260 views
Photo by Annie Spratt on Unsplash

More than half of Singaporean businesses recognise gen AI’s potential: report

The vast majority have not implemented a governance framework for gen AI.

Nearly a third or 29% of organisations in the city-state are running pilots with gen AI or already using the technology for software engineering, according to a report by the Capgemini Research Institute.  

The report showed that 32% of Singapore software professionals acknowledge the potential of gen AI and are strategizing its adoption, while 40% are still assessing its potential use. 

Organisations said that the primary benefits of adopting gen AI initiatives were fostering innovation (61%) and improving software quality (49%).

Innovative work (54%) and complex high-value tasks (43%) were the main areas these organizations were focusing on productivity gains.

Join Singapore Business Review community

User story generation (40%), UX design assistance (37%) and coding assistance (37%) were the top case uses for gen AI in software engineering.

Two-thirds (66%) said culture and leadership were crucial prerequisites currently missing in implementing gen AI, followed by people and talent (52%) and computation infrastructure and support (50%).

Most or 90% of software professionals use gen AI tools not authorized by their organizations. This was the highest out of all countries surveyed.

Meanwhile, only 23% have upskilling or reskilling programs for gen AI, the lowest out of all countries surveyed.

“Generative AI has emerged as a powerful technology to assist software engineers, rapidly gaining adoption,” Pierre-Yves Glever, head of global cloud and custom applications at Capgemini, said. “Its impact on coding efficiency and quality is measurable and proven, yet it holds promise for other software activities.” 

The report surveyed 1,098 senior executives and 1,092 software professionals and conducted 20 in-depth interviews with professionals and leaders from the industry.

Since you're here...

...there are many ways you can work with us to advertise your company and connect to your customers. Our team can help you dight and create an advertising campaign, in print and digital, on this website and in print magazine.

We can also organize a real life or digital event for you and find thought leader speakers as well as industry leaders, who could be your potential partners, to join the event. We also run some awards programmes which give you an opportunity to be recognized for your achievements during the year and you can join this as a participant or a sponsor.

Let us help you drive your business forward with a good partnership!

Top News

Vibrant Group wins suit against Blackgold Australia
The group shall be paid damages and fees by Blackgold Australia’s ex-CEO and ex-chairman.
Lorem Ipsum text in year 2025
Contrary to popular belief, Lorem Ipsum is not simply random text. It has roots in a piece of classical Latin literature from 45 BC, making it over 2000 years old.
Lorem Ipsum is simply dummy text of the printing and typesetting industry.
Contrary to popular belief, Lorem Ipsum is not simply random text. It has roots in a piece of classical Latin literature from 45 BC, making it over 2000 years old. Richard McClintock, a Latin professor at Hampden-Sydney College in Virginia, looked up one of the more obscure Latin words, consectetur, from a Lorem Ipsum passage, and going through the cites of the word in classical literature, discovered the undoubtable source. Lorem Ipsum comes from sections 1.10.32 and 1.10.33 of "de Finibus Bonorum et Malorum" (The Extremes of Good and Evil) by Cicero, written in 45 BC. This book is a treatise on the theory of ethics, very popular during the Renaissance. The first line of Lorem Ipsum, "Lorem ipsum dolor sit amet..", comes from a line in section 1.10.32.