Artificial Intelligence
Global AI in Asset Management Market By Technology, By Deployment Mode, By Application, By End User, By Region, Industry Analysis and Forecast, 2020 – 2026
New York, Sept. 28, 2020 (GLOBE NEWSWIRE) — Reportlinker.com announces the release of the report “Global AI in Asset Management Market By Technology, By Deployment Mode, By Application, By End User, By Region, Industry Analysis and Forecast, 2020 – 2026” – https://www.reportlinker.com/p05975407/?utm_source=GNW
The main areas where AI is gaining attraction in financial assets management comprise personal financial management, investment banking, and fraud detection. With the aid of technologies like machine learning and AI and predictive analytics, financial institutes can accomplish their financial assets more effectively and can also meet the changing behavior of the consumer. This will beneficial for organizations to improve their business operations and the process by automation that further results in enhanced customer experience.
The increasing demand for automation systems in financial products along with Changing customer behavior and are the two major factors that contribute to the growing demand for artificial intelligence (AI) in the market for assets management. AI is largely dependent on digital data produced from various sources like business processes and customer service. Financial providing banks such as investment banks and other institutes are using artificial intelligence to recognize and analyze the veiled patterns from the collected data to improve the proficiencies of asset management. The companies can prepare themselves by adopting these technologies, in order to deal with continually changing acquiescence and regulatory environment that are related to market risks.
The exponential increase in data volumes, low-interest rates, and strict regulations are promising asset managers that reconsider their traditional strategies business. Furthermore, new technological advancements have covered that of artificial intelligence for asset management. Connection of knowledge, NLP (natural language processing) techniques, and domain-enriched ML (machine learning), etc. has been adopted by numerous FinTech companies to deal with enhanced financial and investment services.
Based on Technology, the market is segmented into Machine Learning, Natural Language Processing and Others. Based on Deployment Mode, the market is segmented into On-Premise and Cloud. Based on Application, the market is segmented into Portfolio Optimization, Risk & Compliance, Conversational Platform, Process Automation, Data Analysis and Others. Based on End User, the market is segmented into BFSI, Automotive, Healthcare, Retail & eCommerce, Energy & Utilities, Media & Entertainment and Others. Based on Regions, the market is segmented into North America, Europe, Asia Pacific, and Latin America, Middle East & Africa.
The major strategies followed by the market participants are Partnerships and Product Launches. Based on the Analysis presented in the Cardinal matrix; Microsoft Corporation is the major forerunner in the AI in Asset Management Market. Companies such as Amazn.com, Inc., IBM Corporation, Salesforce.com, Inc., BlackRock, Inc., Genpact Limited, IPsoft, Inc., Lexalytics, Inc., Infosys Limited, and Narrative Science, Inc. are some of the key innovators in the market.
The market research report covers the analysis of key stake holders of the market. Key companies profiled in the report include IBM Corporation, Microsoft Corporation, Genpact Limited, Infosys Limited, Amazon.com, Inc., BlackRock, Inc. (PNC Financial Services Group), IPsoft, Inc., Salesforce.com, Inc., Lexalytics, Inc. and Narrative Science, Inc.
Recent strategies deployed in AI in Asset Management Market
Partnerships, Collaborations, and Agreements:
Sep-2020: Salesforce announced its collaboration with ServiceMax, the leader in asset-centric field service management. Following the collaboration, the latter company launched ServiceMax Asset 360 for Salesforce, a new product built on Salesforce Field Service. This product would bring ServiceMax’s asset-centric approach and decade-plus of experience to more customers across a broader set of industries to help them keep critical assets running.
Aug-2020: IPsoft announced its partnership with Sterling National Bank, the wholly-owned operating bank subsidiary of Sterling Bancorp. Following the partnership, Sterling National Bank deployed Amelia, the industry-leading Digital Employee platform. Amelia would accelerate Sterling´s digital transformation and provide enhanced customer service.
