Understanding The Artificial Intelligence Revolution's Impact On Business With CIO Advise CEO Brian Leimbach

The artificial intelligence revolution is affecting nearly every aspect of life today. The AI market is growing rapidly, and it is expected to reach an astounding $407 billion by 2027, according to Forbes. This is massive growth from its estimated $86.9 billion in revenue in 2022. It is anticipated that AI will have a huge, positive impact on the economy, with a 21 percent net increase in the United States GDP by 2030. Nowhere will AI have more of a profound effect than it will in revolutionizing how businesses, across all industries, protect themselves from cybersecurity risks and scale operations. 

CIO Advise is a business technology management consulting firm at the forefront of helping businesses understand how to integrate AI. Brian Leimbach, President and CEO of CIO Advise, founded the company in 2017. Since then, he and the team have helped companies utilize novel technology — like AI — and data analytics to improve their overall business processes, cyber security, and valuation. CIO Advise specializes in consulting businesses regarding technology and software, healthcare, financial services, and private equity. 

While AI may be a popular buzzword for executives and investors with GPT growing rapidly this past year, generating users and conversation, CIO Advise has been pushing the boundaries of AI integration for years. 

"CIO Advise has been a Microsoft Partner since 2017. Microsoft has just announced they are embedding AI into their business products. It's called Copilot and will be in products such as Dynamics 365 and Office products,” said Leimbach. “CIO Advise is uniquely positioned to assist its clients in capitalizing on this technology to advance sales and business processes."

Leimbach and the CIO Advise team’s formula is simple but effective. During the pre-sale stage of investments, mergers & acquisitions, or due diligence, CIO Advise will conduct comprehensive analyses for target companies. The consulting process then begins with executive interviews to further understand the challenges that the business is facing. The recommendations that ensue include utilizing various business software solutions to facilitate integration, customization, data analytics, and AI. Ultimately, following CIO Advise's protocols and recommendations can not only protect companies from high-level cybersecurity risks but can also help positively influence acquisition prices and valuations.

As AI technology continues to evolve at a seemingly increasing rate, businesses are feeling the pressure to get on board quickly. To learn more about CIO Advise and how the firm can help businesses leverage artificial intelligence to increase exit opportunities, visit the company's website and schedule a consultation here. 

This post was authored by an external contributor and does not represent Benzinga's opinions and has not been edited for content. The information contained above is provided for informational and educational purposes only, and nothing contained herein should be construed as investment advice. Benzinga does not make any recommendation to buy or sell any security or any representation about the financial condition of any company.