AI-TRiSM - Trust, Risk and Security Management in the Age of AI
Co-authored by Lara Sunday and Pojan Shahrivar
As artificial intelligence (AI) and machine learning (ML) technologies continue to advance and proliferate, organizations across industries are investing heavily in these transformative capabilities. According to Gartner, by 2027, spending on AI software will grow to $297.9 billion at a compound annual growth rate of 19.1%. Generative AI (GenAI) software spend will rise from 8% of AI software in 2023 to 35% by 2027.
With the promise of enhanced efficiency, personalization, and innovation, organizations are increasingly turning to cloud environments to develop and deploy these powerful AI and ML technologies. However, this rapid innovation also introduces new security risks and challenges that must be addressed proactively to protect valuable data, intellectual property, and maintain the trust of customers and stakeholders.
Benefits of Cloud Environments for AI Development
Cloud platforms offer unparalleled scalability, allowing organizations to easily scale their computing resources up or down to meet the demanding requirements of training and deploying complex AI models.
"The ability to spin up and down resources on-demand has been a game-changer for our AI development efforts," says Stuart Millar, Principal AI Engineer at Rapid7. "We can quickly provision the necessary compute power during peak training periods, then scale back down to optimize costs when those resources are no longer needed."
Cloud environments also provide a cost-effective way to develop AI models, with usage-based pricing models that avoid large upfront investments in hardware and infrastructure. Additionally, major cloud providers offer access to cutting-edge AI hardware and pre-built tools and services, such as Amazon SageMaker, Azure Machine Learning, and Google Cloud AI Platform, which can accelerate development and deployment cycles.
