AI

IMSM leads the rollout of the new AI standard ISO 42001

The new standard will empower businesses by providing accuracy, security, and a higher ROI on AI technologies.

IMSM, a leading ISO specialist, is the first to consult and certify ISO 42001 – the new, internationally heralded standard for AI. The standard helps companies oversee their AI systems’ implementation, use, and upkeep by providing high-level principles adhering to best practices.

Research from McKinsey reveals that 65% of respondents now regularly use generative AI within their organisation—nearly double the findings from previous years—driving home the importance of managing and overseeing AI.

Tom Tuke-Hastings, Chief Revenue Officer at IMSM, says: “I’m excited to announce our first-to-market consultancy and certification product, which will bring AI ISO certification to visionary AI-powered companies across the globe.

AI is transforming the business landscape with half of all companies are already using AI in two or more ways – less than two years after the launch of ChatGPT.

With the ever-increasing demand for new, rapidly developing AI capabilities and applications, there is a crucial need for people to understand and mitigate the often-unknown risks. The new AI management system, ISO 42001, is a global standard that helps companies get the highest possible return from their AI work in the safest, most efficient way.”

ISO/IEC 42001 offers numerous benefits to organisations implementing and managing AI systems, including but not limited to:

  • Better governance
  • Risk mitigation
  • Improved transparency
  • Increased accountability
  • Regulatory compliance
  • Ethical AI practices
  • Operational efficiency
  • Stronger trust and credibility
  • Continuous improvement

The new global standard mandates the ethical use of AI technologies through a robust Quality Management System (QMS). It speaks volumes to your stakeholders about your commitment to their privacy, their safety, and the delivery of your products and services.

For over thirty years, IMSM has delivered high-quality ISO consultancy services to countless organisations of all sizes and sectors worldwide. With this, they have become the frontrunners in offering ISO 42001 to businesses integrating AI into their operations and in taking a proactive approach to ensuring its implementation and use are as efficient and ethical as possible. For more information on ISO 42001, please visit https://www.imsm.com/gb/iso-42001.

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