AI for SMBs: 50% of small businesses to adjust IT budgets for AI by 2027: Report
Enterprises in the Asia-Pacific region (excluding Japan), particularly small and medium-sized businesses (SMBs), are accelerating their investments in artificial intelligence (AI), viewing it as a key driver of growth and competitive advantage, according to a recent report by research firm IDC.
The report, IDC FutureScape: Worldwide Small and Medium-Sized Business 2025 Predictions — Asia/Pacific (Excluding Japan) Implications, forecasted that by 2027, half of the region’s smaller enterprises will substantially restructure their IT spending to prioritize AI.