Contact
555 Madison Avenue, 5th Floor
New York, New York 10022
[email protected]
Universal Risk Management Research Group Limited
10 Earlsfort Terrace
Dublin 2, D02 T380, Ireland
Phone: +353.192.01598
New York, New York 10022
[email protected]
Universal Risk Management Research Group Limited
10 Earlsfort Terrace
Dublin 2, D02 T380, Ireland
Phone: +353.192.01598
Latest Thinking
- Remembering Charlie T. Fote: A Pillar of URM GROUP and a Friend to AllNovember 20, 2023 - 3:35 pm
- URM GROUP Announces Filing of Manufacturing Optimization Provisional Patent ApplicationNovember 7, 2023 - 5:15 pm
- URM GROUP CRO Nabil Abu el Ata Accepted into Forbes Business CouncilOctober 24, 2023 - 9:16 pm
X-ACT supports IBM Cloud Innovation
/in X-ACT /by Valerie DriessenIn his latest blog post, The Right Way to Ensure Operational Stability while moving to the Cloud, Thomas Rose, IBM Cloud Innovation Advisory Leader Germany, Austria and Switzerland, explained how IBM is using X-ACT® to optimize and improve the operational stability of their cloud services. X-ACT is the innovation behind IBM’s Cloud Load Simulation solution. […]
Using X-ACT Metrics to Guide Decisions
/in X-ACT /by Valerie DriessenLearn how companies use the advanced analytics and emulation capabilities supported by X-Act platform to identify how dynamic complexity leads to system limits, diagnose the root cause of limits and determine the best remedial actions by weighing the benefits, complexity and cost of proposed solutions.
Risk Management in the Age of Digital Disruption
/in Dynamic Complexity /by Nabil Abu el AtaCurrent risk management practices, which deal mostly with the risk of reoccurring historical events, cannot help business, government or economic leaders deal with the uncertainty and rate of change driven by the Fourth Industrial Revolution. As new innovations threaten to disrupt, business leaders lack the means to measure the risks and rewards associated with the adoption of new technologies and business models. Established companies are faltering as leaner and more agile start-ups bring to market the new products and services that customers of the on-demand or sharing economy desire—with better quality, faster speeds and/or lower costs than established companies can match.
How Dynamic Complexity Disrupts Business Operations
/in Dynamic Complexity /by Nabil Abu el AtaSuccessful risk determination and mitigation is dependent on how well we understand and account for dynamic complexity, its evolution, and the amount of time before the system will hit the singularity (singularities) through the intensification of stress on the dependencies and intertwined structures forming the system. In this blog post, we provide an example of a client case where dynamic complexity played a key role in terms of resource consumption, time to deliver and volume to deliver. It illustrates how the predictive emulation provided by X-Act OBC Platform can be used to isolate the evolving impact of dynamic complexity and calculate risk as an impact on system performance, cost, scalability and dependability.