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Using AI Governance to Save Time for a Global Chemical Company

RESULTS

99.9%

Improvement in time taken for risk assessments after moving from manual to AI

EXECUTIVE SUMMARY

The need: A live platform to govern all AI tools and use cases enterprise wide.

The outcome: We helped a global chemical manufacturer and distributor build a registry that cuts risk assessment time from weeks to minutes.

Bonus: It can be tailored as business needs change and is customizable for any company regardless of industry or geography.

STRATEGIC PARTNER

Amazon Web Services (AWS)

SERVICES

Responsible AI, EPAM AI/Run™

INDUSTRY

Industrial

Governance Guardrails Save Time

A global chemical company required a structured, auditable platform to register, assess and govern all AI tools across the enterprise — replacing ad hoc spreadsheets and email chains with a transparent workflow aligned to EU AI Act compliance standards.

The result? A registry, including dashboards and a chat-based interface, that cuts risk assessment time from weeks to minutes — a 99.9% improvement in time invested. 

THE CHALLENGE

Understanding Risk

Many companies are rushing to implement AI initiatives with the hope of a quick return on investment (ROI). But that rarely happens without first establishing the proper Responsible AI (RAI) foundation via governance. 

The global chemical company relied heavily on spreadsheets and manual processes for its AI governance. As a result, the company was experiencing a bottleneck that was curtailing AI achievement and ROI. Recognizing the challenge, the company engaged EPAM to construct a solution.

Based on an assessment of the company’s AI maturity, the needs became clear:

  • The company wanted to develop better visibility, consistent AI literacy and clear standard operating procedures to track and communicate regarding AI projects. 
  • In addition to the EU AI Act and other in-scope regulations, the company must adhere to many industry compliance standards. 
  • Finally, the solution had to easily integrate into the company’s existing Asana work management platform.

Long seen as a cumbersome to-do item for many companies, AI governance, done well, has evolved into a vital enabler of innovation and efficiency.

THE SOLUTION

Governance as an Enabler

Together we developed an RAI governance accelerator that allowed the company to completely transform its risk evaluation process. Instead of spending weeks with spreadsheets and email threads, people can now use the accelerator to get what they need in minutes.

We designed the RAI governance accelerator as a registry and inventory, which provides clear visibility of all AI use cases and systems that anyone in the organization is adopting or deploying.

  • Mitigates Risk

    The registry provides an immediate analysis of any risks that come with adopting an AI system or use case plus the potential risks associated with future deployment.

  • Prevents Duplicate AI Systems

    The registry allows users to search for what already exists, so that unnecessary purchases can be avoided and so that existing tools can help the user create something new.

Governance = Success

The RAI governance accelerator can be customized for any industry, sector, jurisdiction, regulatory or organizational need.

The level of risk is also customizable as every industry and every enterprise is different, and it can be tailored to fit any infrastructure. 

Realizing ROI requires a baseline level of organizational discipline and visibility. At its core, AI governance provides exactly that — a structured approach to maintaining oversight that ensures efforts are focused, value is captured and risks are effectively managed.

TECH STACK 

PARTNER WITH US

Ready to explore how Responsible AI and good governance can save time and create ROI?