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What is IBM watsonx.governance?

While the quality of models may vary, establishing governance is essential for ensuring responsible and ethical decision-making across an organization. The IBM® watsonx.governance™ toolkit for AI governance allows you to effectively manage, monitor, and oversee your organization's AI projects. By leveraging software automation, it significantly improves your ability to mitigate risks, comply with regulations, and address ethical considerations associated with generative AI and machine learning (ML) models. This toolkit equips you with automated and scalable governance, risk, and compliance tools that cover various areas, including operational risk, policy management, financial oversight, IT governance, and both internal and external audits. You can proactively recognize and reduce model risks while translating AI regulations into actionable policies that are automatically enforced, guaranteeing that your organization adheres to compliance standards and maintains ethical integrity in its AI practices. Additionally, this thorough strategy not only protects your operations but also builds confidence among stakeholders regarding the reliability of your AI systems. In a rapidly evolving technological landscape, embracing such governance measures is vital for sustainable growth and innovation.

What is FairNow?

FairNow equips organizations with essential AI governance tools to maintain global compliance and effectively manage AI-related risks. The platform’s user-friendly and centralized features have won the approval of Chief Product Officers and Chief AI Officers alike. By continuously monitoring AI models, FairNow ensures that all models maintain fairness, readiness for audits, and compliance with regulatory requirements. Among its standout features are: - Intelligent AI risk assessments that provide real-time evaluations of AI models based on their operational settings, revealing potential risks to reputation, finances, and operations. - Hallucination Detection, which identifies errors and unexpected outputs. - Automated bias evaluations that facilitate immediate assessments and address algorithmic biases as they arise. Additionally, FairNow offers: - An AI Inventory, - A Centralized Policy Center, - Defined Roles & Controls. With its comprehensive AI governance platform, FairNow instills confidence in organizations as they build, procure, and implement AI technologies, paving the way for responsible innovation. This commitment to ensuring ethical AI practices empowers teams to focus on their core objectives while navigating complex regulatory landscapes.

Media

Media

Integrations Supported

IBM watsonx Assistant
IBM watsonx.ai

Integrations Supported

IBM watsonx Assistant
IBM watsonx.ai

API Availability

Has API

API Availability

Has API

Pricing Information

$1,050 per month
Free Trial Offered?
Free Version

Pricing Information

Pricing not provided.
Free Trial Offered?
Free Version

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Supported Platforms

SaaS
Android
iPhone
iPad
Windows
Mac
On-Prem
Chromebook
Linux

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Customer Service / Support

Standard Support
24 Hour Support
Web-Based Support

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Training Options

Documentation Hub
Webinars
Online Training
On-Site Training

Company Facts

Organization Name

IBM

Date Founded

1911

Company Location

United States

Company Website

www.ibm.com/products/watsonx-governance

Company Facts

Organization Name

FairNow

Date Founded

2023

Company Location

United States

Company Website

fairnow.ai/

Categories and Features

Data Governance

Access Control
Data Discovery
Data Mapping
Data Profiling
Deletion Management
Email Management
Policy Management
Process Management
Roles Management
Storage Management

Categories and Features

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