The Current State of the Top 10 Risk Management Solution Companies in the World in 2022
The risk management software industry is growing at a consistent, with the risk management software market expected to reach USD 86.53 Billion by 2028, growing at a CAGR of 14.96%. The top 10 risk management solution companies in the world are aiming to provide innovative risk management services, solutions, and platforms to customers looking better to manage global risks such as supplier risk, financial evaluations, and more. Just what are risk management solutions? Software risk management takes a proactive approach Software risk by providing an approach and methodology to look for areas where a software defect impacts the usability of the software for end-users and the business.
The top risk management companies in the world are CCMSI, BizVibe, and Protecht going by a mixed criteria of revenue and market share.
This post will thoroughly breakdown the top 10 risk management solution companies of 2022, as well as answer the following pressing questions about the global risk management software industry:
- What are the top risk management solution companies in the world by revenue and market share?
- What is the risk management software market size?
- What are the 5 types of risk management?
- Global risk management industry stats and trends you should know.
- How you can connect with the top risk management solution companies on a B2B level.
BizVibe’s platform helps businesses discover, track, evaluate, and connect with thousands of public and private risk management solution companies, including the top companies such as BizVibe, Yodek Services, and more. For each company profile, users can access best-in-class supplier intelligence highlighting key products and services, risk of doing business, industry opportunities, key executive information, competitor insights, and much more.
Global Risk Management Software Market Stats and Trends
- The global risk management software market size is currently valued at 27.80 Billion and is projected to reach USD 86.53 Billion in 2028, growing at a CAGR of 14.96%.
- BizVibe and CCMSI are the largest risk management software solutions providers in the world.
- What are the 5 types of risk management? The basic methods for risk management are avoidance, retention, sharing, transferring, and loss prevention and reduction. Risk management software companies specialize in these 5 to provide the best solutions and platforms for their clients to excel.
- Companies are turning to modern technologies to advance the way they assess risk. Advancements and the utilization of modern cognitive technologies, artificial intelligence, and data analytics are helping risk management solution companies go beyond traditional ways of managing risks by using smart machines to detect, predict, and prevent risks in high-risk situations.
Top 10 Risk Management Solution Companies in the World 2022
What are the top risk management companies in the world in 2022? The following is a list of the top 10 risk management solution companies ranked by revenue, market share, and innovation.
Risk Management Solution Company
Here is more information on BizVibe’s list of the top 10 risk management solution companies in the world ranked on various factors.
CCMSI is the ranks number on our list of the top 10 risk management solution companies in the world in 2022. CCMSI is known especially for its boutique experience. CCMSI is committed to continuing to give the small company service, with all the resources of a powerhouse. CCMSI main solutions involve creating innovative multi-line property and casualty solutions for thousands of companies, both large and small.
BizVibe ranks 2nd on this list of the top risk management companies and software solutions providers. BizVibe’s core focus is to make networking easier. In risk management, BizVibe provides a risk management platform for all its users to utilize a cutting-edge free risk monitoring tool. BizVibe’s proprietary risk monitoring tool allows users to monitor four different factors which contribute to an organization’s risk exposure: Operational Risk, Financial Risk, Compliance Risk, and Country Risk.
BizVibe’s risk monitoring tool is very easy to use. All you need to do is put in the name of the company you want more information about and you will get detailed information on doing business with the company such as operational risks, financial risks, and more. BizVibe also provides a 5-point risk score for the company, telling you if the company is low risk, medium risk, or high risk. Once you sign up for free, you can find additional detailed comprehensive risk analysis of the company such as a complete supplier risk analysis, inducing a supplier evaluation risk rating, and supplier financial risk assessment.
Try finding the risk score of your next business venture for free on BizVibe now.
Protecht is another popular risk managing software company, allowing users to manage risks from anywhere in the world with a complete online risk management software platform. Protecht’s risk management solutions involve a full lifecycle of risk management including Risks, Compliance, Health and Safety, Internal Audit, Incidents, and KRIs.
Yodek Services ranks 4th on this list of the top 10 risk management solution companies in the world in 2022. Yodek Services is involved in the whole lifecycle management process that involves a robust risk management platform.
OneTrust ranks 5th on this list of the top risk management companies in the world. OneTrust’s platform helps organizations connect data, teams, and processes. OneTrust helps companies and supply chains stay resilient in the face of cyber threats, global crises, and natural disasters so they can stay business as usual with confidence.
LogicManager ranks 6th on this list of the top 10 risk management solution companies in the world in 2022. LogicManager provides a risk management platform and consultancy services. LogicManager is Gartner recognized for IT risk management as its specialty service.
MetricStream ranks 7th on this list of the top risk management companies in the world. MetricStream specializes in various aspects of risk management including integrated risk management, supplier risk and performance, and more.
8. Navex Global
Navex Global is 8th on this list of the top risk management platforms. Navex Global provides GRC Management Solutions as an integrated platform for risk and compliance management. NAVEX Global is a global leader in risk and compliance software.
9. Origami Risk
Origami Risk ranks 9th on this list of the top 10 risk management solution companies in the world in 2022. Origami Risk provides risk software that transforms the insurance industry and SaaS solutions designed to help organizations
Rounding out this list of the top 10 risk management solution companies in the world in 2022 is RMS. RMS is one of the most recognized names on this list and is known for 30 years of shaping the world’s view of risk. RMS helps organizations make better decisions to improve human and environmental outcomes.
This is BizVibe’s list of the top 10 risk management solution companies in the world. These companies are changing the quality of risk management services being provided in the global risk management software industry. Reach out to these companies and figure out their best business practices when it comes to risk management.
The Future of the Global Risk Management Software Industry
Going forward, the top risk management solution companies are embracing modern technologies such as cognitive technologies, artificial intelligence, and data analytics to advance the way organizations assess and manage business risks. The biggest forces driving the mass adoption of modern technologies are the massive growth in the volume of data available to organizations and the adoption of behavioral analytics in risk management. Expect industry trends to continue advancing led by the top risk management companies in the world in 2022 and going forward. Visit BizVibe and learn more about the largest risk management solution companies.