Top 20 Enterprise Risk Management Solution Companies - 2021
With technology advancing at a staggering speed, there is no doubt that enterprises have a lot of risk impacts to assess and prioritize. Currently, the long-term impact of the pandemic is a number one priority for businesses as it has caused supply chain issues on a global scale. Risk managers are looking to address supply chain challenges such as longer lead times, reduced capacity, or having to seek new suppliers. Despite companies cutting costs, funding is being spent on cloud and data security in particular.
In the risk management space, technology is helping companies move from compliance to performance and adopt effective and efficient risk management practices. Digital technologies such as internet of things, machine learning, artificial intelligence, drones, and mobile apps has made it easier to monitor risk and gather data
continuously. Currently, collecting vast amount of data, analyzing it and generating insights have become efficient, effective and easier than before. This enables companies to swiftly take corrective action and implement plans proactively as and when the risk is identified. There is also a strategic shift in the way businesses look at the risks and compliance as an opportunity to create confidence in the customers, workforce and business partners by going a step above what is required and expected.
At this juncture, there are a wide variety of solution providers entering the industry with a set of advanced enterprise risk management solutions and services. To help companies navigate through the best-of-breed enterprise risk management vendors, CIO Review has compiled a list of “20 Most Promising Risk Management Solution Providers and 10 Most Promising Enterprise Risk Management Service Companies - 2021” The enlisted organizations are at the forefront of evaluating and managing risks while becoming more resilient by making every risk known. Besides, the magazine also comprises insights from thought leaders in the sector on the industry trends, best practices, recent innovations, and their advice for the aspiring CIOs.
We present to you CIO Review’s, Top 20Most Promising Enterprise Risk Management Solution Companies - 2021”.