target audience: TECH BUYER Publication date: Nov 2023 - Document type: IDC MarketScape - Doc Document number: # US50056923
IDC MarketScape: Worldwide AI Governance Platforms 2023 Vendor Assessment
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Abstract
This IDC study represents a vendor assessment of the AI governance platforms market through the IDC MarketScape model. This assessment discusses both quantitative and qualitative characteristics that provide guidance about AI governance platform vendors and their offerings. The evaluation is based on a comprehensive and rigorous framework that assesses vendors relative to the criteria and to one another, and it highlights the factors expected to be the most influential for success in the market in both the short term and the long term.
"Organizations need to become responsible at the core,"says Ritu Jyoti, group vice president, Worldwide Artificial Intelligence and Automation Market Research and Advisory Services at IDC. "By shifting from a reactive, responsible AI approach to the proactive development and use of mature responsible AI capabilities and tools, businesses can focus more on performance and competitive advantage and deliver business value with social and moral responsibility."
"Embracing AI governance platforms is not just a matter of compliance; it is a strategic imperative for organizations looking to thrive in the age of AI," said Raghunandhan Kuppuswamy, research manager, AI Software at IDC.