Human beings have proven themselves to be good at many different things, and yet there remains shockingly little that we do better than growing on a consistent basis. We say this because the stated ability has already fetched the world some huge milestones, with technology appearing as a rather unique member of the group. The reason why technology’s credentials are so anomalous is purposed around its skill-set, which was unprecedented enough to realize all the possibilities for us that we couldn’t have imagined otherwise. Nevertheless, a closer look should be able to reveal how the whole runner was also very much inspired by the way we applied those skills across a real world environment. The latter component was, in fact, what gave the creation a spectrum-wide presence and made it the ultimate centerpiece of every horizon. Now, having such a powerful tool run the show did expand our experience in many different directions, but even after reaching so far ahead, this prodigious concept called technology will somehow keep on delivering the right goods. The same has grown to become a lot more evident in recent times, and assuming one new GRC-themed development pans out just like we envision, it will only propel that trend towards greater heights over the near future and beyond.
OnSolve, a leading critical event management provider that enables organizations to mitigate physical threats and remain agile when a crisis strikes, has officially announced the launch of OnSolve Risk Insights. According to certain reports, the stated solution is designed to provide historical physical threat data and statistics for leaders to uncover risk trends across specific geographies. Based upon more than 100,000 global events detected weekly by OnSolve Risk Intelligence, the solution empowers C-suite executives, security leaders, and business continuity leaders to take informed business decisions regarding investments and security resource allocations. Talk about the whole value proposition on a slightly deeper level, it brings to the fore an ability to tailor risk prevention plans as per your organization’s unique needs. This it does through easy-to-digest reports that visualize risk data by event type, severity, and location. We referred the product’s customization capabilities, OnSolve Risk Insights further leverages for every user their own risk profile, a profile containing information related to their risk tolerance and the threats identified relevant to people and operations, to scale up the quality of business outcomes. Another detail worth a mention in the context of showing only the relevant information is how the solution makes it possible for to adjust time frames and view risk profiles as they evolve. Such an element means you can narrow down your research at will, and therefore, save a good chunk of your time and resources. Moving on, OnSolve Risk Insights also boasts security accreditation compliance (e.g., ISO 22301) with informative reports that evaluate given procedures against an organization’s current strategy and policies.
“The need to better understand the evolution of the risk landscape and how it could impact operations and people is top of mind, and until now, the ability to gather historical risk insights using AI was a critical gap in the market,” said Dustin Radtke, Chief Technology Officer of OnSolve. “Whether it be financial planning, site location for expansion strategies or improving resource allocations to ensure security readiness and training, Risk Insights empowers leaders with stronger decision making, informed by historical risk analysis across specified geographies, all in an automated, visual report.”
The development delivers an interesting follow-up to OnSolve’s recent 2023 Global Risk Impact Report, where it was revealed that while almost 99 percent of corporate boards have asked their top executives about plans to combat physical threats, more than 60 percent of CEOs have no plan whatsoever to address the most severe physical threats to their business. However, this isn’t the only thing the new solution follows up on, as it also comes shortly after OnSolve formalized a partnership with one data-to-knowledge company called Babel Street. In case you missed it, the stated partnership is meant to offer customers more coverage across languages and event types than any other critical event management provider. Hold on, that’s still not all. You see, the release of OnSolve’s latest brainchild was further joined by company’s recognition, at the AI Breakthrough Awards, as the Best AI-based Solution for Event Management.
Founded in 1998, OnSolve has risen up the ranks by using reliable AI-powered risk intelligence, critical communications and incident management technology to help businesses and all levels of government detect, anticipate, and mitigate physical threats that can impact their people, places and property. The company’s excellence in what it does can also be understood once you consider that it currently sends billions of security alerts every year, thanks to its customer base which has thousands of entities.
“Understanding the ripple effect from physical threats has never been more important or more challenging,” said Mark Herrington, CEO of OnSolve. “As risk and resilience remain board-level concerns, Risk Insights gives executives the foundational information they need to anticipate organizational risk and ultimately, remain operationally resilient in the face of the unexpected.”