EY and ServiceNow Strengthen Strategic Alliance for GenAI Solutions

By Anshika Mathews · AIM Media House

Global digital workflow leader ServiceNow and EY (Ernst & Young) announce an expansion of their strategic partnership, focusing on generative AI (GenAI) compliance, governance, and risk management. The collaboration aims to address challenges in adopting transformative AI technologies.

Transformative Potential of AI in the C-Suite EY Global Chairman and CEO, Carmine Dr Sibio, notes that the transformative potential of AI dominates the 2024 c-suite agenda.

The partnership between EY and ServiceNow is set to assist organizations in implementing robust governance to turn AI risk management into business value.

Leveraging ServiceNow's Now Assist GenAI Capabilities EY will leverage ServiceNow’s Now Assist GenAI capabilities to enhance experiences for EY professionals and clients. The focus is on amplifying EY capabilities within ServiceNow’s risk management solutions.

The collaboration aims to accelerate the adoption of GenAI on the ServiceNow platform. Bill McDermott's Vision for GenAI ServiceNow Chairman and CEO, Bill McDermott, expresses enthusiasm about the collaboration with EY to unleash the potential of GenAI.

The partnership aims to drive efficiency, productivity, and growth for customers, enabling the rapid adoption of GenAI on the ServiceNow platform.

New Offerings for AI Governance and Compliance The collaboration is set to introduce new AI solutions for the management and governance of AI, ensuring compliance with regulatory requirements.

EY's AI Governance and Compliance solution will include AI discovery, inventory management, policy implementation, risk tiering, and automated monitoring.

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