Business

Veritone announced that it has received Federal Risk and Authorization Management Program Authorization for its aiWARE Government platform. The Department of Justice (DOJ) served as Veritone’s initial sponsor agency partner, and aiWARE Government is now available in the FedRAMP Marketplace for other federal agencies to use.

FedRAMP is a U.S. government-wide program that provides a third-party standardized approach to security assessment, authorization, and continuous monitoring for cloud products and services. Earning this authorization required Veritone to undergo a stringent assessment of the data security and data governance capabilities and practices related to its aiWARE Government offering from FedRAMP officials.

“Achieving a FedRAMP Authorization is a huge milestone for Veritone and validates our AI platform as a viable and secure option for federal agencies to leverage artificial intelligence to accomplish their missions more efficiently and effectively,” said Ryan Steelberg, president of Veritone. “Because our aiWARE Government platform fulfilled the rigorous security requirements to achieve a FedRAMP Authorization, individual agencies can now expedite the procurement and use of our AI offerings.”

Not only will AI help government agencies work faster and more efficiently, but it will also change the game for public safety and national security missions. From securing a public figure to identifying connections to extremist organizations to uncovering immediate insights in voluminous data sets, AI can be leveraged as an entrusted resource and provide agencies with greater and faster data-driven insights than ever before.

Veritone is passionate about building a future-proof AI platform and solutions that not only swiftly evaluate and course correct key missions and procedures but also pave the way for an AI-connected government.

A report released in 2017 by Deloitte Insights indicated that AI could potentially save Federal Government agencies up to 1.2 billion hours annually within the next five to seven years, translating into $41.1 billion in potential cost savings and more time for agencies to innovate and provide services.

“In the past 18-24 months, we’ve seen the government’s interest in AI move from interest to pilot projects to now looking to scale AI,” said Patrick McColloch, managing director, Deloitte Transactions and Business Analytics LLP. “Because of the government’s increasing demand, Veritone’s FedRAMP Authorization can be instrumental to government bringing the power of AI to its many missions.”