Top 20 Risk Management Solutions - 2022
In a post-pandemic world, business risk is inevitable. But not many companies are sufficiently prepared to manage risks effectively. This is exactly why companies are looking to leverage the latest technological advancements in risk management solutions to safeguard company assets in today’s volatile business atmosphere. The risk management solutions are helping companies assess, monitor, and mitigate all risks that may have a negative impact on the relationship between an organization and its suppliers while managing vendor risk data to protect themselves from data breaches or non-compliance.
On this note, the global risk management market is projected to reach 28.87 billion USD by 2027, growing at a CAGR of 18.7 percent from 2020 to 2027. This burgeoning market growth partly corresponds to the growing adoption of risk management software by companies that are also looking to integrate their risk management software with other software tools such as quality management software, ERP systems, and governance, risk and compliance software to better plan for preventive measures in the face of any operational disruption.
In light of these developments, this edition of CIOReview brings forth the most influential developments in the risk management solutions space that are augmenting the way companies are protecting their assets or tackling any impending disaster. It features thought leadership articles from Brian Hsieh, Head of Open Source at Uber, who speaks about leveraging open-source technologies to develop a set of policy and risk assessment criteria that fit an organization’s risk tolerance level. The edition also contains insights from Garrick Stavrovich, the Lead Product Manager for Nasdaq’s Global Information Services, who underlines the need to create robust cloud environments with open-source technologies to help companies navigate a volatile and competitive exchange market.
Together with these critical insights from industry experts, the edition presents the premium risk management solutions from the most promising companies on the rise, including SmarTek21, an organization helping companies mitigate a myriad of security risks with AI-powered conversational agents. We hope this edition will help you find the right risk management solution provider that will empower you to efficiently evaluate and manage business risk at all times.