Microsoft along with IDC surveyed business leaders along with workers in 15 Asia Pacific countries for the “Future Ready Business: Assessing Asia’s Growth Potential Through AI” report.

Innovation, competitiveness, customer engagement, higher margins along with employee productivity were some of the reasons given by companies for adopting AI.

“Asia Pacific can be not ready yet for AI,” Victor Lim, vice president for consulting operations at IDC Asia Pacific, said in a statement. He added which businesses have to continuously invest within the technology, sometimes without immediate returns.

“There can be an urgent need for talents along with tools to develop, deploy along with monitor AI versions, along with the availability of a robust data infrastructure with the adequate governance,” Lim said.

For its part, China has embarked on an aggressive push to dominate the AI space through both public along with private investments into the technology. Beijing aims to be the leader in AI innovation by 2030.

“I think there’s a lot of engineering capacity along with skills in China,” Haupter said, adding which some of Microsoft’s major AI breakthroughs on cognitive services, object along with speech recognition came by the company’s research along with development team within the country.