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Gartner Explores Tech Innovations in Integrated Risk Management

John Wheeler

This week, we kicked-off a major research effort to explore current innovations in the rapidly expanding integrated risk management (IRM) market. Two of these use case domains – ESG and privacy – are additions to Gartner’s 2021 coverage of the IRM technology market.

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PODCAST: COVID19 | Redefining Digital Enterprises – Episode 7: The Impact of COVID-19 on Financial Services & Risk Management

bridgei2i

Episode 7: The Impact of COVID-19 on Financial Services & Risk. Management. The Impact of COVID-19 on Financial Services & Risk Management. Additionally, institutions are finding it difficult to forecast trends, as historical data isn’t relevant anymore. Listening time: 12 minutes.

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IRM 2020: Market Momentum Continues

John Wheeler

2020 marks Gartner’s fifth year of integrated risk management (IRM) technology coverage and the market continues to grow at a rapid pace. As a result, IRM technology and services market forecast for 2020 is $7.3 These new digital products and services create a host of new risks that require IRM technology.

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How generative AI will revolutionize supply chain 

IBM Big Data Hub

From demand forecasting to route optimization, inventory management and risk mitigation, the applications of generative AI are limitless. Generative AI, with its ability to autonomously generate solutions to complex problems, will revolutionize every aspect of the supply chain landscape.

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Mitigating the impact of climate change in insurance and other financial services  

IBM Big Data Hub

For other financial services firms outside of the insurance sector, property accepted as loan security might face climate-related risks as well. Longer-term local climate change risks might still devalue property that hasn’t suffered damage. As a result, their market would shrink.

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Streamlining supply chain management: Strategies for the future

IBM Big Data Hub

To mitigate these risks , companies need the resources and technology to develop robust contingency plans. On top of disruption, companies with global supply chains must also deal with different regulatory environments, cultural norms and market conditions.

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IRM Remains Gartner Top Emerging Tech Topic in 2021

John Wheeler

The world of risk is growing more complex and dynamic as organizations navigate challenges associated with COVID-19, privacy, ethics and compliance, ESG, cybersecurity and digital business. These challenges continue to drive Gartner client demand and inquiry for integrated risk management (IRM) products and services.