While the Asia Pacific and Japan (APJ) Region has been cautious about adopting Artificial Intelligence (AI) and Machine Learning (ML), there's a clear shi� towards closing the investment gap with North America (NORAM) and Europe, Middle East, and Africa (EMEA) within three years. But are the leaders truly ready for this AI and ML revolution? Which industries are at the forefront of this transformation? And how can embracing these technologies drive future success?

AI and ML Adoption in the APJ Region: A Closer Look

have started AI and ML pilot

projects.

38% of leaders plan to

increase AI and ML investments over

the next five years.

49% expect AI and ML

to promote workforce diversity

and equity.

45%

APJ leadership approaches AI and ML adoption cautiously.

38% of APJ businesses haven't started piloting AI and ML, on par with EMEA (38%) and NORAM (42%).

14% are least likely to report that their business is scaling up or at maturity with 16% in EMEA and 30% in NORAM.

45% of Greater APJ leaders express higher AI trust concerns than 40% in Greater EMEA and NORAM.

Greater APJ plans to catch up NORAM and EMEA in AI and ML investments within three years.

of leaders plan to boost AI and ML investments in the next five years.49%

Anticipated growth in investments:

Six months from now Three years from now Five years from now

Half of CEOs are unprepared for AI & ML, while an equal number embrace their adoption.

Technology infrastructure and business applications (Singapore and New Zealand)

Planning models and operational analytics (Indonesia and Thailand)

Workforce skills and talent development (Thailand and Malaysia)

CEOs and director-levels have areas of concerts, that include:

However, 45% of CEOs’ teams fear AI and ML will lead to team downsizing.

APJ leaders believe AI and ML will improve sustainability and human potential.

46% of CEOs and

director-level anticipate a positive impact on

sustainability.

Two in five of CEOs and director-level

see AI and ML as enhancing

human potential.

One in three say their leaders don’t realise the

pivotal role AI and ML will become.

45% of CEOs expect AI

and ML to promote workforce diversity

and equity.

45%

30% 41%

31% of finance leaders

feel their teams are unprepared for AI and ML.

are satisfied with the current volume

of admin tasks.

see AI and ML as game

changers. believe AI and ML

will help ESG goals in finance and procurement.

of HR leaders anticipate AI and ML to enhance meritocracy in organisations.

46% think AI and ML are a complete game changer.

39%

HR leaders see AI and ML driving meritocracy in organisations.

Finance leaders embrace AI and ML's game-changing potential, despite being unprepared.

IT leaders worry about AI and ML but see job rewards ahead.

About the survey This data is from a global survey conducted by FT Longitude for Workday in May and June 2023. 2,355 senior business executives were surveyed worldwide, including 600 from core APJ markets (120 each from Australia, Hong Kong, Japan, Singapore, and South Korea). Additionally, we ran a shorter survey of 250 respondents in the Greater APJ region to understand their digital transformation, AI, and ML approaches. These surveys included 850 Greater APJ respondents, all overseeing their organisation's digital strategy.

Workday has integrated AI and ML at the core of our platform, providing unmatched business adaptability and a competitive edge for C-suite leaders, harnessing their power in an automated future.

Find out more

in collaboration with

42% fear being accountable for AI and ML accuracy by other departments.

39% are concerned finding a trustworthy AI and ML approach.

46% believe it will make IT jobs more rewarding.

One in two are concerned that they will be under pressure to apply AI and ML, leading to tough decisions.

48% anticipate AI and ML fostering IT collaboration with other departments.

38% APJ EMEA NORAM

APJ EMEA NORAM

APJ EMEA NORAM

38% 42%

14% 16% 30%

45% 40% 40%

35% recognise the importance of creativity.

49% feel the need to improve their tech knowledge.

39% agree leadership roles will diminish with increased automation.

20% worry that AI and ML might make their jobs obsolete.

Singapore

$

59%

Australia

$

65%

Singapore

$

69%

Australia

$

71%

South Korea

$

33%

Indonesia

$

36%

https://forms.workday.com/en-hk/reports/indicator-to-the-digital-future-with-ai-and-ml-sngl/form.open.html?step=step1_default