OpenText Joins OECD HAIP Framework to Promote Responsible AI Governance and Transparency

- OpenText joins OECD's HAIP framework, reinforcing its commitment to responsible AI governance and ethical data management.
- The company aims to enhance AI risk management and transparency for its global network of clients.
- OpenText's proactive stance sets a benchmark in the tech industry for accountability and ethical AI deployment.
OpenText, a leading player in data management for enterprise AI, strengthens its commitment to responsible AI governance by joining the OECD's Hiroshima AI Process (HAIP) Reporting Framework. This strategic move signals OpenText's alignment with the G7's voluntary code for safe AI development and deployment, aimed at fostering trust in artificial intelligence. CEO Ayman Antoun emphasizes that trust in AI fundamentally begins with robust data governance and contextualization, a principle that OpenText has upheld for over 35 years. By playing a pivotal role in this framework, OpenText not only aims to enhance AI risk management and transparency but also to support the company’s broad network of clients across the globe, including over 120,000 operations in 180 countries.
Strengthening Data Governance for AI Integration
OpenText’s participation in the HAIP is a significant endorsement for the company's existing initiatives in data management, particularly concerning the governance and ethical deployment of AI technologies. As the company facilitates over $15 trillion CAD worth of annual B2B commerce through its Business Network, ensuring a comprehensive data foundation is pivotal for fostering transparency and accountability in AI interactions. Executive Vice President and Chief Digital Officer Shannon Bell stresses that proper data governance must precede AI deployment, reinforcing OpenText's dual role as both provider and user of its data management solutions.
Leading the Charge in AI Governance
The inclusion of OpenText in the OECD's HAIP framework not only establishes the company as a leader in responsible AI governance but also underscores Canada's position in the global dialogue around AI practices. In an environment where the tech industry increasingly seeks clear regulations, OpenText’s proactive stance and commitment to ethical AI deployment set a benchmark for other organizations.
Conclusion
This commitment is further illustrated by OpenText being an early signatory of Canada's Voluntary Code of Conduct on responsible AI development, which emphasizes a proactive approach to guiding industry practices towards ethical AI use.
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