A recent study by SS&C Blue Prism reveals that one in three Singaporean organisations intends to implement agentic AI within the next year. However, the research highlights a significant hurdle: half of these organisations lack the robust data management systems required to fully leverage this advanced technology. The absence of such systems could expose companies to increased risks related to intellectual property, data sovereignty, and cybersecurity.
The survey, which included 1,650 global CEOs, CTOs, and senior IT leaders, with 150 participants from Singapore, underscores the potential of AI to revolutionise business processes. Sunny Saha, SVP and General Manager of SS&C Blue Prism Asia Pacific, emphasised the need for highly organised data to maximise AI’s capabilities. “Without these systems in place, you will not get the most out of the technology,” Saha noted, warning of potential risks like accidental data disclosures.
The combination of automation, AI, and orchestration is seen as crucial for transforming raw organisational data into AI-ready formats. This process involves digitising and cleaning data from various silos, ensuring seamless AI implementation. Saha also stressed the importance of maintaining security and compliance, especially given the dynamic regulatory landscape in Asia.
As Singaporean enterprises look to AI for innovation, the need for a robust data infrastructure becomes increasingly critical. The findings suggest that whilst the potential for AI to enhance operations is vast, organisations must prioritise data management to avoid compromising control over their data and operations.
“`
