Companies starting to use data to boost efficiency | Inquirer Business
KYNDRYL REPORT

Companies starting to use data to boost efficiency

/ 02:07 AM June 12, 2023

More Filipino companies are ramping up their data management efforts to generate insights that can make their operations more efficient in terms of processes and costs, according to information technology infrastructure company Kyndryl.

Xerxes Cooper, company president for strategic markets, told the Inquirer that more enterprises have been realizing the value of data to help them scale up their business and craft better cost schemes.

ADVERTISEMENT

This was evidenced by a recent study commissioned by Kyndryl, which revealed that 48 percent of the Philippine organizations were prioritizing data and artificial intelligence (AI) strategy.

“I do expect that number is gonna rise,” he said.

FEATURED STORIES

Cooper said that “employing a data and AI strategy provides organizations with the foundation to garner insights from their data and turn information into knowledge,” which they can incorporate to improve customer experience, productivity and revenue generation.

“Across Asean (Association of Southeast Asian Nations) and the markets we operate in, companies are optimizing, automating and engaging with service providers to save money in today’s more restrained economy,” he said.

—Tyrone Jasper C. Piad INQ
Your subscription could not be saved. Please try again.
Your subscription has been successful.

Subscribe to our daily newsletter

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.

Read Next
Don't miss out on the latest news and information.

Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen to the news, download as early as 4am & share articles on social media. Call 896 6000.

TAGS: Business
For feedback, complaints, or inquiries, contact us.
Your subscription could not be saved. Please try again.
Your subscription has been successful.

Curated business news

By providing an email address. I agree to the Terms of Use and acknowledge that I have read the Privacy Policy.



© Copyright 1997-2023 INQUIRER.net | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.