This RadarView aims to help enterprises understand the current state of AI and identify opportunities for leveraging this technology to streamline their business workflows. It begins with a summary of key trends shaping the supply side of the market. It continues with a detailed assessment of 11 providers delivering responsible AI platforms. Each profile gives an overview of the platform provider, its key IP and assets, and a list of major clients and partnerships, along with brief client case studies. Each profile concludes with an analyst’s insights on the provider’s product maturity, enterprise adaptability, and future readiness.
Why read this RadarView?
Owing to the emergence of new risks, such as hallucinations, copyright infringement, and cyberattacks associated with generative AI, enterprises have become more cognizant of AI governance. Furthermore, the surge in regulatory frameworks like the EU’s AI Act and the US NIST framework have pushed enterprises to ensure that their AI systems are compliant with these regulations. This has led to increased adoption of responsible AI platforms, and vendors are augmenting their offerings with advanced tools for AI/ML metadata management, large language model auditing, and regulatory compliance monitoring.
The Responsible AI Platforms 2024 RadarView™ highlights key supply-side trends in this space and Avasant’s viewpoint on them. It aids companies in identifying top service providers to assist them in their responsible AI journeys. It also analyzes each platform provider’s capabilities in technology and delivery support, enabling organizations to select the right strategic partners to implement responsible AI.
Featured providers
This RadarView includes a detailed analysis of the following applied AI platform providers: anch.AI, Aporia, Credo AI, Fairly AI, Fiddler AI, Holistic AI, IBM, ModelOp, Modulos, Monitaur, and Truyo.
Methodology
Our evaluation of service providers is based on primary input from the providers, focused briefings, public disclosures, validation from their clients, and Avasant’s ongoing market interactions. The assessment is across the three dimensions of product maturity, enterprise adaptability, and future readiness, leading to our recognition of those service providers that have brought the most value to the market over the past 12 months.
Table of contents
About the report (Page 3)
Executive summary (Pages 4–8)
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- Definition and scope of responsible AI Platforms
- Avasant recognizes 11 top-tier providers supporting the enterprise adoption of responsible AI Platforms
- Provider comparison
Supply-side trends (Pages 9–11)
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- Responsible AI platforms have evolved to ensure compliance with the ever-changing AI regulatory landscape.
- Investments in responsible AI have become a mandatory component in enterprise AI strategy, as 46% of enterprises are dedicatedly investing in this area.
Platform provider profiles (Pages 12–23)
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- Detailed profiles for anch.AI, Aporia, Credo AI, Fairly AI, Fiddler AI, Holistic AI, IBM, ModelOp, Modulos, Monitaur, and Truyo.
Appendix (Pages 24–27)
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- RadarView assessment
- Research methodology and coverage
- Interpretation of classification
Key contacts (Page 29)
Read the Research Byte based on this report.
