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12th August 2024

STX Next Partners With appliedAI, Europe’s Largest Initiative For The Application Of Trustworthy AI

The appliedAI management suite empowers businesses to identify, evaluate and prioritise AI initiatives, while remaining compliant with the EU AI Act.

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STX Next Partners With appliedAI, Europe’s Largest Initiative For The Application Of Trustworthy AI
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The appliedAI management suite empowers businesses to identify, evaluate and prioritise AI initiatives, while remaining compliant with the EU AI Act

STX Next, a global leader in IT consulting, has partnered with Europe’s largest initiative for applied artificial intelligence to deliver the appliedAI Management Suite, a management product that increases AI value creation and facilitates EU AI Act compliance. The solution makes risk assessment and AI portfolio optimisation easier, and will drive progress for the next generation of AI initiatives.

Through a centralised dashboard, the service seeks to increase return on investment whilst minimising the time, resources and costs associated with meeting compliance requirements. It sets out clear guidance and interpretation of regulatory guidelines to support organisations in navigating the complexities of the AI landscape. It targets AI and legal departments, aiming to make Europe a pioneer in AI, and a strong competitor on the global market.

The final product included tools such as a feasibility calculator that evaluates factors like data readiness, model deployment, and overall deployment ease on a 1-5 scale. Other features include a risk classifier solution for AI use cases in the early stages that supports with remodelling and modifying potential solutions.

The management suite can integrate with an organisation’s existing IT infrastructure to support data management and analysis, collecting from multiple sources including MLOps platforms, experiment-tracking tools, and data catalogues.

The team at STX Next worked with appliedAI to develop the suite using a range of technologies, including Python, Django, Kubernetes and Google Cloud. The partnership was struck due to STX Next’s wide-ranging expertise in software development and IT applications, as well as the company’s comprehensive AI experience.

Commenting on the collaboration, Ronald Binkofski, CEO at STX Next said: “Since the introduction of the EU AI act in March 2024, many businesses have sought effective new ways to manage their AI projects to ensure compliance while maximising their potential value.

“When the AI boom arrived, concerns were quickly raised around its governance and the protection of users. The new regulations were introduced by the EU to ensure that AI systems used in the region are safe, transparent, traceable, non-discriminatory and environmentally friendly, and as such they present complex but important challenges for businesses.

“Our partnership with appliedAI is a result of our shared support for the progression of responsible innovation. Our collaboration should make establishing the next series of AI projects a much less laborious process, and will contribute to a safer and fairer future for AI. Added together, this will make it much easier for new projects to reach their full potential.”


Categories: Articles, European Business News, Innovation & Tech

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