Privacera, a leader in AI and data security governance, has been named a finalist in The 2024 A.I. Awards for “AI Implementation of the Year.” The award recognizes Privacera’s innovation and excellence in using cloud AI technologies, highlighting their contributions to secure generative AI solutions. As the creators of Apache Ranger, Privacera continues to push boundaries in AI governance and security.
- Rapid Growth of Generative AI
- According to McKinsey, 65% of organizations now regularly use generative AI, a number that has doubled in the past year.
- As generative AI rapidly evolves, so do the risks associated with handling sensitive data. Privacera’s AI Governance solution offers security and ethical transparency in AI applications, a key focus for modern organizations.
- Privacera AI Governance (PAIG) Solution
- Privacera’s industry-leading PAIG solution was recently open-sourced to help organizations embrace secure and transparent generative AI.
- The comprehensive governance framework ensures the ethical use of AI while implementing robust security measures for sensitive corporate and personal information.
- Award Recognition
- The 2024 A.I. Awards program celebrates excellence in cloud AI across categories like NLP, cybersecurity, and specific industry verticals.
- Privacera’s recognition as a finalist reflects their leadership in the AI space, ensuring AI projects transition from proof of concept to full implementation.
- CEO Insights
- CEO Balaji Ganesan noted that generative AI projects often stall due to inadequate security measures. Privacera’s AI Governance solution addresses these challenges, positioning the company at the forefront of secure AI innovation.
Privacera’s recognition as a finalist in the 2024 A.I. Awards reinforces its role as a leader in AI governance and security. With the growing adoption of generative AI, Privacera’s solutions provide the security and ethical transparency necessary for organizations to safely implement AI technologies, pushing the boundaries of innovation in cloud AI.
