Latest news with #ISO42001
Yahoo
a day ago
- 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
a day ago
- 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
Associated Press
12-06-2025
- Business
- Associated Press
Workday Achieves Top AI Certifications, Reinforcing Commitment to Responsible AI
Company Achieves ISO 42001 and NIST AI RMF Alignment for Ethical AI PLEASANTON, Calif., June 12, 2025 /PRNewswire/ -- Workday, Inc. (NASDAQ: WDAY), the AI platform for managing people, money, and agents, today announced that it has earned two highly respected third party accreditations for its AI governance program. These certifications affirm Workday's leadership in building AI responsibly and fostering trust in its products and services. Workday has achieved ISO 42001 accreditation, a prestigious international recognition signifying the company's commitment to developing AI responsibly and transparently. The company also received independent attestation of alignment with the National Institute of Standards in Technology AI Risk Management Framework (NIST AI RMF), a rigorous set of best practices developed by the U.S. Department of Commerce that demonstrates the company's ability to manage AI risks effectively when developing AI. Workday proactively and voluntarily underwent these stringent evaluations to provide customers with unparalleled confidence in the company's AI development practices. These accreditations, independently verified by leading assessors Schellman and Coalfire, underscore Workday's dedication to developing AI responsibly, including protections for fundamental human rights, safety, security, and privacy. 'Workday is committed to developing AI that amplifies human potential and inspires trust,' said Dr. Kelly Trindel, chief responsible AI officer, Workday. 'Our robust responsible AI governance program is key to delivering the innovative, trustworthy products our customers expect, and this dual recognition affirms our leadership in this critical area.' In light of rapidly evolving AI standards and regulations, this strategic step directly addresses any concerns about how the company identifies and mitigates potential AI risks to fundamental human rights and safety. 'Workday demonstrated a strong AI governance program along with the internal expertise to manage the risks induced by using AI within their SaaS products,' said Mandy Pote, managing principal, Coalfire. 'During the assessment, Workday not only articulated the design of its AI program but also provided clear documentation and evidence to substantiate its AI risk practices.' 'We are proud to have been Workday's trusted partner in achieving ISO 42001 certification. As a leader in enterprise cloud applications for finance and HR, Workday continues to set the standard for responsible AI in the technology sector,' said Danny Manimbo, principal and ISO practice leader, Schellman. 'This achievement reflects their commitment to embedding trust, transparency, and governance into the very core of their AI-driven innovations—values we are proud to support.' About Workday Workday is the AI platform for managing people, money, and agents. The Workday platform is built with AI at the core to help customers elevate people, supercharge work, and move their business forever forward. Workday is used by more than 11,000 organizations around the world and across industries – from medium-sized businesses to more than 60% of the Fortune 500. For more information about Workday, visit Forward-Looking Statements This press release contains forward-looking statements including, among other things, statements regarding Workday's plans, beliefs, and expectations. These forward-looking statements are based only on currently available information and our current beliefs, expectations, and assumptions. Because forward-looking statements relate to the future, they are subject to inherent risks, uncertainties, assumptions, and changes in circumstances that are difficult to predict and many of which are outside of our control. If the risks materialize, assumptions prove incorrect, or we experience unexpected changes in circumstances, actual results could differ materially from the results implied by these forward-looking statements, and therefore you should not rely on any forward-looking statements. Risks include, but are not limited to, risks described in our filings with the Securities and Exchange Commission ('SEC'), including our most recent report on Form 10-Q or Form 10-K and other reports that we have filed and will file with the SEC from time to time, which could cause actual results to vary from expectations. Workday assumes no obligation to, and does not currently intend to, update any such forward-looking statements after the date of this release, except as required by law. Any unreleased services, features, or functions referenced in this document, our website, or other press releases or public statements that are not currently available are subject to change at Workday's discretion and may not be delivered as planned or at all. Customers who purchase Workday services should make their purchase decisions based upon services, features, and functions that are currently available. © 2025 Workday, Inc. All rights reserved. Workday and the Workday logo are registered trademarks of Workday, Inc. All other brand and product names are trademarks or registered trademarks of their respective holders. View original content to download multimedia: SOURCE Workday Inc.
