6CIOReview | | DECEMBER 2022Most big companies have realized that an in-house digital transformation team is not self-sufficient. The ever-growing disruptions in the digital sector are pretty expensive to keep up with. Also, most small businesses cannot make investments that match the in-house support services that larger companies can maintain. Therefore, IT services companies have become the ace growth sector for the future.As per recent industry reports, the connected devices are expected to reach 22 billion by 2025. But to leverage IoT and Blockchain technologies, companies need to develop the required skill sets; otherwise, it will be a drag. IT services are playing a prominent role in assisting companies to incorporate these innovative technologies to stay market-relevant in the future. In wake of these developments, the global IT services market is projected to rise at a CAGR of 9.5 percent by 2028. To put the spotlight on other key developments in the industry, CIOReview illustrates how IT services are helping businesses in operational efficiencies. This edition also features thought leadership articles from Devan N. D'Silva, Manager and Vice President of Risk Management at Baird; Linda Tai, Chief Technology Officer at Fannie Mae; and Steve Williamson, Head of Audit for Information Security and Data Privacy at GSK. They shed light on the importance of identity and asset management programs, adopting an industry framework, like IT Information Library (ITIL), initial step to increase velocity through digital governance, and the role of service provider to increase security. In this edition of CIOReview magazine, we also bring to you the story of some of the most promising IT service companies. In the list, Sequentur stands out for its ability to secure critical IT infrastructure with robust and reliable managed security, cybersecurity, and managed cloud services. We also bring to you the stories of CorporateTech aiming to revamp IT processes and infrastructure to meet business needs, DiMAX Office Solutions, providing proactive alerts for IT issues before they become problems, and IT Global Services, offering human-centric approach to solving IT operational challenges.Through the following pages, we aim to shine a light on the innovative trends and latest developments in the IT services domain. We would like to know your thoughts.EditorialIoT and Blockchain Will Dominate Managed IT ServicesCopyright © 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.CIOReviewVisualizersIssac GeorgeHenry SmithDisclaimer : *Some of the Insights are based on the interviews with respective CIOs and CXOs to our editorial staffJustin Smith Managing Editoreditor@cioreview.comManaging EditorJustin SmithEditorial StaffAaron PierceCarolynn WaltersShirley FaithRussell ThomasEmail:sales@cioreview.comeditor@cioreview.commarketing@cioreview.com December - 20 - 2022, Vol 11, Issue - 81 (ISSN 2644-237X) Published by ValleyMedia, Inc.To subscribe to CIOReviewVisit www.cioreview.com CIOReview
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