Modulos AG Announces Support for IEEE 7003-2024 Standard for Algorithmic Bias Considerations

Modulos announces support for IEEE 7003-2024, the Standard for Algorithmic Bias Considerations. The image features the Modulos logo, a blog article label, and an icon of a computer screen with a checklist, set against a dark blue gradient background.

Introduction

Modulos AG, founded in 2018, is a Swiss technology company pioneering AI governance solutions that help organizations navigate AI regulatory frameworks, such as the EU AI Act and ISO 42001. The Modulos AI Governance Platform unites key stakeholders in a single, collaborative environment that streamlines compliance processes. Through its Agentic AI capabilities, the platform automates routine tasks and enables proactive risk management, helping organizations maintain continuous compliance efficiently. As a result, Modulos helps clients avoid economic, legal, and reputational risks, fostering trust and long-term success in their AI initiatives.

In addition to our platform, we pride ourselves on being a thought leader in AI governance. We actively collaborate with international standards bodies and contribute to drafting global AI frameworks. For example, Modulos Advisory Board member Andrea Basso plays a pivotal role in IEEE initiatives. 

Our continuous investment in ethical AI technologies reflects our dedication to promoting fairness and mitigating algorithmic bias. This focus leads us to our latest announcement: 

Modulos is extending its leadership in AI governance by supporting the IEEE 7003-2024 Standard for Algorithmic Bias Considerations.

Modulos’ Contribution to IEEE 7003-2024

We are excited to announce that the Modulos AI Governance Platform will soon integrate full support for the IEEE 7003-2024 Standard for Algorithmic Bias Considerations. 

This standard, which was approved in late 2024, provides a comprehensive framework for identifying, mitigating, and monitoring bias in AI systems. By adopting IEEE 7003-2024, Modulos is helping organizations better integrate bias mitigation into their AI development and deployment workflows.

In addition, Modulos is not only adopting IEEE 7003-2024 – we have been actively involved in its development. Our team has long recognized the importance of standardizing bias mitigation in AI, which is why we contributed our expertise to the IEEE working group (P7003) that drafted the Algorithmic Bias Considerations standard. In fact, Modulos participated in discussions, provided feedback, and helped shape the standard’s guidelines, drawing on our real-world experience in AI governance. 

We are proud to be at the forefront of this important shift in AI development, and we believe that by supporting IEEE 7003-2024, we are helping to guide industries toward building more fair, transparent, and accountable AI systems that ultimately benefit society.

Take Action Today

Ready to ensure your AI systems are compliant, ethical, and free from bias? Request a demo of the Modulos AI Governance Platform and discover how our solutions can help you implement IEEE 7003-2024 effectively.

Contact us to schedule your personalized demonstration.