Yahoo
04-06-2025
- Business
- Yahoo
Swimlane Joins the Likes of Google and Microsoft with Elite AI Governance ISO Certification
One of only 30 companies to earn ISO 42001 certification, setting the standard for responsible AI automation DENVER, June 04, 2025--(BUSINESS WIRE)--Swimlane, AI hyperautomation for the entire security organization, today announced its recognition as one of the first 30 companies globally to achieve the ISO 42001 certification for artificial intelligence (AI) and one of approximately 15 companies worldwide to hold the rare trifecta of ISO 42001, ISO 27001 and ISO 27701 certifications. This landmark achievement underscores Swimlane's leadership in operationalizing responsible AI and its unwavering commitment to the highest standards of security, privacy and ethical AI governance. "We are proud to be among the first to be ISO 42001 certified," said Michael Lyborg, CISO at Swimlane. "This affirms our ongoing commitment to providing customers with trusted AI innovation that prioritizes transparency, privacy and operational integrity directly in our platform. With Swimlane Turbine, security teams are empowered to operate with unprecedented confidence." "For our customers, these ISO certifications aren't just good practice, they're essential assurances," says Jack Rumsey, Head of GRC at Swimlane. "These International Standards validate that Swimlane is innovating with rigorous governance, ironclad data protection and unwavering privacy adherence. Our AI capabilities are not only effective but also ethically sound, secure by design, and fully conforming with global best practices." Swimlane customers benefit from certifications to the most rigorous International Standards: ISO 42001 – Artificial Intelligence Management: This groundbreaking standard ensures transparency, ethical oversight and accountability in AI systems. Swimlane's early adoption signals its leadership in building secure, explainable and trusted AI-driven security automation. ISO 27001 – Information Security Management: Swimlane has recertified its ISO 27001 scope, first achieved in 2023, affirming its enterprise-grade approach to information security. This globally recognized standard reflects Swimlane's proactive investment in building and continuously improving a resilient Information Security Management System (ISMS) designed to defend against evolving threats and ensure business continuity for customers. ISO 27701 – Privacy Information Management: This standard, which builds upon ISO 27001, establishes a framework for managing personally identifiable information (PII) in accordance with global regulations like GDPR. Swimlane's certification in ISO 27701 extends its security commitments into the data privacy domain, underscoring the company's unwavering dedication to privacy-first practices and responsible data stewardship as a PII Processor. Swimlane was audited by Mastermind, an accredited management systems certification body, to obtain all three ISO certifications. According to David Forman, CEO of Mastermind, "These internationally recognized standards affirm that a vendor operates with the discipline, transparency, and operational maturity needed to safeguard sensitive data and conform to the world's most rigorous requirements." Forman added, "Earning certifications for ISO 27001, ISO 27701, and ISO 42001 places Swimlane in an elite tier of providers that demonstrate trust through verified action. With only a small number of companies worldwide achieving all three, this accomplishment represents a rare and meaningful level of third-party assurance across security and AI governance." Additional Resources: To learn more about Swimlane's corporate security & compliance standards: To request a demo, visit About Swimlane At Swimlane, we believe the convergence of agentic AI and automation can solve the most challenging security, compliance and IT/OT operations problems. With Swimlane, enterprises and MSSPs benefit from the world's first and only hyperautomation platform for every security function. Only Swimlane gives you the scale and flexibility to build your own hyperautomation applications to unify security teams, tools and telemetry ensuring today's SecOps are always a step ahead of tomorrow's threats. Learn more: View source version on Contacts Media Contacts Allison Knightswimlane@ 806-570-9819 Sign in to access your portfolio
Mid East Info
03-06-2025
- Business
- Mid East Info
HITEK AI achieves ISO 42001 certification, the first international standard for AI management systems - Middle East Business News and Information
Dubai, United Arab Emirates: Middle East-based smart AI-powered FM solutions provider HITEK AI , which is part of the Farnek group of companies, has achieved ISO 42001 certification, the first international standard for Artificial Intelligence Management Systems. With a strong focus on operational excellence and risk mitigation, ISO 42001 provides a structured framework for organisations to design, develop, implement, monitor, and improve AI systems responsibly and ethically. 'HITEK AI is the first FM-related company in the Middle East to achieve ISO 42001 and as such this gives us and all Farnek group companies a distinct competitive advantage and demonstrates our leadership by complying with international AI standards and aligning with global best practices and ethical principles,' said Javeria Aijaz, Managing Director, HITEK AI. 'This enables HITEK AI to demonstrate its leadership in AI governance and compliance, setting a benchmark for responsible AI implementation throughout the region's facilities management industry,' she added. HITEK AI achieved ISO 42001 certification following a long rigorous audit process conducted by Callids Global Quality & Standardization, an accredited external auditor. This involved comprehensive assessments of their process management systems, policies, risk management frameworks, data governance practices, and ethical compliance measures. The extensive evaluation demonstrated its commitment to aligning with international best practices and standards for AI management, security, and transparency. Throughout the certification process, the company consistently evidenced robust implementation, continuous monitoring, and systematic improvement of its AI solutions and protocols. 'This certification is more than just a milestone for us… it's a clear signal that HITEK AI operates with a strong, structured internal compass to govern the way we build and manage AI. In a fast-evolving landscape, where trust and transparency matter more than ever, ISO 42001 is a stamp of quality assurance that we've embedded ethics, quality, and accountability into the heart of our AI systems. We're not just innovating for today here…we're leading responsibly,' commented Ryan Mitchell, Director – QHSEW, at Farnek. ISO 42001 also allows organisations to identify and mitigate AI-related risks, including critical errors, security threats, and ethical concerns, which supports and improves responsible decision making. 'Moreover, our certification will improve the accuracy, reliability, and sustainability of our AI modeling and optimise AI-driven operations to realise maximum impact. Businesses working with us can rest assured that they have chosen a partner with reliable, responsible, and secure AI processes, supporting their innovation and growth,' added Aijaz. Photo Caption: (L–R) Markus Oberlin, Group CEO, Farnek; Javeria Aijaz, Managing Director, HITEK; Ryan Mitchell, Director – QHSEW, at Farnek. About HITEK AI: HITEK AI is a part of Farnek Group, a leading industry expert with over 45 years of technical expertise and operational experience in Facilities Management, Hospitality, and Technology Infrastructure. Our broad range of intelligent applications is a result of people, processes, and technology empowering our customers with digital, business, and technological transformation. Our solutions are aimed at complementing leaner and more sustainable operational processes that increase productivity and reduce energy consumption. Any FM Company would like to adapt the power of digitalisation, can contact HITEK Services on info@ About Farnek: Farnek is the leading provider of sustainable and technology-driven Facilities Management in the United Arab Emirates. Established in the UAE since 1980, Farnek Services LLC is a Swiss- owned independent total facilities management company. With a skilled workforce of more than 10,000 employees, Farnek delivers professional Facilities Management services across several sectors: Aviation, Hospitality, Banking, Retail, Telecom, Residential, Commercial, Infrastructure, Government, Education, Leisure, and Entertainment.
