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Mphasis Limited ( (IN:MPHASIS) ) has issued an announcement.
Mphasis Limited has achieved the ISO/IEC 42001:2023 certification for Artificial Intelligence Management Systems, accredited by TÜV SÜD South Asia Private Limited. This certification underscores Mphasis’ dedication to responsible AI innovation, ensuring that its AI solutions meet the highest global standards of integrity and compliance. The achievement is expected to enhance trust and reduce risks in AI adoption, aligning with increasing regulatory scrutiny and customer expectations. As a result, Mphasis has seen a significant rise in AI-led deals, now representing 68% of its total new contract wins, indicating a strong market demand for its AI-driven solutions.
More about Mphasis Limited
Mphasis Limited is an Information Technology solutions provider that specializes in cloud and cognitive services. The company focuses on developing innovative AI-driven solutions and is recognized for its commitment to global AI standards and ethical governance.
Average Trading Volume: 14,384
Technical Sentiment Signal: Buy
Current Market Cap: 536.6B INR
See more insights into MPHASIS stock on TipRanks’ Stock Analysis page.