Riskonnect Named a Market Leader in 2024 IRM Navigator™ Report
Riskonnect is recognized as a market leader in Wheelhouse Advisors’ 2024 IRM Navigator™ Report for our comprehensive capabilities and broad impact in the field. The report evaluated 220 integrated risk management technology providers and selected just 10 – including Riskonnect – as market leaders. According to the report, the integrated risk management technology market is projected to more than double by 2031.
Driving this growth are:
- Business complexity, which increases risk including cyberthreats and operational vulnerabilities
- Technology advancements that make it possible to connect risk management across digital platforms
- A thirst for data-driven insights to efficiently predict and mitigate risks for greater agility
- A dynamic regulatory environment that must be constantly monitored to avoid costly penalties and reputational damage
These forces underscore the need for adaptable, forward-looking IRM solutions that can respond effectively to current and emerging challenges. Unified solutions provide a holistic view of risks across the enterprise for coordinated action.