Australian organisations are working hard to exploit the opportunities presented by AI. They are hoping to improve productivity, increase profits and at the same time provide better quality services.
A recent global survey of 1200 senior managers found that 87% of organisations encourage the use of AI and almost all are increasing their budgets for AI initiatives.
As AI becomes embedded into business functions, these organisations are finding that AI Governance needs to be integrated into the operations of organisations, in order to manage risk and not get in the way of productivity improvement.
About half of these organisations have clear governance in place, but clear accountability is generally not settled.
There are good reasons to introduce an AI Management System (AIMS), which will provide you with a structured framework for using artificial intelligence efficiently, safely and responsibly to achieve your organisation’s strategic objectives.
It brings AI governance, oversight and operational controls into one integrated framework, helping your organisation improve productivity, support innovation and manage risks within its risk appetite.
The business opportunity is clear: An AIMS transforms AI governance into a practical business capability - helping your organisation innovate responsibly, manage risk proactively and realise greater value from its investment in AI.