Risk Assessment

Risk Rating: Scoring Challenges and Solutions

Risk rating is a complex scoring system, which relies upon previous experiences and foresight to anticipate risks that might impact the smooth functioning of business. When risks are well managed, a business can maximize opportunities and control the impact of disruptive events. Alternatively, if a risk is underestimated—or not anticipated at all—a business can suffer […]

The Value of Digital Twin Technology

Interest in digital twin technology is surging as use cases demonstrate its problem-solving value across diverse applications including operations, manufacturing, supply chains, utilities and enterprise management. A digital twin is commonly defined as a software representation of a physical asset, system or process designed to detect, prevent, predict and optimize the system being studied through real […]

Taking a Computer-Aided Engineering Approach to Business Transformation

Taking a computer-aided engineering (CAE) approach to business transformation can help businesses manage program risks, maximize value, decrease costs and accelerate innovation.

Using X-ACT Libraries for Intelligent Design and Prescriptive Management of Risk

X-Act libraries are a critical asset that shortens the time to value of an X-Act deployment from months to weeks and allow businesses to benchmark their systems against best in class implementations, gain a forward-looking view of the health of interconnected systems and know when a system transformation or disruption is needed. Any decisions can be justified with accurate knowledge of the benefits, costs and constraints of any proposed change.

Cloud-Based Services Transforming Business

To board members and business divisions, cloud-based services present an ideal solution for the delivery of adaptable technology services, which include services, applications, software licenses and infrastructure.  Analogous to how electricity is delivered today, cloud-based services allow businesses to provide technology services as a utility, where supply mirrors business demands and changing volumes.