Knowledge Solution

  The debate over the role of AI governance in business success is not just about compliance or ethical concerns, it's a question of whether companies can realize the financial potential that AI promises to unlock. As AI becomes more integrated into company processes, business executives must consider how it affects their bottom line, rather than just whether AI governance is essential. Unfortunately, many businesses underestimate the value of AI-ready data and governance, believing that they can retrofit data and AI strategy after their AI/ML models are in place. This assumption often leads to project delays, underperformance, and expense overruns, all of which can be prevented with effective control from the outset. This blog contends that strong AI governance should be a forethought, not an afterthought. AI governance, founded on reliable data, is critical to assuring AI's financial returns and long-term commercial sustainability. Business executives who do not emphasiz...