IBM study: Widespread discontent in retail experiences, consumers signal interest in AI-driven shopping amid economic strain

  • Only 9% of respondents say they are satisfied with the in-store shopping experience; only 14% say the same for online shopping.
  • Roughly 80% of consumers surveyed who haven’t used AI for shopping expressed an interest in using the technology for various aspects of their shopping journey.

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Data suggests AI enterprise adoption growth due to widespread early adopter deployment, but barriers keep 40% in early phases

  • About 42% of enterprise-scale companies surveyed (> 1,000 employees) report having actively deployed AI in their business.
  • An additional 40% are currently exploring or experimenting with AI but have not deployed their models.
  • However, 59% of those companies surveyed already exploring or deploying AI say they have accelerated their rollout or investments in the technology.
  • The top barriers preventing deployment include limited AI skills and expertise (33%), too much data complexity (25%), and ethical concerns (23%).

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AI for Business Summit

The current artificial intelligence (AI) landscape presents an opportunity for businesses to achieve a significant breakthrough in productivity and competitiveness amidst a challenging economic environment and talent shortages. As per the Philippine’s Department of Trade and Industry (DTI), AI adoption can increase Philippine gross domestic product (GDP) by 12% by 2030, or equivalent to US$92 billion based on research estimates.

However, even as the use cases of AI are manifold, Philippine businesses are overwhelmed, underprepared, and unsure how to profit from AI. Join us for the ‘AI for Business Summit’ on 5th December in partnership with IBM Philippines, wherein we will deep dive into global AI and Automation practices and industry use cases from top IBM experts.

Key discussion points

  • Deploy other major business solutions in DX, Observability, & Governance
  • Dive deep into the impact of evolving Data and Automation on Philippine enterprises
  • Discover IBM’s pivotal solutions for AI use cases for business, IBM watsonx and AIOps portfolio
  • Learn best-in-class practices for AI deployment
  • Network with key IBM experts

Tuesday, December 5th 2023
8:30 AM to 3:30 PM

Makati Shangri-La
Ayala Avenue corner Makati Avenue, Ayala Center
San Lorenzo, Makati 1200


etcio.com/s/K3rYnJ0

Better Software Engineering with IBM ELM Solution

Roadshow to present to the Philippines’ market the IBM Engineering Lifecycle Management (ELM) solution and its business partners.

IBM Engineering Lifecycle Management portfolio helps companies meet these product development challenges and leverage the benefits of an industry leading ELM solution. IBM ELM is a modular set of integrated software components designed to help teams manage the engineering process from requirements to design, implementation, verification, and validation. It provides traceability across engineering tools, giving teams visibility into dependencies and impact analysis. With automation, teams can work together faster with fewer errors, generating product documentation deliverables and making changes with confidence. IBM ELM addresses challenges related to complexity, compliance, distributed work, reuse, and traceability, and helps teams accelerate delivery, improve quality, and foster continuous collaboration while streamlining compliance. The solution includes engineering management tools focused on the four key pillars of the development process: requirements, modeling, testing, and workflow.

Agenda
12:00 NN 12:45 NN Arrival of the participants and lunch
12:45 NN 1:00 PM Welcome speech and Introduction of the IBM Engineering team
1:00 PM 1:45 PM Empowering Organizations with IBM Engineering Lifecycle Management
1:45 PM 2:15 PM Introduction of IBM Business Partner
2:15 PM 2:30 PM Wrap-up and Conclusion
2:30 PM 3:00 PM Coffee break and networking

Tuesday, August 29th
12:00 NN to 3:00 PM

Oz Bar
Holiday Inn & Suites Makati
Glorietta, Palm Drive, Ayala Center
San Lorenzo, Makati 1224


ibm.com/events/reg/flow/ibm/yp5uznmb/landing/page/landing

Cost of a data breach for businesses in ASEAN & the Philippines hits record high at $3.05M

IBM

ASEAN & Philippine organizations with extensive use of security artificial intelligence (AI) and automation cut breach lifecycles by 99 days and reduce data breach cost by nearly $1.25 million. (more…)