Artificial intelligence And cybersecurity gains importance in Q2 2024 corporate filings, according to Global DataThe latest report from, “Trends and Signals from Corporate Reporting Analysis – Q2 2024”, highlights the changing priorities in corporate strategies, according to Global Dataa leading data and analytics company.
AI and cybersecurity
The report found that companies cited the importance of cybersecurity measures and that AI as a topic also saw growth in mentions. Companies are also considering investments, partnerships, and expansion plans in AI. Mentions of AI generators by reporting companies increased in Q2 2024, compared to the same quarter prior.
“The growing emphasis on AI and cybersecurity underscores a growing recognition that future competitiveness “Growth depends on technology adoption. As businesses grapple with these priorities, sectors like retail and packaging must innovate to adapt to consumer shifts and operational challenges. The trajectory suggests that broader digital transformation is imperative to sustain growth,” Misa SinghBusiness Fundamentals Analyst at GlobalData, said.
Leveraging AI
The report reveals that companies are using AI to improve customer experience and risk modeling. Technology companies are using digital technology such as hybrid cloud transformation, cybersecurity improvementsand the adoption of generative AI.
However, changing consumer preferences, rising raw material costs and supply chain disruption impact on the packaging and retail industries.
“Businesses have seen a significant shift in consumer preferences, leading them to embrace personalization and unique offerings to enhance the shopping experience and drive growth. In the US, discussions around technology and growth roadmaps with investments in manufacturing and research and development facilities were in vogue,” Singh said.