Aug-2020: Salesforce entered into collaboration with Sitetracker, a cloud-based project management company. Sitetracker customers can now benefit from Einstein Analytics’ native artificial intelligence to predict project outcomes and durations, gain insights on financial and project performance and enhance the utilization of vendors, project managers, and field teams. Sitetracker updated its platform to provide customers AI-driven predictive reporting and dashboarding through Salesforce Einstein Analytics. With this upgradation, Sitetracker customers can gather specific, deep, and up-to-the-minute strategic actionable insights on how they deploy and maintain critical infrastructure.
Aug-2020: Microsoft teamed up with SimCorp following which the latter company integrated its front-to-back investment management platform, SimCorp Dimension, with Microsoft Azure as part of the firm’s cloud transformation. The multi-asset investment management solutions provider will now be able to serve clients with a scalable, secure, and cost-efficient public cloud solution during current heightened market conditions, increased competition, and regulation.
Jul-2020: BlackRock came into partnership with Citi following which Citi and BlackRock and its Aladdin business to improve the administration of securities services for mutual clients. Aladdin is an end-to-end investment management platform that utilizes a combination of risk analytics, portfolio management, trading, and operations onto a unified platform. By integrating the Aladdin Provider network, Citi has been optimizing its operating model to support both BlackRock’s asset management business and the wider Aladdin system.
Jul-2020: IPsoft partnered with Microsoft following which Amelia, a comprehensive digital employee, would be available in the Microsoft Azure Marketplace, an online store providing applications and services for use on Azure. The addition of Amelia aimed to enable Microsoft sellers, partners, and customers to easily integrate and take advantage of her conversational AI for the enterprise.
Jul-2020: IBM came into partnership with Verizon, a telecommunications company. Under this partnership, IBM’s AI, hybrid cloud, and asset management tools have been integrated with Verizon’s wireless carrier’s 5G and edge computing technologies. The partnership combined low latency 5G networking and multi-access computing along with the wireless carrier’s “ThingSpace” IoT platform and an asset tracking system. IBM would provide its Watson AI tools along with data analytics and its Maximo asset monitor.
Jul-2020: Infosys is partnering with Vanguard, an American registered investment advisor. The partnership would deliver a technology-driven approach to plan administration and fundamentally reshape the corporate retirement plan experience for its sponsors and participants.
Jul-2020: Microsoft Corporation entered into partnership with MSCI Inc. The partnership would accelerate innovation among the global investment industry. By bringing together the power of Microsoft’s cloud and AI technologies with MSCI’s global reach through its portfolio of investment decision support tools, the companies aim to unlock new innovations for the industry and enhance MSCI’s client experience among the world’s most sophisticated investors, including asset managers, asset owners, hedge funds and banks.
Jun-2020: BlackRock signed a partnership agreement with Northern Trust, a financial services company. Following the partnership, the latter company deployed BlackRock’s Aladdin investment management platform. The partnership connected Northern Trust’s fund accounting, fund administration, asset servicing, and middle office capabilities to BlackRock’s Aladdin platform, creating greater connectivity between the asset manager and asset servicer.
Jun-2020: IBM extended its partnership with Siemens following which the companies announced a new solution designed to optimize the Service Lifecycle Management (SLM) of assets by dynamically connecting real-world maintenance activities and asset performance back to design decisions and field modifications. This new solution established an end-to-end digital thread between equipment manufacturers and the owner/operators of that equipment by using elements of the Xcelerator portfolio from Siemens Digital Industries Software and IBM Maximo. The combined capabilities of IBM and Siemens can help companies create and manage a closed-loop, end-to-end digital twin that breaks down traditional silos to service innovation and revenue generation.
May-2020: IPsoft extended its partnership with Unisys Corporation to embed cognitive AI capabilities within InteliServe, the Unisys pervasive workplace automation platform. Together, the companies provide an integrated suite of best-in-class cognitive technology that resolves all workplace issues from tech and HR to legal and finance. Amelia is now the first point of contact for InteliServe, bringing a consistent experience and reaching all users regardless of work location (home, office, or on the run).
May-2020: Infosys announced partnership with Avaloq, a leading wealth management software and digital technology provider. The partnership was focused to provide end-to-end (e2e) wealth management capabilities through digital platforms. Infosys would be an implementation partner for Avaloq’s wealth management suite of solutions to help clients modernize and transform their legacy systems into cutting-edge digital advisory platforms.
