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IBM and Microsoft held significant revenue share of over 8% market share in 2023. They major players are actively innovating to address evolving challenges and capitalize on emerging opportunities. They are investing in the development of comprehensive solutions that combine AI-driven analytics, cybersecurity technologies, and risk management frameworks to enhance trust, mitigate risks, and ensure compliance with regulatory requirements. IBM prioritizes security in its AI development & deployment processes, incorporating security measures, encryption protocols, and threat detection features into its AI platforms and software to minimize cybersecurity threats and safeguard confidential information.
Microsoft provides solutions and tools designed to assist organizations in meeting regulatory compliance standards for data protection, privacy regulations, and AI governance. These offerings empower customers to effectively manage risk and adhere to legal and regulatory requirements when implementing AI technologies.
Major companies operating in the AI trust, risk and security management industry are: