Govrn Unveils AI Assist to Address Board Data Challenges and Information Overload in the Boardroom

SOHO, U.K. - Sept. 5, 2024 - PRLog -- Board members are increasingly overwhelmed by data, struggling to derive actionable insights due to outdated technology and limited time. These issues hinder decision-making and governance standards required of modern boards. To address this, Govrn, a leading European and Belgian company in boardroom technology, has launched AI Assist in collaboration with Innoviris, the University of Louvain (UCL), and Brunel University. This AI-powered solution aims to transform how boards use data, bridging gaps left by current technologies.

Brussels, August XX, 2024 – As businesses evolve, boards face growing demands for improved performance and governance. New standards like environmental, social, and governance (ESG) and Corporate Sustainability Reporting Directive (CSRD) reporting make it crucial to extract actionable insights from vast amounts of data. Yet, many boards are unprepared to meet these demands.

Boardroom technology often acts as a digital filing cabinet, lacking the analytics needed for strategic decision-making. While other sectors have made strides in data analytics and AI, boardroom technology lags behind. In fact, AI and machine learning investments in Belgium and Luxembourg (Belux) increased by 18% last year, with over half of companies (51%) investing in generative AI. However, boardrooms still rely heavily on manual processes, limiting their effectiveness.

Govrn's AI Assist changes this by empowering board members to better analyse and use their data. "Our solution is built around AI," says Jean-Louis Van Houwe, Co-founder of Govrn. "It turns static board data into dynamic knowledge, allowing members and governance professionals to gain deeper insights and a better understanding." This helps improve decision-making, oversight, and overall organisational performance.

Paul Stark, Chief Commercial Officer at Govrn, adds: "Boards are often overwhelmed by data and don't have time to process it. AI Assist helps transform large amounts of information into actionable insights, enabling directors to focus on key discussions and make informed decisions. This isn't just about efficiency—it's a game-changer for governance."

About Govrn:

Govrn leads the way in transforming board operations in the digital age. Its AI-First Board Management Software allows boards to unlock insights, streamline operations through automation, and raise governance standards. Govrn's innovative platform provides the tools and insights boards need to meet modern challenges confidently.

https://www.govrn.com/

Press contact:

Vincent Morrens
WMH Project
v.morrens@wmhproject.be
+32 475 93 25 16
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