Infosys Receives ISO 42001:2023 Certification for Artificial Intelligence Management System

Rhea-AI Summary

Infosys has obtained the ISO 42001:2023 certification for its Artificial Intelligence Management System, becoming one of the first IT services companies globally to achieve this milestone. The certification highlights Infosys' dedication to responsible AI practices, accountability, and risk mitigation in AI initiatives. The AIMS framework is part of Infosys Topaz Responsible AI Suite, offering accelerators and solutions to drive responsible AI adoption across enterprises. The certification provides a systematic approach to AI management, ensuring strong AI practices across multiple areas including client services, internal adoption, and product development.

Positive

• Infosys becoming one of the first IT services companies globally to achieve the ISO 42001:2023 certification for its Artificial Intelligence Management System.

• The certification highlights Infosys' dedication to responsible AI practices, accountability, and risk mitigation in AI initiatives.

• The AIMS framework is part of Infosys Topaz Responsible AI Suite, offering accelerators and solutions to drive responsible AI adoption across enterprises.

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• None.

BENGALURU, India, May 7, 2024 /PRNewswire/ -- Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, today announced that it has been certified with ISO 42001:2023, world's first international standard on AI management systems, by TUV India (part of TÜV Nord Group), a leading independent provider of technical quality and safety services. Infosys is among the first IT services companies globally to have earned the certification for implementing an Artificial Intelligence Management System (AIMS) framework that fosters responsible AI practices and adherence to regulatory requirements for enhanced efficiency and accountability in AI initiatives.

This AIMS framework is a part of Infosys Topaz Responsible AI Suite, a set of 10+ offerings built around the Scan, Shield, and Steer framework. The certification underscores Infosys' dedication to responsible AI practices, enhancing accountability, and mitigating risks associated with AI initiatives.

The ISO 42001:2023 certification provides a clear roadmap and systematic approach to AI management, through effective risk mitigation and streamlined processes. By adhering to this global standard, Infosys can embed strong AI management practices across its diverse pursuits, for clients, internal adoption, and product development.

The Infosys Topaz Responsible AI Suite aims to monitor and protect AI models and systems from risks and threats, while enabling businesses to apply AI responsibly. The offerings, across the framework, include a combination of accelerators and solutions designed to drive responsible AI adoption across enterprises.

Lauding the remarkable achievement of Infosys, Manish Bhuptani, Managing Director of TUV India (TUV Nord Group), said, "Infosys has set a new benchmark for excellence and commitment to AI innovation. This certification not only underscores their dedication to quality and compliance but also reinforces their leadership in leveraging AI responsibly. TUV India (TUV Nord Group) is honored to have supported Infosys in this significant milestone and looks forward to continued collaboration in shaping the future of AI-driven solutions."

Rahul R. Nayak, Associate Vice President – System Certification, Training & Sustainability, TUV India (TUV Nord Group), said, "TUV India congratulates Infosys on being certified to Artificial Intelligence Management System based on ISO 42001:2023. We commend Infosys on being one of the first IT services companies globally to achieve the ISO 42001:2023 certification, testifying their commitment to excellence in AI management. This certification reflects Infosys' proactive approach in implementing robust systems and adhering to internationally recognized standards, ensuring ethical and efficient AI deployment. We appreciate the effort put in by the Infosys team to adopt a responsible AI framework based on the requirement of the standard and the core values of Infosys. A robust mechanism was adopted to assess the AI initiatives, which not only enhances the organization's credibility but also inspires trust and confidence in its AI-driven solutions globally."

Balakrishna D. R. (Bali), Executive Vice President, Global Services Head, AI and Industry Verticals, Infosys, said, "We are delighted to have received the ISO 42001:2023 certification. This achievement underscores our commitment to ethical and responsible use of artificial intelligence. The certification not only distinguishes us but also serves as a guiding beacon for our clients and stakeholders in navigating AI-related risks adeptly. With this certification, Infosys is poised to continually foster constructive transformations in the world of AI, championing Responsible AI principles."

About Infosys

Infosys is a global leader in next-generation digital services and consulting. Over 300,000 of our people work to amplify human potential and create the next opportunity for people, businesses and communities. We enable clients in more than 56 countries to navigate their digital transformation. With over four decades of experience in managing the systems and workings of global enterprises, we expertly steer clients, as they navigate their digital transformation powered by cloud and AI. We enable them with an AI-first core, empower the business with agile digital at scale and drive continuous improvement with always-on learning through the transfer of digital skills, expertise, and ideas from our innovation ecosystem. We are deeply committed to being a well-governed, environmentally sustainable organization where diverse talent thrives in an inclusive workplace.

Visit www.infosys.com to see how Infosys (NSE, BSE, NYSE: INFY) can help your enterprise navigate your next.

Safe Harbor

Certain statements in this release concerning our future growth prospects, or our future financial or operating performance, are forward-looking statements intended to qualify for the 'safe harbor' under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results or outcomes to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding the execution of our business strategy, our ability to attract and retain personnel, our transition to hybrid work model, economic uncertainties, technological innovations such as Generative AI, the complex and evolving regulatory landscape including immigration regulation changes, our ESG vision, our capital allocation policy and expectations concerning our market position, future operations, margins, profitability, liquidity, capital resources, our corporate actions including acquisitions, and cybersecurity matters. Important factors that may cause actual results or outcomes to differ from those implied by the forward-looking statements are discussed in more detail in our US Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2023. These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company's filings with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law.

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SOURCE Infosys

FAQ

What certification did Infosys receive for its Artificial Intelligence Management System?

Infosys received the ISO 42001:2023 certification for its Artificial Intelligence Management System.

What is the significance of the ISO 42001:2023 certification for Infosys?

The certification highlights Infosys' dedication to responsible AI practices, accountability, and risk mitigation in AI initiatives.

What is the AIMS framework mentioned in the press release?

The AIMS framework is part of Infosys Topaz Responsible AI Suite, offering accelerators and solutions to drive responsible AI adoption across enterprises.

Who supported Infosys in obtaining the ISO 42001:2023 certification?

TUV India (TUV Nord Group) supported Infosys in obtaining the ISO 42001:2023 certification.

Who lauded Infosys' achievement in obtaining the certification?

Manish Bhuptani, Managing Director of TUV India (TUV Nord Group), praised Infosys' achievement in obtaining the certification.