According to TechSci Research the Global Automotive Axial Flux Motor Market was worth USD 108 million in 2021 and is expected to grow at a CAGR of 29.80% by 2027. This is because axial flux motors, which have higher power efficiency, a compact size, and a high torque specification, have the potential to replace radial motors. Unlike radial motors, axial flux motors have a distinct geometry with magnetic flux direction parallel to the motor rotation axis. These motors use the same electrical comp
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Home office expenses might be one of the most feared business deductions due to concern over disallowance by the IRS. Thus, many taxpayers entitled to the deduction don’t claim it. If you use part of your home exclusively and regularly for conducting business, you may be able to deduct expenses such as mortgage interest, insurance, utilities, repairs, and depreciation for that area. You need to figure out the percentage of your home devoted to your business activities, utilities, repairs, and de
During the forecast period of 2023-2033, the global cloud identity and access management (IAM)market is expected to reach an estimated value of ~USD 21 billion by 2033, by expanding at a significant CAGR of ~21%. The market further generated a revenue of ~USD 3 billion in the year 2022. Major key factors propelling the growth of the global cloud identity and access management (IAM)market worldwide are rising penetration of the internet as well as the increasing use of cloud along with growing co
The advanced driver assistance system encompasses a wide array of active and passive technologies designed to assist drivers in providing safety, comfort, and efficiency while driving, while also improving the security and safety of drivers, passengers, and pedestrians. Key components of ADAS include sensors, cameras, radars, and software. Some of the key advancements in ADAS technology include autonomous emergency braking, park assist, adaptive cruise control, and lane departure warning systems
ChatGPT is the most viral application–literally of all time. It took just 5 days for ChatGPT to gain 1 million users and 2 months to gain its first 100 million users.
So, first, what is ChatGPT?
ChatGPT is a pre-trained language generation model developed by OpenAI. It uses deep learning techniques to generate human-like responses to questions, based on the input it receives. It can be useful to a mid-size or large organization by automating customer service tasks such as answering frequently as
Financial institutions use Enterprise Risk Management software to efficiently identify, analyze, and manage risk exposure. It gives a unified perspective of all the risks a company is exposed to and tools for monitoring, analyzing, and managing those risks. ERM software helps financial organizations precisely study their risk exposure, prioritize those risks, and develop a risk mitigation strategy.
Moreover, this assists financial institutions in meeting regulatory requirements, reducing economic
The global AI chip market is expected to garner a large revenue by growing at a remarkable CAGR throughout the forecast period, i.e. 2021 – 2030, owing to the surging adoption of artificial intelligence technologies globally, increasing need to solve mathematical and computational problems effectively, and growing volume of data stored. More than $11 billion were spent on AI based business operations globally in 2019. Furthermore, rising investments in smart homes and cities is also estimated to

Hello Global Risk Community member,
Did you know that corporate penalties for US regulatory violations have ballooned to over $60 billion annually? Fines jeopardize your company’s bottom line and reputation. Not only do you need to monitor compliance, you also need to do all you can to mitigate risk and know your compliance risk posture.
In their continuing series on risk management, Protecht’s Chief Research and Content Officer David Tattam and VP of North America Terence Lee are having a con
The latest scientific information regarding the most common cancer myths, misconceptions, and facts. Learn the facts to reduce your stress and make correct health decisions.
MYTH 1: Cancer is contagious.
FACT: No, cancer is not contagious. Cancer is not a virus or an infection that can be spread from person to person like the common cold or flu. However, certain cancers are caused by viruses and bacteria that can be transmitted between individuals. Certain types of the human papillomavirus (HPV) h
Hi Global Risk Community member
Emerging technologies and rising customer expectations are disrupting the insurance industry. Is your business ready to navigate this changing landscape?
In its latest report, Reuters Insight collated data from senior executives at the forefront of the insurance industry, highlighting the key trends that will affect your business in 2023 and beyond. Giving you access to reliable statistics and first-hand experiences that will shape your roadmap and future st
Research Nester published a report titled “5G Edge Cloud Network and Services Market: Global Demand Analysis & Opportunity Outlook 2030″which delivers detailed overview of theglobal5G edge cloud network and services market in terms of market segmentation by solution, enterprise size, end use industry, and by region.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future mar
Research Nester has released a report titled “5G Technology Market – Global Demand Analysis & Opportunity Outlook 2028″ which also includes some of the prominent market analyzing parameters such as industry growth drivers, restraints, supply and demand risk, market attractiveness, year-on-year (Y-O-Y) growth comparisons, market share comparisons, BPS analysis, SWOT analysis, and Porter’s five force model.
International Telecommunication Union (ITU), in one of its statistics, stated that a total
Note the following sentence in a New York Times news story yesterday by Michael Schwirtz and Anton Troianovski about Russia’s invasion of Ukraine: “Mr. Putin’s attempt to put a veneer of nobility on an unprovoked invasion that has killed thousands of civilians and turned millions more into refugees was made in the Russian city once known as Stalingrad, on the 80th anniversary of a vic
Research Nester published a report titled “AI-based Clinical Trial Solution Providers Market: Global Demand Analysis & Opportunity Outlook 2031” which delivers detailed overview of the global AI-based clinical trial solution providers market in terms of market segmentation by application, end-user, and by region.
Further, for the in-depth analysis, the report encompasses the industry growth indicators, restraints, supply and demand risk, along with detailed discussion on current and future market
Emerging risks, such as cyber-attacks, natural catastrophes, and regulatory changes, can have severe consequences for financial institutions and their enterprise risk management plans. Such dangers can lead to operational interruptions, the loss of secret information, financial losses, and reputational harm. Financial institutions must constantly analyze and upgrade their risk management frameworks and invest in the latest technology and procedures to reduce such risks.
On the other hand, this mi
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Thank you, thank you, thank you to everyone who responded to my survey last week on the topics of most interest to you for me to blog about and the type of training you may be seeking. You can give your feedback here (which I would appreciate as the interest is broad and I am keen on firming up the front runners).
Today I’m starting from the top. The topic requested was “How to build an enterprise risk management strategy.” After all, it all flows from there. Building an enterprise risk managemen