Apr-2020: BlackRock partnered with Microsoft Corporation to host BlackRock’s Aladdin infrastructure on the Microsoft Azure cloud platform. The partnership was focused on bringing enhanced capabilities to BlackRock and its Aladdin clients, which include many of the world’s most sophisticated institutional investors and wealth managers. By adopting Microsoft Azure, BlackRock accelerated innovation on Aladdin through greater computing scale and unlock new capabilities to enhance the client experience.
Mar-2020: Genpact partnered with HighRadius, an enterprise SaaS (Software-as-a-service) fintech company. The partnership was focused on providing improvements to enterprise accounts receivable and bringing together digital automation solutions powered by advanced machine learning and artificial intelligence. The companies would solve this challenge by delivering a transformative digital automation solution that enables businesses to maximize their working capital while enhancing customer and user experiences.
Acquisition and Mergers:
Aug-2020: Salesforce completed its acquisition of Tableau Software, an interactive data visualization software company. The acquisition helped Salesforce in enabling companies around the world to tap into data across their entire business and surface deeper insights to make smarter decisions, drive intelligent, connected customer experiences, and accelerate innovation.
May-2019: BlackRock acquired eFront, the French alternative investment management software and solutions provider. The acquisition expanded its presence and technology capabilities in France, Europe, and across the world. Additionally, eFront extended Aladdin’s end-to-end processing capabilities in alternative asset classes, enabling clients to get an enterprise view of their portfolio.
May-2018: Microsoft announced the acquisition of Semantic Machines, a developer of new approaches for building conversational AI. Together the companies will develop their work in conversational AI with Microsoft’s digital assistant Cortana and social chatbots like XiaoIce.
Mar-2017: Genpact completed the acquisition of Rage Frameworks, a leader in knowledge-based automation technology and services providing AI for the Enterprise. The acquisition extended the frontier of AI for the enterprise. Genpact embedded Rage’s AI in business operations and applied it to complex enterprise issues to allow clients to generate insights and drive decisions and action, at a scale and speed that humans alone could not achieve.
Product Launches and Product Expansions:
Sep-2020: Salesforce launched the next generation of Salesforce Field Service, with new appointment scheduling and optimization capabilities, artificial intelligence-driven guidance for dispatchers, asset performance insights, and automated customer communications. This service equipped teams across industries with AI-powered tools to deliver trusted, mission-critical field service.
Aug-2020: AWS launched Contact Center Intelligence (CCI) solutions, a combination of services powered by AWS’s machine learning technology. These solutions aimed to help enterprises add ML-based intelligence to their contact centers. AWS CCI solutions enabled organizations to leverage machine learning functionality such as text-to-speech, translation, enterprise search, chatbots, business intelligence, and language comprehension in their current contact center environments.
Nov-2019: IBM introduced the Maximo Asset Monitor, a new AI-powered monitoring solution. The solution was designed to help maintenance and operations leaders better understand and improve the performance of their high-value physical assets. This solution helps in generating essential insights with AI-powered anomaly detection and provides enterprise-wide visibility into critical equipment performance.
Nov-2019: Microsoft Research’s Natural Language Processing Group unveiled dialogue generative pre-trained transformer. DialoGPT is a deep-learning natural processing model for use in automatic conversation response generation. This model has been trained on more than 147M dialogues and achieves the results on several benchmarks.
Jun-2019: Amazon Connect introduced AI-Powered Speech Analytics, a solution that provides customer insights in real-time. It helps agents and supervisors better understand and respond to customer needs so they can resolve customer issues and improve the overall customer experience. The solution includes pre-trained AWS artificial intelligence (AI) services that enabled customers to transcribe, translate, and analyze each customer interaction in Amazon Connect, and presents this information to assist contact center agents during their conversations.
May-2019: Salesforce released Einstein Analytics for Financial Services, a customizable analytics solution. The solution delivers AI-augmented business intelligence for wealth advisors, retail bankers, and managers. Einstein Analytics for Financial Services includes Actionable insights powered by AI, Built-in industry dashboards, a Customizable platform to analyze external data, and Built-in compliance with industry regulations.
