Our recent RMIS Report research uncovered a significant trend: risk technology solutions are rapidly gaining traction with small and mid-sized enterprises. Notably, almost half (49%) of RMIS buyers in the past year were first-time organizational buyers. This shift is driven by various factors, all explored in our latest blogs, which highlights cutting-edge technological advancements and the transformative power of technology.
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In the ever-evolving landscape of risk management, the tools and technologies we use to manage risks are advancing at an unprecedented pace. For organizations seeking to enhance their risk management strategies, now is the ideal time to invest in a Risk Management Information System (RMIS).
The 2024 RMIS Report underscores the transformative power of technology and the democratization of RMIS and RiskTech, offering organizations invaluable insights into navigating evolving risk landscapes. As vendors prioritize accessibility, adaptability and ethical AI practices, stakeholders are empowered to leverage innovation effectively, enhancing operational resilience and driving sustainable growth in an era of dynamic risk.