305 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.

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.

Join Singapore Business Review community
A NOTE FROM SINGAPORE BUSINESS REVIEW

If you've been wondering whether SBR could work for your company — yes, probably.

A lot of the companies we partner with started as readers. They'd been following our coverage for a while, saw their own customers and competitors in it, and eventually asked the obvious question: could we do something with you? The answer is usually yes. The shape of it depends on what you're trying to do.


The options are broader than most people assume — thought leadership articles, sponsored content, industry summits across Southeast Asia, regional awards programmes, podcasts, and media placements in print and digital. Some partners use one channel; most use a mix. We figure out the right combination by starting with your brief, not with our rate card.


So if the question has been on your mind, here's the easy way to ask it.

We'll tell you honestly whether we can help, and how. It's a better use of everyone's time.