AI maturity in Australia: A global benchmark report

AI is only as powerful as the data that drives it.

Based on insights from 500 global senior decision-makers including Australian executives, this whitepaper unpacks what it truly takes to be AI-ready.

Developed by Iron Mountain in partnership with FT Longitude, this report explores how organisations around the world are preparing their data for the age of AI and the critical risks they face if they fall behind. It also uncovers the real state of AI readiness and reveals the steps businesses must take to maximise data potential and unlock long-term value.

While global in scope, the findings reveal that Australia is emerging as a standout market - ambitious, fast-moving, and acutely aware of the work still to be done:

• 92% of Australian organisations are already seeing benefits from their AI strategies - 14% above the global average.
• 42% of local leaders cite cybersecurity as a top concern (34% globally), signalling a need to build internal capability alongside technical infrastructure.
• Despite strong progress, data integrity issues still cost Australian firms over $300,000 annually, highlighting the importance of scalable governance.
• Organisations are seeking to refine unstructured data to fuel AI models.

With both momentum and maturity on their side, Australian businesses are well-positioned to lead but only if they address the foundational challenges head-on.

See how your data strategy compares, download the full report now.

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