In an era where generative AI is becoming increasingly important for businesses, the need for AI governance has become a pressing concern. Collibra, the data governance firm based in New York City and Brussels, Belgium, has recognized this need and is introducing a solution specifically designed to address it.
Collibra AI Governance, the newly announced product, aims to redefine how organizations implement AI by ensuring safety, efficiency, and trustworthiness in AI deployments. This solution bridges the gap between organizational technology and policy, allowing teams to collaborate effectively and ensuring that AI projects align with legal and privacy mandates. By doing so, it minimizes data risks, enhances model performance, and accelerates the journey from concept to production.
One of the key features of Collibra AI Governance is its ability to support the entire AI use case lifecycle. From ideation to trading to model development and production, this solution assists organizations at every step of their AI adoption journey. It offers intuitive management and monitoring of AI projects, ensuring sensitive data protection and fostering greater transparency and understanding of AI use cases. The goal is to provide true visibility across the organization, allowing teams to track who is doing what and ensuring that things are done in the right way.
Collibra AI Governance integrates seamlessly with existing Collibra data management offerings, including the Collibra Data Catalog, Collibra Data Quality & Observability, Collibra Data Privacy, and Collibra Protect. This integration allows for a comprehensive framework for AI governance, streamlining compliance processes, mitigating risks, and enhancing model performance and ROI. By providing a unified platform for governing both AI and the underlying data, Collibra aims to dispel concerns surrounding AI adoption.
The importance of robust AI governance cannot be overstated. A recent IDC survey revealed that while 71% of companies are already using AI, the path to successful implementation is filled with potential pitfalls. From model bias and inaccuracies to legal and ethical concerns, these challenges pose significant risks to an organization’s reputation and financial health. Collibra’s AI Governance solution is designed to mitigate these risks by providing a comprehensive framework for AI governance.
The endorsement of industry leaders further validates the importance and value of Collibra’s AI Governance solution. Dan Yu, Senior Vice President of Marketing and Solutions, Data and Analytics at SAP SE, lauded Collibra for its potential to ensure the ethical and responsible use of AI across organizations.
Collibra AI Governance will be showcased at the upcoming Gartner Data & Analytics Summit in Orlando, Florida, from March 11-13, 2024. This platform promises not only a product but also a future where AI is both powerful and principled.
In conclusion, Collibra’s new solution, Collibra AI Governance, is set to revolutionize how organizations implement AI by ensuring safety, efficiency, and trustworthiness. By bridging the gap between technology and policy, Collibra empowers teams to collaborate effectively and align AI projects with legal and privacy mandates. With endorsements from industry leaders and its upcoming showcase at the Gartner Data & Analytics Summit, Collibra AI Governance is poised to make a significant impact on the world of AI governance.