Scope of the Study
Market Segmentation:
By Technology
• Machine Learning
• Natural Language Processing
• Others
By Deployment Mode
• On-Premise
• Cloud
By Application
• Portfolio Optimization
• Risk & Compliance
• Conversational Platform
• Process Automation
• Data Analysis
• Others
By End User
• BFSI
• Automotive
• Healthcare
• Retail & eCommerce
• Energy & Utilities
• Media & Entertainment
• Others
By Geography
• North America
o US
o Canada
o Mexico
o Rest of North America
• Europe
o Germany
o UK
o France
o Russia
o Spain
o Italy
o Rest of Europe
• Asia Pacific
o China
o Japan
o India
o South Korea
o Singapore
o Malaysia
o Rest of Asia Pacific
• LAMEA
o Brazil
o Argentina
o UAE
o Saudi Arabia
o South Africa
o Nigeria
o Rest of LAMEA
Companies Profiled
• IBM Corporation
• Microsoft Corporation
• Genpact Limited
• Infosys Limited
• Amazon.com, Inc.
• BlackRock, Inc. (PNC Financial Services Group)
• IPsoft, Inc.
• Salesforce.com, Inc.
• Lexalytics, Inc.
• Narrative Science, Inc.
Unique Offerings
• Exhaustive coverage
• Highest number of market tables and figures
• Subscription based model available
• Guaranteed best price
• Assured post sales research support with 10% customization free
Read the full report: https://www.reportlinker.com/p05975407/?utm_source=GNW
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.
__________________________
Clare: [email protected] US: (339)-368-6001 Intl: +1 339-368-6001
Artificial Intelligence
Aurionpro Solutions acquires Arya.ai, to power next generation Enterprise AI platforms for Financial Institutions
SINGAPORE, April 20, 2024 /PRNewswire/ — Aurionpro Solutions Limited (BSE: 532668) (NSE: AURIONPRO) announces the acquisition of Banking and Insurance focused PaaS startup, Arya.ai. With Arya.ai, Aurionpro will enhance its portfolio of enterprise fintech offerings to expedite adoption of AI that is responsible, accurate, and auditable.
Aurionpro Solutions Ltd. will acquire a majority stake (67%) in Arya.ai. This acquisition will bring products and expertise in Artificial Intelligence, Deep Learning, Intelligent Automation, PaaS, Autonomous AI Platforms, and more, to complement and strengthen Aurionpro’s industry leading portfolio.
The transaction comprises acquisition of shares held by the existing shareholders and subscription of new equity capital in the company. This will be an all-cash deal. The aggregate investment including secondary acquisition and fund infusion is approximately 16.5 MN USD.
By integrating Arya.ai’s cutting-edge AI cloud platform, with Aurionpro’s comprehensive suite of offerings, the company will create an industry leading Enterprise AI platform focused on creating value for financial institutions globally.
Commenting on the acquisition, Ashish Rai, CEO of Aurionpro Solutions, stated, “The acquisition of Arya.ai marries Aurionpro’s portfolio of industry leading enterprise software with one of the most mature Enterprise AI platforms focused on Banks and Insurers. We are incredibly excited about working with Arya.ai and our wider ecosystem partners to build out the leading Enterprise AI platform, for the financial industry worldwide.”
“Our decade long experience in building tools/platform for deep learning helped us to build a truly verticalized AI Operating System for Banking and Insurance.” Says Vinay Kumar CEO/Founder of Arya.ai. “Together with Aurionpro, we are going to build a new generation of Enterprise AI software for Banks and Insurers that truly embeds AI, augmenting a task or Autonomous Agents that can take over entire transactions”.
Founded in 2013 by Vinay Kumar and Deekshith Marla, Arya.ai has been one of the first ‘AI’ startups to use Deep Learning and deploy in enterprises. Arya.ai’s BFSI PaaS offerings include Arya API with 80+ ML models, Libra for fine-tuning SOTA ML models, and AryaXAI for AI governance.
Photo – https://mma.prnewswire.com/media/2392705/Aurionpro_solutions.jpgLogo – https://mma.prnewswire.com/media/2392706/Aurionpro_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/aurionpro-solutions-acquires-aryaai-to-power-next-generation-enterprise-ai-platforms-for-financial-institutions-302122674.html
Artificial Intelligence
Free Your Hands, QIDI Vida Smart AR Glasses Lead the Way in New Sports Experience.
