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Originally published by Capital Business
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business
May 22, 2026
2mo ago

Industrial firms struggle to turn AI ambitions into real-world gains, report shows

Industrial firms struggle to turn AI ambitions into real-world gains, report shows

NAIROBI, Kenya, May 21 – Industrial companies are racing to build AI-powered digital ecosystems to improve efficiency, cut emissions and manage supply Kenya breaking news | Kenya news today |..

✨ Key Highlights

A new report from AVEDA IMD Business School reveals that industrial firms are struggling to translate their ambitions in building AI-powered digital ecosystems into tangible results, primarily due to significant hurdles in data sharing.

  • 74% of senior executives prioritize digital ecosystems, but only 27% report substantial data sharing with partners.
  • The report surveyed over 275 senior executives across 12 sectors globally.
  • Key barriers identified include integration complexity, outdated systems, and weak governance structures, impacting companies in Kenya and worldwide as they navigate operational disruptions and climate pressures.

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Industrial Firms Struggle to Turn AI Ambitions Into Real-World Gains - May 2026

A new report from AVEDA IMD Business School reveals that industrial firms are struggling to translate their ambitions in building AI-powered digital ecosystems into tangible results, primarily due to significant hurdles in data sharing. Separately, artificial intelligence is transforming forex market analysis in Kenya, bridging the gap between retail traders and sophisticated financial institutions by offering advanced, data-driven decision-making tools. Meanwhile, Kenya's Finance Bill, 2026 proposes reintroducing a 25 percent excise duty on mobile phones, a significant increase from previous proposals, and introduces new taxes on digital content earnings.

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