ISO 42001
International Standard for Artificial Intelligence Management Systems
What is ISO 42001?
ISO 42001 is a standard that provides guidelines for improving the responsible use of Artificial Intelligence. It guides companies in developing and utilizing AI systems ethically, helping to reduce failures in strategic and operational decisions and prevent issues such as data breaches. Complying with this standard means that companies adhere to international standards, protecting themselves against legal problems and enhancing the trust of customers and stakeholders.
What Can You Achieve with AI in a Company?
Artificial Intelligence has transformed the way we work! It enables companies to automate processes, enhance decision-making through the analysis of large volumes of data, and personalize customer experiences. Additionally, it boosts operational efficiency, drives innovation, and facilitates market trend forecasting, which excites entrepreneurs about integrating AI into their teams.
Beware of Artificial Intelligence
If Artificial Intelligence is not used correctly, serious risks may arise:
With the evolution of AI, new legal regulations emerge that require constant adaptation. Neglecting this area can lead to significant losses, including financial and reputational damage.
The absence of effective guidelines can compromise the security of personal data for customers and employees.
AI failures, without proper guidance, can lead to distrust from customers and stakeholders.
Without solid processes, such as those established by ISO 42001, the company may not fully leverage AI capabilities.
With ISO 42001, you will achieve
- Better Risk Management;
- Efficiency and Innovation, maximizing the use of AI;
- Data Protection;
- Legal Certainty;
- Strategic alignment between the company’s goals and the necessary technology;
- Ease of integration with other standards;
- Ability to respond quickly to incidents.
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FAQs
This standard is applicable to any type of company. Get more information from Strongstep.
Strongstep will provide guidance on the steps, tools, and recommended methodologies for implementing an Artificial Intelligence Management System (AIMS).
Contact us geral@strongstep.pt, and we will provide more information.
The time required to complete the implementation process depends on the size and complexity of the company. Generally, it takes between 9 to 12 months.
Generally not, but it will depend on the specific sector, client requirements, and local regulations. Even if it is not mandatory, having this standard will enhance your company’s value in terms of trust and credibility with various stakeholders.
Failing to comply with the standard could result in the use of AI in an unsafe or unethical manner, leading to potential scandals, fines, and loss of trust from clients and stakeholders.
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