NEW YORK, April 19, 2024 /PRNewswire/ — Outdoor smart AR glasses, QIDI Vida, will officially launch on 23rd April on the Kickstarter platform. QIDI Vida integrates the many functions of smart watches, sports headphones, cycling computers, heart rate monitors, and walkie-talkies using AR+AI technology, allowing users to bid farewell to cumbersome device management and enjoy outdoor sports anytime, anywhere with just one pair of glasses.
Function:
QIDI Vida uses high-tech HUD (Head-Up Display) which is similar to the technology used for aircrafts and premium cars and introduces it to the sports industry. Users can activate the HUD function at any time using voice control, enabling them to focus on the route ahead whilst simultaneously having access to information such as navigation, speed, heart rate, power and cadence, among other metrics. Another great function of the QIDI Vida is that users can also enjoy audiovisual entertainment through the optically perceived 100-inch AR HUD screen, when having some down time.
As cyclists and hikers often travel in groups, QIDI Vida supports eSIM and team functionality, allowing real-time voice communication without releasing handlebars, and users can monitor their groups’ real-time locations. The glasses also have comprehensive sensing and monitoring capabilities including temperature, humidity, UV, air pressure, geomagnetism and acceleration. In addition to obtaining environmental and health information, it also features health warnings such as altitude sickness symptoms and high heart rate, as well as fall and collision detection functions. And, in the event of danger, it can send distress signals to teammates.
Perks:
QIDI Vida has a global voice recognition and interaction feature that allows you to control all functions within the device by voice. To better provide users with an immersive sports experience, QIDI Vida’s intelligent system will have the capability to instantly gather personalised sports data, enabling it to deliver timely voice alerts and broadcasts, including the duration of exercise, distance, the environment and the weather – all tailored to the user’s preferences.
QIDI Vida enables voice-controlled photos and video recordings, allowing users to capture moments whilst cycling or hiking without the need to stop. QIDI Vida supports connections with common cycling smart hardware such as Garmin, Wahoo, Apple, and Samsung, supports GPX route files, and is compatible with professional sports apps such as Strava, Keep, Zwift, Apple Health, and All Trails.
QIDI Vida stands out for its lightweight and comfortable design with a dual lens for a full-colour data display, unlike competing AR glasses that typically have a single lens and limited colour. This innovation significantly enhances and augments the user’s sports and reality experience.
QIDI Vida will launch on the Kickstarter platform: https://www.kickstarter.com/projects/109560964/qidi-vida-smart-ar-glasses-for-sports
HIGH RES IMAGE: https://we.tl/t-epx2syiuaRWATCH VIDEO: https://www.youtube.com/watch?v=2v_Pli2pAM8&t=164s
Photo – https://mma.prnewswire.com/media/2392090/2.jpgPhoto – https://mma.prnewswire.com/media/2392092/3.jpgPhoto – https://mma.prnewswire.com/media/2392093/4.jpgPhoto – https://mma.prnewswire.com/media/2392089/1_Logo.jpg
View original content:https://www.prnewswire.co.uk/news-releases/free-your-hands-qidi-vida-smart-ar-glasses-lead-the-way-in-new-sports-experience-302122189.html
Artificial Intelligence
Risk Analytics Market worth $180.9 billion by 2029 – Exclusive Report by MarketsandMarkets™
CHICAGO, April 19, 2024 /PRNewswire/ — The growing use of real-time monitoring and advanced analytics, integration with cutting-edge technologies like blockchain and IoT, and an emphasis on cybersecurity, cross-industry applications, and regulatory compliance are the key factors that will shape the risk analytics market in the future. The market’s development will also be influenced by collaborative risk management, improved user experience, and an increasing focus on ESG factors and risk culture.
