SEPTEMBER 2022CIOAPPLICATIONS.COM6Copyright © 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.SEPTEMBER - 12 - 2022, Volume 08 - Issue 16 (ISSN 2644-240X) Published by ValleyMedia, Inc. To subscribe to CIO ApplicationsVisit www.cioapplications.com Managing EditorJoe PhillipSalesSebastian Jacobsebastian@cioapplications.comEmailsales@cioapplications.comeditor@cioapplications.commarketing@cioapplications.comEditorialAI Investment Needs to Be Well PlannedArtificial Intelligence has completely transformed modern businesses across industries allowing them to streamline cumbersome processes and rightly utilize the massive datasets. The adoption of AI tools has skyrocketed in today's post-pandemic world due to businesses' increased focus on digital transformation. According to a recent study, in 2022, spending on digital transformation will reach up to $1.8 trillion, and by 2025, at least 90 percent of new workplace apps will include AI technology. While AI has made its way into most departments of an organization, there are certain areas where robust AI-backed tools have challenged the status quo. Take cyber security, for instance. Even a few years back, threat detection and remediation were largely dependent on employees. As a result, there were significant chances of human-induced errors. Thanks to AI--threat detection and prevention have today become much easier for IT departments. They can today respond to any incident automatically without breaking a sweat. Manufacturing is another sector that AI has completely changed. It enables businesses to process data quickly transmitted from the IoT devices and connected machines, contributing to better decision-making and improved productivity. Given the pace at which AI is affecting the business world, it won't be an exaggeration to say that in the coming years, most critical operations will be automated. What businesses need today is a partner that can provide them with cutting-edge AI tools and incorporate those into their existing workflow. They need to realize that AI adoption without proper planning can lead to a wastage of money without any tangible outcomes.In this edition, our aim is to provide readers insights into the rapidly evolving AI space to help them make better decisions. Let us know your thoughts.Joe PhillipManaging Editoreditor@cioapplications.comJoe PhillipGraphics & ArtEditorial StaffBen JacksonDaniel HolmesEzra BenjaminCatalina JosephRose DcruzSenior WritersClara MathewLeah JaneRoyce D'SouzaAsher BlakeDisclaimer: *Some of the Insights are based on our interviews with CIOs and CXOs
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