KUALA LUMPUR, Nov. 5 (Xinhua) -- Artificial intelligence (AI) adoption in Malaysia is gaining momentum with a year-on-year growth rate of 35 percent as 27 percent of the country's businesses have already adopted AI, according to a report by Amazon Web Services (AWS).
AWS said on Tuesday that its study "Unlocking Malaysia's AI Potential" found that AI adoption is the strongest in the technology and professional services sector (49 percent), followed by financial services (42 percent), and manufacturing (39 percent).
However, most Malaysian businesses (73 percent) remain focused on basic uses of AI. Only 31 percent of startups and 15 percent of large enterprises that have adopted AI are building entirely new AI-driven products.
While AI adoption is increasingly widespread in Malaysia, AWS highlighted that most businesses are not yet harnessing its most advanced uses, underscoring the need to deepen AI adoption to unlock Malaysia's full AI potential.
According to the research, 73 percent of Malaysia's businesses that have adopted AI remain focused primarily on basic use cases, like driving efficiencies and streamlining processes using AI, rather than innovation like developing new products or disrupting industries.
Just 17 percent of Malaysia's AI-adopting businesses have advanced to the intermediate stage of AI adoption, and only 10 percent have reached the most transformative stage of AI integration.