The Risk Analytics Market is estimated to grow from USD 59.7 billion in 2024 to USD 180.9 billion in 2029, at a CAGR of 24.8% during the forecast period, according to a new report by MarketsandMarkets™. Several trends fuel the global spread of Risk Analytics. Increasingly Increasing Data Complexity, Rising Cybersecurity Threats and Rising Adoption of Cloud-Based Solutions A growing talent pool of data scientists and engineers is building the necessary tools and infrastructure. Governments are recognizing the potential of risk analytics for economic growth and are investing in research and development. These trends make DI more accessible and valuable, leading to its global adoption.
Browse in-depth TOC on “Risk Analytics Market”260 – Tables 60 – Figures350 – Pages
Download PDF Brochure @ https://www.marketsandmarkets.com/pdfdownloadNew.asp?id=210662258
Scope of the Report
Report Metrics
Details
Market size available for years
2019–2023
Base year considered
2023
Forecast period
2024–2029
Forecast units
USD Billion
Segments Covered
Offering,Risk Type, Risk stages, Vertical, and Region.
Geographies covered
North America, Europe, Asia Pacific, Middle East & Africa, and Latin America
Companies covered
IBM (US), SAS Institute (US), Oracle (US), FIS(US), Moody’s Analytics (US), ProcessUnity(US), ServiceNow (US), Marsh (US), Aon (UK), MetricStream (US), Resolver (Canada), SAP (Germany), Milliman(US), LogicManager(US), Provenir(US), SAI360(US), Deloitte(UK), OneTrust(US), Diligent(US), Alteryx(US), CRISIL(India), Archer(US), ZestyAI(US), Fusion Risk Management(US), RiskVille(Ireland), SPIN Analytics(UK), Kyvos Insights(US), Imperva(US), Cirium(UK), Quantexa(UK), ClickUp(US), Sprinto(US), Ventiv(US), Adenza(US), Centrl.AI(Canada), SafetyCulture(Australia), Quantifi(US), CubeLogic(UK), Onspring(US), Riskoptics(US)
By offering the services segment to account for higher CAGR during the forecast period
In the Risk Analytics Market, the highest CAGR of services is fueled by Increasing Complexity of Risks, AI and machine learning advancements, big data analytics integration, business process optimization, cloud-based solutions adoption, data-driven culture, and diverse industry adoption. These trends reflect a global shift towards leveraging data for competitive advantage, driving a continuous need for sophisticated risk analytics services across sectors. As businesses prioritize agility, the growth of services in the Risk Analytics Market is driven by the need for effective risk management strategies in an increasingly complex and uncertain business environment.
Request Sample Pages@ https://www.marketsandmarkets.com/requestsampleNew.asp?id=210662258
By Type, GRC software is expected to hold the largest market size for the year 2024
GRC software typically offers comprehensive solutions that cover a wide range of risk management needs, including compliance management, policy management, audit management, and risk assessment. They also provide organizations with enhanced visibility into their risk landscape. Through features such as risk assessment, risk monitoring, and reporting, organizations can identify and prioritize risks more effectively, enabling proactive risk management strategies. GRC software streamlines risk management processes through automation, reducing manual effort and increasing efficiency. Tasks such as risk assessments, control testing, and incident management can be automated, freeing up resources to focus on strategic risk mitigation efforts. the combination of comprehensive functionality, regulatory compliance support, efficiency gains, scalability, integration capabilities, and culture enhancement makes GRC software a preferred choice for many organizations seeking to manage risk effectively.
By Vertical, Healthcare & Life Sciences is projected to grow at the highest CAGR during the forecast period
The Healthcare and Lifesciences is experiencing a surge in the adoption of risk analytics due to a confluence of factors. Healthcare providers and life sciences companies wants to ensure the safety and well-being of patients. Risk analytics helps in identifying potential risks to patient safety, such as medication errors, adverse events, and medical device failures. The healthcare and life sciences industries are heavily regulated, with strict guidelines for patient care, data privacy, drug development, and clinical trials. Risk analytics helps organizations ensure compliance with these regulations by identifying and mitigating risks of non-compliance. Healthcare organizations and life sciences companies also face financial risks associated with fraud, billing errors, revenue cycle management, and reimbursement challenges. Risk analytics helps in detecting anomalies and optimizing financial processes to mitigate these risks.
