EY And ServiceNow Expand Strategic Alliance To Provide Solutions For Generative AI Compliance, Governance And Risk Management
Portfolio Pulse from Benzinga Newsdesk
EY and ServiceNow (NYSE:NOW) have expanded their strategic alliance to provide solutions for generative AI (GenAI) compliance, governance, and risk management. EY will utilize ServiceNow's Now Assist GenAI capabilities to enhance experiences for its professionals and clients. The new AI solutions will amplify EY's capabilities on ServiceNow's risk management solutions and are expected to be available in Q1 2024. The offerings aim to improve AI management and governance, ensure compliance with regulations, and promote ethical business practices. ServiceNow and EY have a history of collaboration and plan to focus on additional offerings for specific industries in 2024.
January 24, 2024 | 9:37 pm
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ServiceNow is expanding its strategic alliance with EY to provide GenAI compliance, governance, and risk management solutions, which may enhance its product offerings and market position.
The expansion of the strategic alliance with EY to provide GenAI solutions is likely to be viewed positively by investors as it enhances ServiceNow's product suite and addresses a growing need for AI governance in the market. This could lead to increased adoption of ServiceNow's platforms and tools, potentially driving revenue growth and improving its competitive edge.
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