Latest news with #ISO42001
South China Morning Post
7 days ago
- Business
- South China Morning Post
Driverless bus incident points to Hong Kong's need for AI governance
Feel strongly about these letters, or any other aspects of the news? Share your views by emailing us your Letter to the Editor at letters@ or filling in this Google form . Submissions should not exceed 400 words, and must include your full name and address, plus a phone number for verification On June 22, two driverless buses collided at an intersection at Hong Kong International Airport. No injuries occurred and damage was minor. Yet the Airport Authority suspended autonomous bus services, which suggests how quickly public trust can evaporate without robust artificial intelligence (AI) governance. This was no isolated glitch. According to the authority, both buses arrived simultaneously at an uncontrolled junction. Their sensors failed to coordinate a right-of-way decision – a known edge case in autonomous systems. Hong Kong is investing billions in AI, from supercomputers to smart traffic. But leadership requires more than funding; it demands accountable governance. Unlike the European Union's AI Act (set to take full effect in 2026), which would classify autonomous buses as 'high-risk' systems, Hong Kong relies primarily on guidelines. There is no legal obligation for operators to follow internationally recognised protocols for pre-deployment testing or third-party audits of AI safety, for instance. Had ISO 42001 certification been required, the operator would likely have implemented continuous monitoring to detect and resolve sensor conflict before deployment. Under the EU AI Act's risk-based framework, real-time human oversight would be mandatory for systems of this kind.
Zawya
07-07-2025
- Business
- Zawya
Dubai Culture wins ‘Best AI Governance Framework 2025' at GovTech Innovation Awards
Dubai, United Arab Emirates: Dubai Culture & Arts Authority (Dubai Culture) has been named the winner of the Best AI Governance Framework of 2025 during the GovTech Innovation Forum & Awards, hosted by TahawulTech in Dubai. The annual event honours government entities and IT leaders for driving digital transformation in the UAE and developing innovative solutions to improve the lives of citizens and residents. The recognition celebrates Dubai Culture's AI-driven initiatives that have enhanced cultural accessibility and public engagement. These efforts support the UAE National AI Strategy 2031, which aims to establish the country as a global AI hub by 2031 and embed AI across all sectors. Dubai Culture stood out for adopting cutting-edge practices and integrating AI throughout its core activities while adhering to international standards and complying with national AI governance laws, policies, and regulations. The Authority also achieved ISO 42001:2023 certification for its AI management system, making it the first government entity in Dubai and the first cultural and arts institution worldwide, to receive this certification. It remains committed to empowering creative talent through advanced technological tools.
Al Bawaba
07-07-2025
- Business
- Al Bawaba
Dubai Culture Wins ‘Best AI Governance Framework 2025' at GovTech Innovation Awards
Dubai Culture & Arts Authority (Dubai Culture) has been named the winner of the Best AI Governance Framework of 2025 during the GovTech Innovation Forum & Awards, hosted by TahawulTech in Dubai. The annual event honours government entities and IT leaders for driving digital transformation in the UAE and developing innovative solutions to improve the lives of citizens and residents. The recognition celebrates Dubai Culture's AI-driven initiatives that have enhanced cultural accessibility and public engagement. These efforts support the UAE National AI Strategy 2031, which aims to establish the country as a global AI hub by 2031 and embed AI across all sectors. Dubai Culture stood out for adopting cutting-edge practices and integrating AI throughout its core activities while adhering to international standards and complying with national AI governance laws, policies, and regulations. The Authority also achieved ISO 42001:2023 certification for its AI management system, making it the first government entity in Dubai and the first cultural and arts institution worldwide, to receive this certification. It remains committed to empowering creative talent through advanced technological tools.