Asia Pacific is expected to grow at the highest CAGR during the forecast period
The Asia-Pacific (APAC) region is experiencing rapid growth in the Risk Analytics Market, boasting the highest Compound Annual Growth Rate (CAGR). This surge is primarily attributed to rising demand for data-driven decision-making solutions, expanding digital transformation initiatives across industries.. Moreover, the region’s favorable regulatory environment, growing investments in big data analytics, and the integration of advanced technologies like the Internet of Things (IoT) further propel APAC’s dominance in Risk Analytics Market growth.
Top Key Companies in Risk Analytics Market:
The major risk analytics software and service providers include IBM (US), SAS Institute (US), Oracle (US), FIS(US), Moody’s Analytics (US), ProcessUnity(US), ServiceNow (US), Marsh (US), Aon (UK), MetricStream (US), Resolver (Canada), SAP (Germany), Milliman(US), LogicManager(US), Provenir(US), SAI360(US), Deloitte(UK), OneTrust(US), Diligent(US), Alteryx(US), CRISIL(India), Archer(US), ZestyAI(US), Fusion Risk Management(US), RiskVille(Ireland), SPIN Analytics(UK), Kyvos Insights(US), Imperva(US), Cirium(UK), Quantexa(UK), ClickUp(US), Sprinto(US), Ventiv(US), Adenza(US), Centrl.AI(Canada), SafetyCulture(Australia), Quantifi(US), CubeLogic(UK), Onspring(US), Riskoptics(US). These companies have used both organic and inorganic growth strategies such as product launches, acquisitions, and partnerships to strengthen their position in the Risk Analytics Market.
Recent Developments:
In March 2024, Orcale announced Oracle Risk Management Cloud in Release 24B. It offers comprehensive solution designed to help organizations identify, assess, and mitigate risks across their business operations. It offers advanced analytics, automation, and collaboration tools to streamline risk management.In March 2024, FIS Global announces card fraud detection capabilities leveraging artificial intelligence (AI) with aim to bolster FIS’s ability to identify and prevent fraudulent transactions, providing greater security for cardholders and financial institutions alike.In March 2024, Aon acquired an AI-powered platform to assist fleet and mobility clients in making data-driven decisions, enhancing operational efficiency and risk management. The platform utilizes artificial intelligence to analyze data and provide insights, enabling clients to optimize their fleet operations and improve decision-making processes.In March 2024, Crisp joined Resolver, with the aim to enhance Resolver’s risk intelligence capabilities by integrating Crisp’s expertise and technology into its platform, offering clients improved risk assessment and mitigation tools.In February 2024, SAS partnered with Carahsoft to bring analytics, AI, and data management solutions to the public sector. The aim is to leverage SAS’s expertise in advanced analytics and Carahsoft’s extensive government market reach to offer tailored solutions that enable public sector organizations to harness the power of data for informed decision-making and improved outcomes.Inquire Before Buying@ https://www.marketsandmarkets.com/Enquiry_Before_BuyingNew.asp?id=210662258
Risk Analytics Market Advantages:
By offering insights into potential risks, opportunities, and trends, risk analytics helps organisations make data-driven decisions that improve strategic planning and resource allocation.In order to improve risk management procedures and lessen exposure to possible threats, risk analytics solutions assist businesses in identifying, evaluating, and mitigating risks across a range of business activities, including finance, operations, and compliance.Through real-time monitoring and anomaly detection made possible by risk analytics, organisations may proactively address shifting market situations, legal requirements, and cybersecurity threats.Risk analytics solutions assist organisations lower operating costs, increase productivity, and streamline compliance activities, which results in cost savings and resource optimisation. They do this by streamlining risk management procedures and automating routine work.Accurate risk assessments, audit trails, and reporting capabilities are just a few of the ways that risk analytics solutions help organisations comply with regulations and stay out of trouble.Organisations can enhance their resilience and competitiveness by anticipating and mitigating potential hazards before they materialise through the use of predictive modelling and advanced analytics approaches in risk analytics.Report Objectives
To define, describe, and predict the Risk Analytics Market by offering, risk type, risk stages, vertical, and regionTo provide detailed information about the major factors (drivers, restraints, opportunities, and challenges) influencing the market growthTo analyze the opportunities in the market and provide details of the competitive landscape for stakeholders and market leadersTo forecast the market size of segments with respect to five main regions: North America, Europe, Asia Pacific, Middle East & Africa, and Latin AmericaTo profile the key players and comprehensively analyze their market rankings and core competenciesTo analyze the competitive developments, such as partnerships, product launches, and mergers & acquisitions, in the Risk Analytics MarketBrowse Adjacent Markets: Analytics Market Research Reports & Consulting
Related Reports:
Customer Data Platform Market – Global Forecast to 2028
Speech Analytics Market- Global Forecast to 2029
Text to Video AI Market – Global Forecast to 2027
Contact Center Analytics Market- Global Forecast to 2027
Procurement Analytics Market- Global Forecast to 2026
About MarketsandMarkets™
MarketsandMarkets™ has been recognized as one of America’s best management consulting firms by Forbes, as per their recent report.
