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16/09/2024

Agnostic Intelligence transforms risk management with Azure OpenAI Service, achieving up to 80% time savings

Agnostic Intelligence, a Swiss start-up, developed an AI-based platform to tackle supply chain risks. Using advanced algorithms and machine learning, it provides real-time insights and proactive risk management, addressing cyber-attacks, compliance, and legal risks.

Agnostic Intelligence used Microsoft solutions like Azure Cognitive Services, Azure App Service, Azure Containers, Azure Developer Tools, Azure SQL Database, Power BI, and Azure OpenAI Service to develop their AI-based platform for managing supply chain risks.

Deploying Microsoft solutions, especially Azure OpenAI Service, transformed Agnostic Intelligence's operations by eliminating time-consuming tasks, saving users up to 80% of their time, and enabling IT managers to focus on innovation and quality assurance.

Agnostic Intelligence

Agnostic Intelligence AG, based in Zug, Switzerland, provides an AI-powered universal platform for identifying, assessing, and managing cyber and business risk. The software-as-a-service platform connects and automates tools, information, and data to provide a holistic and transparent view of the risks that organisations face from external partners. With their platform, Agnostic Intelligence specializes in managing risk across the supply chain for their customers. The company is led by a highly skilled team with over 70 years of combined experience in risk management and cybersecurity.

Secure supply chains with modern third-party risk management

Organisations work with an increasing number of suppliers, service providers, consultants, or distributors on a daily basis with different level of complexities and risks. However, they rarely conduct thorough risk assessments to protect themselves against threats in their supply chain, as assessment processes have historically been cumbersome and time-consuming. At a time when cyberattacks are becoming more frequent and sophisticated, and compliance and legal risks are increasing, this can have serious consequences. For this reason, Agnostic Intelligence, a Swiss start-up founded in 2022, has developed an AI-based platform that enables companies to identify, assess, and mitigate risks across their entire supply chain. Agnostic Intelligence's software sets new standards in third-party risk management (TPRM): using advanced algorithms and machine learning, it can analyse large amounts of data in a central digital control tower to provide real-time insights into a company's entire supply chain, enabling proactive risk management. A key advantage of the platform, reflected in the company's name, is its agnostic approach; the software is able to communicate with a wide range of different systems, enabling it to be seamlessly integrated into a customer's specific system landscape. Companies around the world are now using Agnostic Intelligence's TPRM platform to make their supply chains resilient, efficient, and sustainable.

 

Growth through partnership: The benefits of the Microsoft Founders Hub

From the outset, working closely with Microsoft has been key to the company's success. Since its inception, Agnostic Intelligence has been part of the Microsoft for Startups Founders Hub. This has allowed the company to benefit in many ways from Microsoft's extensive ecosystem of resources, expertise, and technologies. Cutting-edge AI tools, free Azure credits, software and developer tools, and access to business mentors and technical experts played a critical role in the development of the TPRM platform. The product was also marketed through the Azure Marketplace from the outset. This gave Agnostic Intelligence a high level of visibility and market presence. The Microsoft technology stack also provides the company with valuable services in all aspects of IT security.

However, the support provided by the Founders Hub went far beyond the provision of Microsoft technologies. From the beginning, Agnostic Intelligence has been in close and ongoing contact with a Microsoft representative who has been a mentor to the company throughout its growth and development. Other Microsoft experts are also on hand to provide advice and assistance in a variety of areas. The extensive Microsoft network also plays a key role in connecting with potential customers and collaborating with other industry players. From the outset, Microsoft understood the needs of a startup and supported Agnostic Intelligence along its journey in a holistic way, providing the best conditions to continuously innovate the TPRM platform solution." The wide range of Microsoft solutions and the untiring support of the high-calibre Microsoft experts significantly accelerated our development process," said Rolf Kralisch, CTO and Head of Development at Agnostic Intelligence. "We were able to rely on our contacts at all times and in all matters. The Founders Hub was a guarantee for our success!"

The wide range of Microsoft solutions and the untiring support of the high-calibre Microsoft experts significantly accelerated our development process. We were able to rely on our contacts at all times and in all matters. The Founders Hub was a guarantee for our success!

Rolf Kralisch, CTO and Head of Development, Agnostic Intelligence

Accelerated risk analysis with Azure OpenAI Service

Early access to Azure OpenAI Service was critical for Agnostic Intelligence. This allowed them to take the AI-based analytical approach of the TPRM platform to a new level. Time-consuming Excel questionnaires and lengthy email communications are now a thing of the past. The platform's AI analytics capabilities are now so advanced that users can save up to 80% of their time. This gives IT managers more time to focus on more important tasks, such as driving innovation or quality assurance. Accelerating analytics with Azure OpenAI Service also impacts the efficiency of the business as a whole: AI-accelerated third-party risk analysis can help significantly reduce time-to-market for product launches. "By working with Microsoft, we had access to Azure OpenAI at a very early stage," said Dirk Fisseler, CEO at Agnostic Intelligence. "This has enabled us to revolutionize our approach to cyber security. Thanks to AI, we have been able to significantly improve our solutions and thus offer our customers unparalleled added value."

By working with Microsoft, we had access to Azure OpenAI at a very early stage. This has enabled us to revolutionize our approach to cyber security. Thanks to AI, we have been able to significantly improve our solutions and thus offer our customers unparalleled added value.

Dirk Fisseler, CEO, Agnostic Intelligence

NIS2 compliance made easy

Agnostic Intelligence is committed to helping its customers navigate the maze of new laws and regulations. The TPRM platform covers all the key requirements of the EU's NIS2 directive, which came into force in 2023 and makes companies liable for deficiencies in (cyber) TPRM. This means that the sometimes extensive and time-consuming documentation, risk assessment, and control requirements can be met quickly and easily. As a result, companies no longer have to worry about unpredictable risks in their supply chains and can focus on their core business.

Innovation and global reach: Agnostic Intelligence's strategy for the future

With Microsoft's support, Agnostic Intelligence will continue to develop and improve its analytical tools. The challenges facing companies in a globalized world are becoming increasingly complex: cyberattacks can cause significant economic and reputational damage. Global supply chains mean that labour standards or environmental requirements must be complied with in very different regions of the world. In addition, regulatory requirements are becoming increasingly stringent, both at EU and global level. With Agnostic Intelligence's risk management platform, companies are well equipped to meet all these challenges. To further internationalize its core business, the company will soon open its first office in the US. Further offices are planned in North America and Asia. In addition, the use of the Azure Marketplace is to be further professionalized, for example by implementing a sandbox. With Microsoft's support, Agnostic Intelligence will continue to do everything in its power to provide companies around the world with a system-independent platform for managing risk across the entire supply chain. "We look forward to the many opportunities this partnership will bring in the future," said Fisseler. "By working with Microsoft, we can set new industry standards and create significant value for our stakeholders. Together we are shaping the future of supply chain security."

We look forward to the many opportunities this partnership will bring in the future. By working with Microsoft, we can set new industry standards and create significant value for our stakeholders. Together we are shaping the future of supply chain security.

Dirk Fisseler, CEO, Agnostic Intelligence

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