Tired of ads? Enjoy an ad-free experience by signing up.
👩‍🍳 How we use AI at Tech in Asia, thoughtfully and responsibly.
🧔‍♂️ A friendly human may check it before it goes live. More news here

Asian firms plan bigger AI budgets, Alibaba Cloud says

A NielsenIQ survey commissioned by Alibaba Cloud, Alibaba Group’s cloud unit, found that 95% of IT decision-makers across eight Asian markets planned to increase investment in AI products. Meanwhile 99% said AI was a priority.

Planned budget increases were strongest in infrastructure, with 69% indicating more than 20% growth in infrastructure-as-a-service spending. This was followed by 61% for platform-as-a-service and 58% for model-as-a-service, or MaaS.

In Singapore, 96% of respondents said their organizations were either very positive or cautiously optimistic about adopting AI.

Data analysis was the top use case at 80%, followed by customer service at 75%, and marketing and content creation at 54%.

Alibaba Cloud said the survey spanned eight markets, Hong Kong, Indonesia, Japan, Malaysia, the Philippines, Singapore, South Korea, and Thailand. The announcement did not include a country-by-country sample breakdown or a full methodology.

🔗 Source: Alibaba Cloud

Recent Alibaba Cloud developments

How would you feel if you could no longer use Tech in Asia?