Yahoo
19-06-2025
- Business
- Yahoo
JAGGAER Becomes First Source-to-Pay Company to Achieve Elite ISO/IEC 42001 Certification for Artificial Intelligence Management System
Putting responsible and ethical AI at the heart of procurement innovation RESEARCH TRIANGLE PARK, N.C., June 19, 2025--(BUSINESS WIRE)--JAGGAER, a global leader in Source-to-Pay and supplier collaboration, today announced it has achieved ISO/IEC 42001:2023 certification for its Artificial Intelligence Management System (AIMS). This landmark achievement positions JAGGAER as the first company in the Source-to-Pay (S2P) industry to attain this rigorous international standard, underscoring its commitment to the responsible and ethical development and secure deployment of AI technologies. ISO/IEC 42001 is the world's first AI management system standard, designed to help organizations establish, implement, maintain, and continually improve an AIMS. The standard provides a framework for managing the unique challenges posed by AI systems, focusing on trustworthiness, transparency, accountability, and the mitigation of AI-related risks. "This certification is more than a compliance milestone—it reflects our belief that AI must be built on trust, transparency, and accountability," said Gopinath Polavarapu, Chief Digital and AI Officer at JAGGAER. "We're proud to lead the S2P industry in setting a new bar for responsible AI that helps our customers make smarter, safer decisions." The ISO/IEC 42001 certification validates JAGGAER's systematic approach to managing AI, ensuring that all AI-driven features within the JAGGAER One platform are developed and operated with considerations for ethical implications, data governance, security, and continuous improvement. As AI transforms the procurement landscape, this proactive stance on AI governance is not only critical but also confirms the company's longstanding track record in delivering advanced, trustworthy solutions. "Achieving ISO 42001 certification is about delivering real value and confidence to our customers," said Michael Garvin, Chief Information Security Officer at JAGGAER. "It's our commitment that AI is guided by clear, ethical principles to work effectively and fairly for your business. We proactively manage AI risks like security threats and bias, so you can leverage our innovative tools knowing your data and operations are secure. This certification validates that our solutions are built on a foundation of trust and transparency, giving you dependable, high-performing AI you can count on. I would like to congratulate the GRC team and everyone at JAGGAER who helped in this effort." JAGGAER's AI-powered solutions are designed to help organizations optimize their procurement processes, enhance supplier relationships, and gain actionable insights from their spend data. This certification further solidifies JAGGAER's position as a trusted partner for businesses embarking on their digital transformation journeys. About JAGGAER: JAGGAER is a global leader in enterprise procurement and supplier collaboration, and the catalyst for enhancing human decision-making to accelerate business outcomes. We help organizations to manage and automate complex processes while enabling their highly resilient, accountable, and integrated supplier base. Backed by 30 years of expertise, our proven AI-powered industry-specific solutions, services, and partnerships form JAGGAER One, serving direct and indirect, upstream, and downstream, in settings demanding an intelligent and comprehensive source-to-pay solution. Our 1,200 global employees are obsessed with helping customers create value, transform their businesses, and accelerate their journey to Autonomous Commerce. View source version on Contacts For Jaggaer: Josephine OrnagoEmail: pr@ Cell: +39 3662250305 Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
19-06-2025
- Business
- Yahoo
JAGGAER Becomes First Source-to-Pay Company to Achieve Elite ISO/IEC 42001 Certification for Artificial Intelligence Management System
Putting responsible and ethical AI at the heart of procurement innovation RESEARCH TRIANGLE PARK, N.C., June 19, 2025--(BUSINESS WIRE)--JAGGAER, a global leader in Source-to-Pay and supplier collaboration, today announced it has achieved ISO/IEC 42001:2023 certification for its Artificial Intelligence Management System (AIMS). This landmark achievement positions JAGGAER as the first company in the Source-to-Pay (S2P) industry to attain this rigorous international standard, underscoring its commitment to the responsible and ethical development and secure deployment of AI technologies. ISO/IEC 42001 is the world's first AI management system standard, designed to help organizations establish, implement, maintain, and continually improve an AIMS. The standard provides a framework for managing the unique challenges posed by AI systems, focusing on trustworthiness, transparency, accountability, and the mitigation of AI-related risks. "This certification is more than a compliance milestone—it reflects our belief that AI must be built on trust, transparency, and accountability," said Gopinath Polavarapu, Chief Digital and AI Officer at JAGGAER. "We're proud to lead the S2P industry in setting a new bar for responsible AI that helps our customers make smarter, safer decisions." The ISO/IEC 42001 certification validates JAGGAER's systematic approach to managing AI, ensuring that all AI-driven features within the JAGGAER One platform are developed and operated with considerations for ethical implications, data governance, security, and continuous improvement. As AI transforms the procurement landscape, this proactive stance on AI governance is not only critical but also confirms the company's longstanding track record in delivering advanced, trustworthy solutions. "Achieving ISO 42001 certification is about delivering real value and confidence to our customers," said Michael Garvin, Chief Information Security Officer at JAGGAER. "It's our commitment that AI is guided by clear, ethical principles to work effectively and fairly for your business. We proactively manage AI risks like security threats and bias, so you can leverage our innovative tools knowing your data and operations are secure. This certification validates that our solutions are built on a foundation of trust and transparency, giving you dependable, high-performing AI you can count on. I would like to congratulate the GRC team and everyone at JAGGAER who helped in this effort." JAGGAER's AI-powered solutions are designed to help organizations optimize their procurement processes, enhance supplier relationships, and gain actionable insights from their spend data. This certification further solidifies JAGGAER's position as a trusted partner for businesses embarking on their digital transformation journeys. About JAGGAER: JAGGAER is a global leader in enterprise procurement and supplier collaboration, and the catalyst for enhancing human decision-making to accelerate business outcomes. We help organizations to manage and automate complex processes while enabling their highly resilient, accountable, and integrated supplier base. Backed by 30 years of expertise, our proven AI-powered industry-specific solutions, services, and partnerships form JAGGAER One, serving direct and indirect, upstream, and downstream, in settings demanding an intelligent and comprehensive source-to-pay solution. Our 1,200 global employees are obsessed with helping customers create value, transform their businesses, and accelerate their journey to Autonomous Commerce. View source version on Contacts For Jaggaer: Josephine OrnagoEmail: pr@ Cell: +39 3662250305
