Global Tech Firms Opting For Democratised Approach To AI Experiments: Report

New Delhi: While many industries are moving towards a centralised model for artificial intelligence (AI) adoption, the technology sector is taking a democratised approach, allowing for greater experimentation and flexibility globally, a new report said on Tuesday.

According to a KPMG International report, 36 per cent of technology executives said they are continuing to develop AI governance policies while encouraging innovative AI practices within their organisations.

The report, based on a survey of 2,450 executives from 26 countries, including 490 technology leaders, emphasised that successful AI implementation will require a structured approach. This includes cross-functional collaboration, risk assessment, and continuous learning to maximise the benefits of AI while mitigating potential risks.

Apart from AI, the report also highlights how the technology sector is leading digital transformation across industries.

It states that the tech industry must not only set an example for others but also rethink its own strategies to stay ahead.

Strategic investments and disciplined decision-making have helped technology firms sustain their growth, even amid market uncertainties.

"With technology rapidly evolving, designing and building solutions in a responsible way is now more important than ever,” said Atul Gupta of KPMG India. He added that it can also help minimise the risk of data breaches and the need for costly retrofitting of security fixes.