GenAI is being embedded into enterprise software. This has implications for governance and regulatory compliance
GenAI is being embedded into enterprise software. This has implications for governance and regulatory compliance
IT leaders are being advised to prepare for the rise in legal disputes and regulatory compliance mishaps arising from the use of generative AI (GenAI) in their organisations.
A Gartner survey of 360 IT leaders involved in the roll-out of GenAI tools found that over 70% indicated that regulatory compliance is within their top three challenges for their organisation’s widespread GenAI productivity assistant deployment.
GenAI is fast becoming a core component of enterprise software. Gartner recently stated that in less than 36 months, GenAI capability will become a baseline requirement for software products. “Every software market has already surpassed first-mover advantage, and by 2026, more money will be spent on software with GenAI than without,” Gartner said.
But the increase in the use of GenAI is having a profound effect on the ability of organisations to remain secure and compliant with regulations. The analyst reported that only 23% of respondents are very confident in their organisation’s ability to manage security and governance components when rolling out GenAI tools in their enterprise applications.
