WSCAD joins the voluntary EU AI Pact
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Bergkirchen (ots)
WSCAD, which has specialised in the development of electrical CAD solutions for three decades, announces that it has officially joined the voluntary EU AI Pact. This Europe-wide initiative is now supported and backed by around 200 technology companies. Notable members include Allianz SE, Deutsche Telekom, IBM, Lenovo, Nokia, PwC, Salesforce and Telecom Italia.
The EU AI Pact is based on a voluntary commitment that enables participating companies to proactively prepare for the implementation of the key provisions of the new EU AI Act. This legal framework, which was adopted by the European Union in the middle of last year, represents a milestone in the regulatory handling of artificial intelligence. “"By joining the pact, WSCAD not only demonstrates its commitment to innovation but also its dedication to meeting high ethical and societal standards through the responsible use of AI.”,states Dr. Axel Zein, CEO of WSCAD.
As a member of the EU AI Pact, WSCAD is committed to three key measures:
- Adopting an AI governance strategy to foster the uptake of AI in the organisation and work towards future compliance with the AI Act
- Identifying and mapping AI systems likely to be categorised as high-risk under the AI Act
- Promoting AI awareness and literacy among staff, ensuring ethical and responsible AI development
These initiatives are not only implemented internally but also documented. The companies participating in the EU AI Pact commit to reporting on their progress and concrete implementation after twelve months to ensure transparency and trust in the use of artificial intelligence.
WSCAD developed the world's first AI powered Electrical CAD software
In autumn 2024, WSCAD presented ELECTRIX AI, the world's first AI powered electrical CAD software.Complex tasks that previously required numerous manual steps are now completed automatically in seconds. As a result, design processes run up to 99 percent faster than before. The combination of intelligent error detection, intuitive user guidance and the ability to control complex tasks with simple commands makes this software an indispensable tool for electrical designers. “ELECTRIX AI is fundamentally transforming the way electrical engineering design is done.” says Axel Zein, CEO of WSCAD. ELECTRIX AI is a real productivity booster.
At the same time, WSCAD is aware of the growing responsibility that comes with the use of artificial intelligence. ‘WSCAD is not just a technology provider but also a responsible partner in digital transformation. Joining the EU AI Pact is a reflection of our holistic approach, where innovation and ethical responsibility go hand in hand. We already meet the legal requirements of the EU AI Pact today and will actively contribute to the further development of AI standards’ explains Dr. Axel Zein, CEO of WSCAD.
About WSCAD
WSCAD is the world's first and leading provider of AI powered electrical CAD software. Our solutions increase efficiency in electrical engineering by up to 99% and enable automated processes and intelligent functions for medium-sized companies, international corporations and planning and engineering offices. More than 40,000 users from the mechanical and plant engineering, building automation and installation technology sectors work with WSCAD software in over 100 countries.
Contact:
BETTERTRUST GmbH
Max Krüger
www.bettertrust.com
m.krueger@bettertrust.de
Original content of: WSCAD GmbH, transmitted by news aktuell