Unlocking growth: How AI can empower Malaysian SMEs

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KUALA LUMPUR: Small and medium enterprises can gain a competitive edge by leveraging Artificial Intelligence (AI) technologies, which encompass docume...

Businesses can empower businesses to harness the power of data and AI to drive growth, innovation and competitiveness. – BernamapicSmall and medium enterprises can gain a competitive edge by leveraging Artificial Intelligence technologies, which encompass document AI, generalised AI, generative AI, machine learning models and Natural Language Processing .

He emphasised that familiarity with English or simple languages like SQL suffices to utilise these technologies effectively, eliminating the necessity for specialised data science skills. Moreover, Sanjay expressed confidence in the burgeoning knowledge of AI within Malaysia, foreseeing the emergence of citizen data scientists who will facilitate easier access to data insights for businesses.

However, Sanjay acknowledged several challenges hindering the widespread adoption of AI among businesses in Malaysia, including the scarcity of AI skills, misconceptions regarding data and security, and data silos.

 

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