Global Corporate Survey 2023: Risk Software Brands Recognition
Christine O'Donnell
Daniel Garcia
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Executive Summary
This report helps strategy executives, chief marketing officers and business development directors at firms offering risk management software solutions understand the relative strength of their brands, in terms of preference and awareness, from the perspective of 200 risk executives across 11 countries and 14 industries. The brand assessment study was conducted as part of the Verdantix 2023 global corporate risk management survey. To ensure a high-quality data set, the respondents of our survey represented firms with minimum annual revenues of $250 million and held role titles of director and above. Our market analysis finds that firm awareness is being elevated by providers instigating a brand growth strategy focusing on integrating risk management into a single solution, and/or spotlighting the ESG component of their offering.SAI360, Resolver, ServiceNow and Riskonnect are among the top firms in brand preference
Risk management digital strategies are influenced by ESG risks, regulatory change and integration efforts
Figure 2. Risk management software vendors: brand awareness ranking
Figure 3. ESG and sustainability ranks among the most pressing organizational risks
Figure 4. Geographic pressures related to ESG risk and climate change are key drivers of spend
About the Authors
Christine O'Donnell
Senior Analyst
Christine is a Senior Analyst at Verdantix, where she provides research-driven insights to help corporate leaders and technology vendors navigate the evolving third-party risk...
Daniel Garcia
Senior Manager
Daniel is a risk and compliance subject-matter expert (SME), with over 16 years of global experience, having worked for major financial institutions and consulting firms in La...
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