SMEs often rely on off-the-shelf or cloud-based AI models; however, these models are usually treated as black boxes. Explainable models are becoming more important due to regulations like the EU AI Act and America’s AI Action Plan. CIOs and IT leaders must have an explainability checklist to build confidence in deployments, maintain compliance, and strengthen trust with stakeholders and customers.
ISO/IEC 42001 is the world’s first international standard for managing AI responsibly. It provides a formal AI Management System framework to help AI developers embed governance and transparency into their AI. IT leaders and AI teams can embed this standard into procurement to ensure that their businesses only adopt auditable, trustworthy, and ethical AI.