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Data & AI Market Trend Reports ADAPT Overview: Key actions and value measures for AI by Shane Hill and Pooja Singh Sep 18, 2024 | 3 mins

Executive summary

The 4th wave of AI is cresting, but Australian organisations need to enhance data foundations, risk controls, and role evolutions to fully leverage AI. Efficiency is just the beginning; greater value comes from aligning operating models with customer success, service innovation, and market scale.

However, only 30% of Australian organisations are ready to harness AI. Prioritisation for data and AI has fallen, with a shift towards modernising core platforms and cost control.

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