AI Governance Strategy and Professional Services Overview

This document is a market insight report that discusses Domino Data Lab's new AI governance module and professional services aimed at enhancing AI governance for organizations. It outlines the growing importance of AI governance, particularly in light of increasing regulatory pressures such as the EU AI Act and China's Interim AI Measures for Generative AI. The report details how Domino Governance integrates governance into data science workflows, providing customizable policies, compliance management, and real-time monitoring of AI model risks. It describes the professional services offered by Domino Data Lab, including assessments and workshops designed to help organizations identify and address AI governance risks. The report emphasizes the need for organizations to adopt effective governance practices to mitigate legal and financial risks associated with AI models. Additionally, it highlights the potential for Domino Data Lab to increase revenue through software sales and consulting services, while providing a comprehensive framework for managing AI governance within their platform.