Kyndryl, the world’s largest IT infrastructure services provider, sees the Philippines as a “maturing market” in ASEAN with plenty of room for growth in terms of Artificial Intelligence (AI) and data. According to Xerxes Cooper, President Strategic Markets of Kyndryl, only 10 percent of firms in the Philippines have developed a strategy about data and AI. Kyndryl believes that data and AI are the areas where there is a lot of potential for growth in the Philippines. Kyndryl is committed to helping the Philippines become a leader in AI and data-driven technologies.
A recent survey of 500 top executives across the ASEAN, with 100 from the Philippines, revealed that 48 percent of organizations in the country have Data & AI strategy as a key priority. However, half of these companies find it difficult to secure budgets for Data & AI due to their inability to demonstrate business value, and 48 percent are challenged by data integration issues. Kyndryl’s survey highlights the importance of Data & AI in the Philippines, but also the need for organizations to address the challenges of budgeting and data integration in order to maximize the potential of these technologies.
Organizations in the Philippines are increasingly investing in data and AI initiatives to drive growth, transformation, and sustainability. Despite this, 72% of local organizations claim to have a data strategy that focuses on seamless access of real-time data, while 54% are still focused on building a central data repository. This is despite the emergence of data fabrics, which offer a more efficient way to access and manage data. With the right data strategy, organizations can unlock the potential of data and AI to drive their business objectives.
Local business leaders are turning to data and AI to help them stay agile and competitive in today’s volatile market. Consulting firm Cooper is helping them develop data strategies to gain a better understanding of their operations and enhance the employee and client experience. Cooper provides services from consulting to execution and management of their data landscape, helping them to stay ahead of the competition. With data and AI, local businesses can gain insights into their operations, increase security, and improve the customer experience. Cooper is helping local businesses stay ahead of the competition by leveraging data and AI.
Data and AI management are closely linked, and Go warns that if data is not taken care of, no matter how powerful the AI engine is, it will not be effective. To ensure that investments are not wasted, Go focuses on end-to-end data management, helping customers clean their data, set up data governance and centers of competency, and scale their AI solutions. By taking care of the data, customers can ensure that their AI investments are successful.
Kyndryl is an $18 billion business operating in 60 countries, including the Philippines, for over two decades. It provides digital transformation services to a broad base of clients, including financial services, telco, government, industrial, pharmaceuticals, and retail. Kyndryl helps clients accelerate their digital reinvention and transform their organization. It offers a comprehensive set of strategies, from central repositories to data-driven insights, to ensure that clients are able to stay ahead of the competition. Kyndryl also provides support for clients in the areas of cloud, analytics, artificial intelligence, and machine learning. With its expertise and experience, Kyndryl is committed to helping clients achieve their digital transformation goals.
