Microsoft Launches AI Summit 2024, Pioneers Full-scale AI Integration
Microsoft Philippines hosted the AI Summit 2024, showcasing the company’s latest innovations in artificial intelligence (AI) to organizations and professionals across the Philippines. This event comes on the heels of Microsoft’s integration of generative AI into its cloud technology solutions in 2023, which saw the introduction of major AI developments like Microsoft Copilot.
The summit, held at the Makati Shangri-la, featured over 350 leaders from both the public and private sectors. Attendees had the opportunity to deepen their understanding of AI’s current state and its potential to revolutionize business operations. Microsoft experts, thought leaders, partners, and early adopters from the Philippines provided valuable insights and guidance for responsible AI adoption and innovation.
Peter Maquera, CEO of Microsoft Philippines, highlighted the rapid growth and adoption of AI. In just one year, generative AI technology like ChatGPT gained over 100 million users, leading to a significant shift in the business landscape. According to an IDC study, 71% of companies are now using AI in some form. Maquera encouraged everyone to embrace AI, be curious, experiment, and embrace this exciting journey of AI integration.
The AI Summit 2024 marked a major milestone for AI adoption in the Philippines. By showcasing Microsoft’s latest AI innovations and insights from industry leaders, the summit empowered organizations and professionals to harness the transformative power of AI. Microsoft’s commitment to responsible AI use was also emphasized throughout the event.
Several organizations that have already begun their AI innovation journey shared their experiences during panel discussions. The Asian Development Bank, BDO Unibank, China Bank, the Department of Budget and Management, Inspiro, SoftwareOne, and Security Bank highlighted how they have used Microsoft AI solutions to transform their operations and better serve their stakeholders.
Microsoft’s suite of AI solutions, including Microsoft Copilot, has revolutionized various industries. Copilot has been integrated across platforms and applications, introducing solutions like Copilot Studio, Copilot Purview, Copilot in Microsoft Dynamics 365 Customer Service, and Copilot in Power Automate. These AI-infused applications drive business value, spur industry innovation, and help organizations future-proof their operations.
The use of AI in the workplace has also demonstrated multifold benefits. According to Microsoft’s Work Trend Index, Copilot for Microsoft 365 reduces digital debt and increases productivity. Users reported being 29% faster at specific tasks, with 70% stating increased productivity and 68% experiencing improved work quality. The research revealed that 77% of users are unwilling to give up Copilot once they’ve experienced its benefits.
Ricky Haryadi, GTM Lead for Modern Work & Security at Microsoft ASEA, discussed how AI is reshaping work environments and processes. Haryadi explained that Microsoft Copilot enhances the way people work by reinventing work processes instead of replacing individuals. He emphasized the widespread adoption of AI across industries, with companies from manufacturing to healthcare embracing Microsoft Copilot.
The AI Summit 2024 has opened up new possibilities for innovation in the Philippines. Businesses are receptive to ethically and responsibly adopting AI, as Microsoft continues to empower individuals and organizations to achieve more through AI.
In conclusion, Microsoft’s AI Summit 2024 showcased the company’s commitment to AI integration and responsible AI use. The event provided valuable insights and guidance for organizations and professionals in the Philippines, highlighting the transformative potential of AI. With Microsoft’s suite of AI solutions and the pioneering Microsoft Copilot, businesses can embrace the power of AI to drive innovation, enhance productivity, and gain a competitive edge.
