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Collibra Introduces Collibra AI Governance

Collibra

Collibra, the Data Intelligence company, announced the launch of Collibra AI Governance, a new product that enables organizations to deliver trusted AI safely and effectively. Built on top of the Collibra Data Intelligence Platform, Collibra AI Governance helps data, AI and legal teams collaborate to ensure compliance with legal and privacy policies, mitigate data risk, improve model performance and ROI, as well as accelerate time to production.

Organizations are under intense pressure to quickly leverage AI as a competitive advantage. According to a recent IDC survey, 71% of respondents said their companies are already using AI, with 22% planning to do so within the next 12 months. Companies that have successfully scaled AI initiatives reported a 3.5x return on their AI investments.

However, using AI without proper governance and without a complete understanding of the underlying data can lead to unwanted outcomes including model bias, inaccuracies, legal and ethical implications, trust issues, and more. Organizations face both reputational damage and regulatory fines from AI models not performing as expected. Collibra AI Governance provides a purpose-built mechanism to safely govern AI, and the data that feeds it, with the proper rules, processes and responsibilities.

“We’ve heard from our customers that organizations want to prioritize AI or are already heavily invested, but leaders are concerned about the unpredictable nature of AI and barriers like time, money, resources, errors, unwanted outcomes, legal issues, and data security,” said Laura Sellers, Chief Product Officer for Collibra. “With Collibra AI Governance, we’re helping to eliminate the concerns of CIOs, CDOs, data leaders, and legal teams by providing a unified platform to govern AI and the data that drives it with automated workflows, processes, and policies to deliver trusted AI across the organization.”

Also Read: Genetec Introduces Enterprise-Grade, Unified, SaaS Solution

Collibra AI Governance empowers enterprises to deliver more valuable, ethical, responsible, and compliant AI by:

“Our mission is to provide trusted data and drive trustworthy AI across our customers’ data landscapes, with Collibra as a key part of our business data fabric architecture,” said Dan Yu, Senior Vice President of Marketing and Solutions, Data and Analytics, SAP SE. “Collibra AI Governance will help our customers ensure the ethical and responsible use of AI across their organizations.”

SOURCE: PRNewswire

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