[One-line TECH] Korean Companies Are Increasing AI Investment, But Expanding It Cautiously
TECHWORLD ·
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Korean companies are increasing their AI investment, but they appear to be cautious about expanding it into actual finance operations.
As a result of Airwallex's Forrester Consulting survey of 1,279 global finance executives, 90% of respondents said they plan to increase AI-related spending over the next 12 months.
Thirty-five percent of respondents were not moving ahead with expanding AI into additional finance tasks, and 65% identified fragmented finance data and complex systems integration as major technical challenges.
Korean companies are increasing their investment in AI, but they appear to be cautious about extending it into actual finance operations. Airwallex conducted a Forrester Consulting survey of 1,279 global finance executives, and 90% of respondents said they plan to increase AI-related spending over the next 12 months. However, 35% of respondents were not moving ahead with expanding AI into additional finance tasks.
The survey found that the link between increased investment and on-the-ground use remains weak. While many finance executives said they intend to expand AI budgets, a significant number were not broadening its application to additional finance tasks.
Data and system issues were identified as the biggest barriers behind this gap. Sixty-five percent of respondents cited fragmented finance data and the complexity of systems integration as major technical challenges. With data scattered across multiple systems, including accounting, payments, and ERP, the survey found it difficult to create an organic connection between AI adoption and actual work even after implementation.
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Source: TECHWORLD · Jang Young-seok
Original: https://www.epnc.co.kr/news/articleView.html?idxno=406766
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Source: TECHWORLD
View originalThis article was summarized and organized by BizCrush based on the original article from TECHWORLD. For exact quotations and full details, please refer to the original article.