Mphasis Secures ISO/IEC 42001:2023 Certification, Reinforcing AI Management Excellence
Mphasis, an IT solutions provider, has received ISO/IEC 42001:2023 certification for its Artificial Intelligence Management Systems from TÜV SÜD South Asia Private Limited. This certification validates Mphasis' commitment to responsible AI development and management. The company has seen a significant increase in AI-led deals, from 30% to 68% of total new contract wins. Mphasis' AI initiatives include the Mphasis.ai unit, NeoIP™ platform, and Ontosphere knowledge base.

*this image is generated using AI for illustrative purposes only.
Mphasis , a leading Information Technology (IT) solutions provider specializing in cloud and cognitive services, has achieved a significant milestone in its artificial intelligence (AI) journey. The company recently announced its certification for ISO/IEC 42001:2023, a testament to its commitment to responsible AI development and management.
Certification Details
Mphasis received the ISO/IEC 42001:2023 certification from TÜV SÜD South Asia Private Limited, accredited by the National Accreditation Board for Certification Bodies (NABCB). This certification relates to the company's Artificial Intelligence Management Systems (AIMS), ensuring that Mphasis adheres to global standards in AI development and implementation.
Significance of the Certification
The ISO/IEC 42001:2023 certification is a globally recognized framework that provides a structured approach for developing, deploying, and governing AI systems. For Mphasis, this certification signifies:
- Responsible AI Innovation: It reinforces the company's commitment to ethical AI practices.
- Client Assurance: Enterprise clients can be confident that Mphasis' AI solutions meet the highest global standards of integrity, reliability, and compliance.
- Risk Mitigation: The certification addresses potential challenges in AI adoption, such as data opacity, bias, and ethical concerns.
Impact on Business
The certification comes at a time when Mphasis is seeing significant growth in AI-driven solutions:
| Metric | Q1 FY26 | Previous Year |
|---|---|---|
| AI-led deals (% of total new contract wins) | 68.00% | 30.00% |
This substantial increase reflects the growing customer demand for Mphasis' AI-driven solutions across its cloud and cognitive services portfolio.
Leadership Perspective
Nitin Rakesh, Chief Executive Officer and Managing Director of Mphasis, emphasized the importance of this achievement:
"The NABCB-accredited ISO/IEC 42001:2023 certification reinforces our commitment to responsible AI innovation, and we are pleased to have received it. This achievement assures our enterprise clients that every Mphasis AI solution is developed and governed to the highest global standards of integrity, reliability, and compliance."
Mphasis' AI Capabilities
Mphasis has been focusing on embedding AI and autonomy into every layer of enterprise technology and process stack. The company's key AI initiatives include:
- Mphasis.ai unit: Dedicated to AI-focused solutions
- NeoIP™: A breakthrough AI platform orchestrating various AI platforms and solutions
- Ontosphere: A dynamic knowledge base driving continuous innovation
Conclusion
The ISO/IEC 42001:2023 certification marks a significant step for Mphasis in its journey towards AI excellence. As the company continues to expand its AI-driven solutions, this certification will likely play a crucial role in building trust with clients and staying ahead in the competitive IT services landscape.
For enterprises looking to leverage AI in their digital transformation journey, Mphasis' recent certification serves as a strong indicator of its capability to deliver reliable, ethical, and cutting-edge AI solutions.
Historical Stock Returns for Mphasis
| 1 Day | 5 Days | 1 Month | 6 Months | 1 Year | 5 Years |
|---|---|---|---|---|---|
| -2.00% | +3.29% | +5.71% | +13.08% | -6.04% | +111.09% |











































