Solution Overview & Introduction
What is Regul8?
Tech M introduces Regul8 which is a comprehensive consulting service and tool designed to help organizations achieve compliance and operational readiness under the EU AI Act. It provides an end-to-end, 8-guided module approach to achieving compliance. The solution leverages Azure AI Document intelligence, Azure AI search, GitHub Copilot services and an additional layer of Power BI which makes it a robust solution.
Customer/Business Challenges It Addresses
Organizations face significant challenges in EU AI Act compliance:
Lack of Starting Point: Many clients are unsure where to begin their compliance journey.
Ambiguous Risk Classification: Understanding and classifying AI system risks is a significant hurdle. About 40% of corporate AI systems may experience classification ambiguity.
Siloed AI Systems: Difficulty in gaining a unified view across numerous siloed AI systems.
Multiple Stakeholders & Value Chains: Challenges in defining clear liabilities and coordinating across multiple partners and value chains, especially for companies that are both users and providers of AI solutions.
Readiness Gap: Only 6% of organizations have built their Responsible AI (RAI) foundations, with 69% having some dimensions and 25% yet to start.
Lack of Risk Management Frameworks: 47% of surveyed organizations have not developed a risk management framework, which is essential for responsible AI development.
Limited Risk Mitigation Implementation: Only 39% of organizations have started implementing various risk mitigation tools and techniques.
Documentation & Audit Burden: An expected increase in documentation and audit burden by 20%.
Applicable Scenarios & Impacted Roles
Risk-Based Approach: The Act categorizes AI applications based on perceived risk to health, safety, and fundamental rights:
- Level 1: Unacceptable Risk (Prohibited AI practices, e.g., social scoring, exploitative AI, real-time biometric identification in public spaces for law enforcement).
- Level 2: High Risk (e.g., AI in critical infrastructure, education, employment, law enforcement, migration, justice).
- Level 3: Limited Risk (e.g., chatbots, emotion recognition systems, deepfakes).
- Level 4: No or Minimal Risk (e.g., videogames, purchase recommendations).
Impacted Roles in AI Value Chain:
- Provider: Develops an AI system and intends to put it on the EU market.
- Deployer: Uses an AI system under its authority for professional activity.
- Distributor: Makes an AI system available on the EU market (other than provider or importer).
- Importer: Places or puts into service an AI system in the EU with their product under their name or trademark.
Affected Stakeholders in Your Organization:
- Chief Information Security Officers (CISOs)
- AI Developers and AI Engineers
- CDOs and CPOs (Chief Privacy Officers)
- Business Executives and Directors
- Legal Officers
- Customer and End Users
Key Features & Functionalities
Regul8 offers comprehensive features such as:
- End-to-End 8 Guided Modules
- Executive Dashboard
- Automated Risk Classification
- AI System Inventory & Cataloguing
- Seamless Integration
- Automated Compliance Report Generation
- Pre-loaded AI Literacy & Education
- Role-Based Access Management.
- Lifecycle Tracking
- Stakeholder Identification
- Risk Monitoring
Business Benefits
Regul8 provides significant benefits for organizations navigating the EU AI Act:
- Streamlined Compliance: One-stop-tool for aggregating all evidence and metrics covering all 113 articles required in the EU AI Act.
- Clarity in Risk Assessment: Eliminates ambiguity in understanding and identifying the level of risk for AI systems.
- Unified AI Inventory: Creates a unified inventory of all AI systems across the organization.
- Standardized Reporting: Enables standardized reporting across the entire organization.
- Expert Guidance: Access to expert AI compliance consulting to establish standard compliance processes.
- Reduced Consequences of Non-Compliance: Mitigates severe consequences such as:
- Fundamental Rights Breach
- Compensation and multiple lawsuits/claims
- Death or injury
- Regulatory breach leading to withdrawn licenses or multiple notices
- Brand reputation damage (sustained damage, more than a week)
- Financial penalties up to €35M or €57.5M