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Top 10 Risk Analytics Solutions Companies - 2023
Top 10 Risk Analytics Solutions Companies - 2023
Risk analytics involves the use of data, statistical analysis, and modeling techniques to identify, assess, and mitigate various types of risks that organizations face. Information and insights gained from risk analytics can assist organizations in making more informed and strategic decisions. Risk identification and assessment identify potential risks that an organization may face, including financial, operational, compliance, and strategic risks. The use of technology to help companies comply with regulations is on the rise. RegTech solutions use analytics to automate compliance processes and manage regulatory risks.
The Risk Analytics market was $16.9 bn in 2022 and is projected to grow from $19.69 bn in 2023 to $67.11 bn by 2032, at a CAGR of 16.56 percent. The technological development, availability of data, and the growing significance of risk management are the key market drivers enhancing market growth. Organizations are increasingly using advanced analytics techniques, including ML algorithms, to better predict and model various types of risks. It allows for more accurate and timely risk assessments. With the proliferation of data from sources like IoT devices, companies are using big data analytics to gain a more comprehensive view of their risks.
This edition of CIOReview delves into technological advancements for identifying and managing risks effectively; organizations can reduce unexpected losses and liabilities, leading to cost savings.
It features a thought leadership article from Sean Albertson, Founder & CXO at CX4ROCKS, LLC who sheds light on how IT leaders must embrace the potential role they can play in orchestrating the customer journey to include technology and human-supported channels. It also features an article from Damian Fernandez Lamela, VP of Global Data Science and Analytics at Fossil Group, who discusses the importance of GenAI to drive productivity improvements.
This edition spotlights Wise Oak Consulting, LLC, which is a boutique consulting firm that specializes in developing comprehensive and effective emergency management programs.
This edition features the Top Risk Assessment Solutions Providers 2023 and Top Risk Analytics Solutions Providers 2023; we hope you find the right partner to meet your organization's needs.
Nominate a Company
Usually, the qualified subscribers of our magazine nominate companies with whom they have collaborated and experienced exceptional results to be in this list. Did a company you recently worked with give you stellar results and ROI? Did it turn out to be one you would wholeheartedly recommend to peers? Or do you know of such an outstanding company through your network?
Please fill in the details below and nominate them to be featured here.
Top Risk Analytics Solutions Companies
Technosylva
Technosylva predicts fire potential, determines fire behavior, and quantifies risk to help prioritize mitigation activities helping customers better manage their risk management cycle and investment.
Evolven
Evolven is an innovative IT operations, configuration risk intelligence, and risk-based analytics solution provider. Being the pioneer of AIOps and configuration risk intelligence, Evolven automates configuration and change controls across the hybrid cloud. The company, through its AI-based analytics, detects and prioritizes risks triggered by actual, granular changes in configuration, application, infrastructure, and data to help prevent and rapidly resolve stability, compliance, and security issues.
ASSESSED.INTELLIGENCE
ASSESSED.INTELLIGENCE is a full-service technology and security consulting and auditing organization dedicated to helping their clients identify and prioritize what matters to decrease risk and evolve in their organization’s capabilities.
BIS Compliance & Risk Advisors
BIS Compliance & Risk Advisors is one of the global risk management firms offering advisory on complex risk impacting business; ever changing regulatory requirements, and with technology risk and challenges to move the organization forward.
friggp2c.com
friggp2c.com provide customized solutions, oversight, and validation of audit readiness. Their focussed services entail their experts closely studying business model, industry requirements, regulatory guidelines, privacy, and security expectations to aid to detect and prevent theft of information.
Halock
Halock is a U.S. based risk and information security consulting firm that is privately owned and operated out of its headquarters in Schaumburg, IL, providing strategic and technical security offerings. It combines strong leadership, diagnostic capabilities and deep technical expertise with a proven ability to get things done.
Intelex
Intelex has led the industry for executive risk mitigation, corporate due diligence and world-class investigative services. They provide conciergelevel, best-in-class business intelligence, utilize state-of-the-art processes to collect, curate and analyze complex datasets to deliver reliable findings and recommendations to the C-suite and board of directors.
Jensen Hughes
Jensen Hughes expertise extends broadly across closely related risk management fields – from accessibility consulting, risk and hazard analysis, process safety and forensic investigations to security risk consulting, emergency management and digital innovation.
Rebirth Analytics
Rebirth Analytics is building the risk information system for the global economy. They restore resilience to world trade by eliminating uncertainty, improving intelligencesharing, and increasing transparency between every partner in the supply chain.
Red Vector
Red Vector’s Fulcrum is a first-of-its-kind intelligence platform that supports a Whole Person Insider Risk Management program. Enterprises can see the unseen and operationalize insider risk program best practices. Fulcrum proactively automates the collection, analysis and intelligence assessments from various existing virtual and physical data sources.
