Riskonnect was selected by CIOReview as one of the 20 Most Promising Enterprise Risk Management Solution Providers 2017. Enterprise Risk Management is taking the center stage in how companies run their business. Advancements in cognitive technologies, artificial intelligence and data analytics are helping organizations go beyond traditional ways of managing risks by using smart machines to detect, predict and prevent risks. Today, since the entire nature of the risk discipline and their consequences are evolving, organizations should look beyond regulation and cost-reduction and view risk management as a strategic element of their value chain.
According to the publication, “Our selection panel has evaluated hundreds of enterprise risk management solution providers based on the ability to assist CIOs and enterprise holders in overcoming the challenges in the sector.”