| |DECEMBER 20226CIOReviewA rtificial Intelligence (AI) is rapidly evolving as the go-to technology for companies to personalize customer experiences. It serves as a wide-ranging tool enabling people to rethink how to integrate information, analyze data, and apply the gleaned insights to improve decision-making.As per ReportLinker, the global market for AI, estimated at $46.9 billion in the year 2020, is projected to reach $341.4 billion by 2027, growing at a CAGR of 32.8 percent. What steers this growth is a gamut of digital innovations in the past few years. Cloud-based AI platforms provide multiple benefits that include high scalability and hassle-free deployment. Cloud deployments for natural language processing (NLP) and machine learning are also growing with increasing awareness of their benefits. Businesses are relying on innovations in AI-enabled marketing solutions to boost sales. Advanced cybersecurity solutions are also leveraging AI to thwart cyberattacks in businesses. AI-based solutions help manufacturers simplify processes and play a key role in defect detection, predictive maintenance, liquid-level analysis, and asset inspection.This edition of CIOReview highlights the recent developments in the artificial intelligence arena and insights into how businesses are aligning with these trends to transform legacy practices.We have curated thought leadership articles from industry experts, including the global WAM director, Technology Risk and Controls, Manulife and head of data, CLSA. We also took a deep dive into the market trends to narrow down the list of companies delivering robust AI solutions. Equipped with innovative technological capabilities, companies like Cybadot Technologies and AI Dev Lab help transform businesses at the cloverleaf of various disruptive technologies. We hope this edition of CIOReview on artificial intelligence solutions and service providers helps you build the partnership you and your organization need to foster an environment driven by efficient technology. Let us know your thoughts! EditorialBuilding an Optimistic Future with Artificial Intelligence (AI) TechnologyCopyright © 2022 ValleyMedia, Inc. All rights reserved. Reproduction in whole or part of any text, photography or illustrations without written permission from the publisher is prohibited. The publisher assumes no responsibility for unsolicited manuscripts, photographs or illustrations. Views and opinions expressed in this publication are not necessarily those of the magazine and accordingly, no liability is assumed by the publisher thereof.CIOReviewEmail:sales@cioreview.comeditor@cioreview.commarketing@cioreview.com December - 22 - 2022, Vol 11, Issue - 96 (ISSN 2644-237X) Published by ValleyMedia, Inc.To subscribe to CIOReviewVisit www.cioreview.com CIOReviewEditorial StaffAaron PierceCarolynn WaltersDean WinchesterShirley FaithVisualizersAsher BlakeJustin Smith Managing Editoreditor@cioreview.comManaging EditorJustin SmithDisclaimer: *Some of the Insights are based on our interviews with CIOs and CXOsRussell Thomas
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