Crunch time: Evolve or face being left behind

The honeymoon period is over and the time of "set and forget" compliance technology is gone. For those operating at the intersection of privacy, artificial intelligence governance and broader digital governance, the complexities of meeting changing regulatory requirements have transformed compliance from a legal hurdle into a higher-stakes data engineering and business-defining challenge and opportunity.

In previous years, simply having an off-the-shelf tool was enough to tick the box and satisfy the board that compliance was being handled. Today, in a maturing market, the questions have become more pointed: Is it actually working? Is it worth the cost? Are we using the right tool for the right task? And, crucially: Are there better providers?

This is why this year's annual IAPP Governance Survey is taking a more specific look at compliance technologies. 

Beyond the hype: Moving to meaningful automation

The term automation has been bandied about for years, often masking simple workflows as highly sophisticated AI. In a maturing market with ever present pressures on budgets, senior leaders need to have a clear picture of compliance technology performance.

This year's governance survey again asks professionals to categorize their specific tasks and rank the extent of automation in their work. These results should allow compliance professionals to explore whether and how peers have successfully automated work, freeing up human power to prioritize higher-risk and higher opportunity work. 

The engineering dilemma: Build or buy