MarketsandMarkets™ is a blue ocean alternative in growth consulting and program management, leveraging a man-machine offering to drive supernormal growth for progressive organizations in the B2B space. We have the widest lens on emerging technologies, making us proficient in co-creating supernormal growth for clients.
Earlier this year, we made a formal transformation into one of America’s best management consulting firms as per a survey conducted by Forbes.
The B2B economy is witnessing the emergence of $25 trillion of new revenue streams that are substituting existing revenue streams in this decade alone. We work with clients on growth programs, helping them monetize this $25 trillion opportunity through our service lines – TAM Expansion, Go-to-Market (GTM) Strategy to Execution, Market Share Gain, Account Enablement, and Thought Leadership Marketing.
Built on the ‘GIVE Growth’ principle, we work with several Forbes Global 2000 B2B companies – helping them stay relevant in a disruptive ecosystem. Our insights and strategies are molded by our industry experts, cutting-edge AI-powered Market Intelligence Cloud, and years of research. The KnowledgeStore™ (our Market Intelligence Cloud) integrates our research, facilitates an analysis of interconnections through a set of applications, helping clients look at the entire ecosystem and understand the revenue shifts happening in their industry.
To find out more, visit www.MarketsandMarkets™.com or follow us on Twitter, LinkedIn and Facebook.
Contact:Mr. Aashish MehraMarketsandMarkets™ INC.630 Dundee RoadSuite 430Northbrook, IL 60062USA: +1-888-600-6441Email: [email protected] Insight: https://www.marketsandmarkets.com/ResearchInsight/risk-analytics-market.aspVisit Our Website: https://www.marketsandmarkets.com/Content Source: https://www.marketsandmarkets.com/PressReleases/risk-analytics.asp
Logo: https://mma.prnewswire.com/media/1951202/4609423/MarketsandMarkets.jpg
View original content:https://www.prnewswire.co.uk/news-releases/risk-analytics-market-worth-180-9-billion-by-2029—exclusive-report-by-marketsandmarkets-302121085.html
-
Artificial Intelligence6 days ago
Silent Eight secures AIA as its latest client
-
Artificial Intelligence3 days ago
Huawei Introduces AI Technologies to Accelerate Network Transformation Towards All Intelligence in the Net5.5G Era
-
Artificial Intelligence5 days ago
Global Networking Innovator Huawei Leads the New Era of Campus Network Technology
-
Artificial Intelligence5 days ago
Broadcom Earns Frost & Sullivan’s 2024 Global Company of the Year Award for Delivering Reliable and Flexible Hybrid Cloud Management Solutions
-
Artificial Intelligence5 days ago
GFT teams up with Google Cloud to launch ‘GenAI Intelligent Assistant’
-
Artificial Intelligence4 days ago
vLex Launches Vastly Expanded Vincent Legal GenAI Toolset, and AI-Focused Co-Development Lab
-
Artificial Intelligence5 days ago
ELEGOO Adds Two New Innovations To Its Saturn Series, Ushering In A New Era Of Precision 3D Printing
-
Artificial Intelligence4 days ago
GEP NAMED ‘LEADER’ IN MULTIPLE GLOBAL PROCUREMENT SERVICES REPORTS BY TOP ANALYST FOR FOURTH YEAR IN A ROW