TrondHeim - Insolvency Predicition

Responsible organisation: Trondheim Municipality (Governmental)

The TrondHeim Municipality has been working on an AI system capable of predicting which companies had a higher chance of become insolvent. This enable the organisation to detect companies at risk at take pre-emptive actions. The predictions were accurate to around 80% a year (an accuracy of 90% would have been much more preferred).

Additional information

Source	AI Watch - Artificial Intelligence in public services. Overview of the use and impact of AI in public services in the EU
Web site	https://norden.diva-portal.org/smash/get/diva2:1375500/FULLTEXT01.pdf
Start/end date	2021/01/01 -
Still active?	Unknown

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