The artificial intelligence (AI) governance market is experiencing rapid growth, with the worldwide AI software market projected to expand from USD 64 billion in 2022 to nearly USD 251 billion by 2027, reflecting a compound annual growth rate (CAGR) of 31.4% (IDC). This growth underscores the escalating need for robust governance frameworks that ensure AI systems are transparent, fair and comply with increasing regulatory demands. In this expanding market, IBM® and Amazon Web Services (AWS) have strategically partnered to address the growing demand from customers for effective AI governance solutions.
A robust framework for AI governance
The combination of IBM watsonx.governance™ and Amazon SageMaker offers a potent suite of governance, risk management and compliance capabilities that streamline the AI model lifecycle. This integration helps organizations manage model risks, adhere to compliance obligations and optimize operational efficiencies. It provides seamless workflows that automate risk assessments and model approval processes, simplifying regulatory compliance.
IBM has broadened its watsonx™ portfolio on AWS to include watsonx.governance™, providing tools essential for managing AI risks and ensuring compliance with global regulations. This integration facilitates a unified approach to AI model development and governance processes, enhancing workflow streamlining, AI lifecycle acceleration and accountability in AI deployments.
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