Our Strategic Risk Management software automates risk management processes and helps businesses protect their facilities, assets, and people. InsightTM leverages revolutionary technology to extract and assess this critical risk element by utilizing methods in geospatial coordinate plots, to identify and monitor areas highly susceptible to natural disasters such of volcanic eruptions, tornados, monsoons, etc.
Could Nowigence’s business continuity platform have helped better plan the supply chain disruption caused by the March 11, 2011 100-foot high tsunami that inundated Japan’s northeastern shoreline and disrupted nuclear power generation on the island?
The answer is yes. Nowigence tracks nearly 50 different categories of news types including supply and demand, capacity infusion, innovation, legal and compliance issues, strategic moves, and labor changes across the value chain for a client. Risk factors are not static and daily tracking brings new information.
Clients also utilize InsightTM to monitor employee risks factors relating to different demographics when looking at traveling on business. Please contact us to learn more about this feature and how it can help keep traveling employees out of harms way utilizing our social monitoring processes. Through our partnership with local university, UAlbany, InsightTM was able to showcase its ability to extract data and text out of the published and social media, categorize it into 50+ risk critical topics, and analyze to bring forward in meaningful ways that will drive action.
Let us do the heavy lifting in mapping out your risks- combine our platform with your Business Impact Analysis to ensure all bases are covered. Put the power of InsightTM to make your risk assessment plan a daily updating process, successfully protecting your business from instances like natural disasters, man-made tragedies, or any other location based risks.