Data concerns delay AI scaling for over half of organisations: OneTrust

Firms are also dealing with challenges around visibility and risk management.

More than half of Singapore organisations cite data-related concerns as delaying artificial intelligence (AI) deployment despite the country leading in AI governance maturity, according to a OneTrust report.

About 57% say data quality, access, privacy, or security concerns have most delayed their ability to launch or scale AI initiatives.

Organisations are also dealing with challenges around visibility, risk management, and maintaining consistent controls.

Governance should be built into AI systems and processes from the outset rather than introduced after an incident or once a tool has already been adopted, said Arran Mulvaney, OneTrust’s Regional Director for Southeast Asia and India.

“Singapore has moved beyond the question of whether businesses should adopt AI,” Mulvaney said.

“The real test now is whether governance can keep pace with the speed they are deploying it,” he added.

Overall, 41% of Singapore organisations surveyed have integrated governance into the AI lifecycle, the highest share amongst the eight markets covered.

About 33% said their firms are using AI across multiple business functions. However, almost half (46%) believe employees have used unapproved applications because approved tools or processes were not available quickly enough.

The report surveyed 1,200 senior business decision-makers across Singapore, Australia, Canada, France, Germany, Spain, the UK, and the US.

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