Why AI governance is a business imperative for scaling enterprise Artificial Intelligence

Across industries, AI brings unprecedented advantages to businesses and with the introduction of generative AI, interest and adoption are escalating quickly. 

According to IDC, enterprises worldwide are expected to invest $151 billion on AI solutions in 2023 and the worldwide AI IT spend will exceed $308 billion by 2026. Despite the growth, there are existing barriers to adoption, including lack of AI governance and risk management solutions. 

In this IDC white paper, learn about:

• The new challenges involving risk and complexity that generative AI is creating
• The need for governing AI and machine learning (ML) models
• How organizations are succeeding by proactively adopting AI governance
• Steps to establish a framework to drive trusted, transparent and explainable AI