
By getting rid of silos and unifying data and the teams that work on tech, firms can extract valuable insights from AI
Add BT as a preferred source
IT'S no secret that artificial intelligence (AI) has the potential to transform the way we live, work and play. In fact, it's already happening all around us in Singapore, from chatbots being trialled in managing hospital appointments to robotic lawn mowers cutting grass in the Botanic Gardens.
With the global AI market expected to generate upwards of US$35,870 million in revenue by 2025, it's no surprise that Singapore is taking every action to ensure a strong position in the AI race.
According to a recent report by Accenture, AI could add up to US$215 billion in gross value across 11 industries in Singapore by 2035, reinvigorating the city-state's economy via increased efficiency, productivity and investment.
Copyright SPH Media. All rights reserved.
TRENDING NOW
Middle East-linked energy supply shocks put Asean Power Grid back in focus
Thai and Vietnamese farmers may stop planting rice because of the Iran war. Here’s why
How China’s young workers are securing their future even as AI disrupts job market, triggers pay cuts
As more Asean states turn to Russia for fuel, will Moscow boost its influence in the region?
