A new report shows that by 2025, about 60% of AsiaTop companies will upgrade hardware and software technology to improve employee retention by personalizing the work experience and enhancing collaborationtopCompanies will upgrade hardware and software technology to improve employee retention by personalizing the work experience and enhancing collaboration
Generative AI is emerging as a game-changer for organizational advancement, weaving a seamless tapestry across three key areas: Intelligent Document Processing (IDP), generative automation, and knowledge sharing.
IDC report predicts: “By 2026, GenAI Businesses that connect with intelligent document processing will find more ways to use 20% to improve productivity, scalability and provide a better customer experience. "By 2024, business teams using code generation co-pilot will achieve a 70% success rate in streamlining work through task/workflow automation, replacing low-code and IT-supported development. By 2025, GenAI tools will enableadvanced functionsLeaders from universitiesAbility to report that unstructured data can be used to drive 20% sustainable business benefits by discovering untapped insights and knowledge.
"As GenAI enables personalization, a focus on skills development becomes a necessity and a strategic imperative. At the same time, reimagining the workplace through digital humans and sustainability becomes a key focus for companies," said Dr. Lily Phan, Research Director, Future Works, IDC Asia Pacific.
By 2027, 40% of current job roles in organizations will be redefined or eliminated due to GenAI adoption. The report states that, driven by GenAI and ubiquitous automation, enterprises will leverage personalized technical skill development to achieve $1 trillion in productivity gains by 2027.