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Technologies for Assessing Risk Management: Global MarketsNEW YORK, Jan. 17, 2017 /PRNewswire/ -- Use this report to: SCOPE OF REPORT This report focuses on the global markets for risk management technologies. Enterprise risk has varied definitions and interpretations among organizations depending on their size, industry and risk maturity. The market for ERM technologies has transformed from a tactical focus to meet regulatory compliances to a more strategic approach on enterprise-wide risk management. Consequently, modern ERM applications focus on addressing the dynamic and unique needs of organizations by offering a comprehensive suite of applications, including risk assessment, modeling, reporting and mitigation. This represents a radical change in the dynamics as the majority of ERM platform providers use to offer different components of risk management as individual products. The term "technologies" in this report covers applications and services that automate the management, measurement, remediation and reporting of risks against specific objectives. Important notes regarding assumptions, market estimates and coverage of risk tools/applications are listed below: - Market size includes the revenue earned/customer spend on risk management solutions, which are categorized below. Revenue values are in U.S. dollars, unadjusted for inflation. o Enterprise software solutions: Combining risk management content and data with risk management software to provide an integrated "one-stop-shop" for risk technology buyers. A combination of functionally rich risk applications with comprehensive data management, risk analytics, business intelligence and reporting technologies. o Stand-alone tools: Function and domain specific tools such as banking (stress testing, credit portfolio analysis, capital estimation, credit collection and recovery), insurance (solvency regulation), healthcare (Medicaid audits), oil and gas (environment, health and safety or EHS), manufacturing (quality management). o Analytics and database management solutions linked with risk management tool for modeling and predictions. o GUI-based dashboard, reporting and presentation tools. - Market estimates also include user spending for support services, integration and consultation as they are used in conjunction with the software/tools. - Market estimates do not include hardware. - This market is based on the summation of ERM revenues earned by the ERM technology providers, and it excludes applications developed in-house and solely for exclusive use. INTENDED AUDIENCE The study offers an in-depth analysis of risk management technology segments including discipline, technology coverage, industries, regions, product and deployment mode; current markets and trends, and participants. Forecasts are provided for each major market segment through 2021. In-depth analyses have been provided for the global risk management technology industry providing detailed information on key deals and market participants. Through this report, BCC Research hopes to provide a better understanding of the global risk management technology industry. This study provides the most up-to-date information on risk management technologies. The report further describes various types of risk management technologies, drivers and inhibitors for each segment. This study is directed toward the various strata of companies and institutions interested in the markets and new developments in this growing field. They are: - Enterprises that face ongoing financial or operational risks. - Companies that are not utilizing a risk management solution. - Companies that still rely on old legacy systems and need to upgrade or buy new risk management technology solutions to manage risks. - Companies involved in offering risk management technology solutions. - Suppliers of risk management technology software and services. - Companies offering consulting services in the risk management technology space. - Suppliers offering on-premise services and cloud solutions. INFORMATION SOURCES The material presented in this report is based on information gathered from personal contacts with participants within the risk management technology industry as well as an analysis of the technologies, issues and concerns derived from technical papers and industry conferences. Our final analysis and projections combine the consensus of primary contacts and our assumptions regarding the impact of both historical and emerging trends. Additional data were obtained from analysis of secondary sources. These include trade publications, trade associations, company literature and online databases. This research was done to supplement our understanding of applications, markets, and trends in the risk management technology industry. All dollar estimates in this report are based on 2015 constant dollars. ANALYST'S CREDENTIALS Yash Singh has more than 10 years of experience doing market research and consulting in information technology. Mr. Singh has a bachelor's degree in Computer Science and an MBA in Information Technology and Marketing. Read the full report: http://www.reportlinker.com/p04617946-summary/view-report.html About Reportlinker ReportLinker is an award-winning market research solution. Reportlinker finds and organizes the latest industry data so you get all the market research you need - instantly, in one place. http://www.reportlinker.com __________________________ Contact Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001 To view the original version on PR Newswire, visit:http://www.prnewswire.com/news-releases/technologies-for-assessing-risk-management-global-markets-300392393.html SOURCE Reportlinker |