TECH & AI
Guarding against disruption On the topic of disruption , the cloud is proving pivotal from a risk management perspective .
During this era of geopolitical uncertainty , economic strife and extreme weather events , companies need all the help they can get if they are to ensure everyday operations remain uninterrupted .
This is where cloud solutions come to the fore , thanks to their ability to leverage external data in addition to internal data – important assets for monitoring and addressing an expanded scope of risk in today ’ s dynamic , rapidlychanging marketplace .
“ By handling more robust datasets and applying advanced analytics , cloud platforms can view risk through various lenses , upstream and downstream ,” Carla notes . “ Alternative sources of supply demand , vulnerabilities in supply sources and potential labour sources become easier to identify .
“ That same capability not only helps to proactively address potential risk , but can also provide real-time visibility , allowing for better management of in-line operations as well . Potential disruptions can be detected early and addressed proactively – and more effectively .”
And that ’ s not all . On the manufacturing front , cloud capabilities allow material
162 August 2024