Ascent Business Technology Inc, an Enterprise SaaS firm announces extension of Seed round of funding with participation from all existing investors.  “The financing round was oversubscribed and is a strong endorsement of our product strategy and go-to-market approach.  Ascent plans to further strengthen its Risk & Resilience Solutions offerings and support its expansion into US market”, said Kundan Shekhawat Founder & CEO. As part of the growth strategy, Ascent has recently added Vikash Varma as an Independent Board Member, ”The pandemic has highlighted the unpredictabil ..read more

Banking, financial services, and insurance firms along with their regulators are becoming increasingly determined to focus on operational resilience and business continuity. The increasing dependency that the segment has on complex systems, third parties, automation, and technology has led to an obsession to eliminate failure or outages in the first place. Any company that witnesses disruption is often held to account with its reputation at risk of being tarnished in the marketplace. A certain expectation has been developed from the BFSI (banking, financial services, and insurance) segment to ..read more

After 12 years in the making, less than 100 days to go until the 2022 FIFA World Cup kick-start. All eyes will be upon Qatar as the country will host this year’s World Cup. Organizations of the host county are excited about the plethora of commercial benefits the mega event will bring, as they should be. But are they prepared for the challenges? As the world’s largest brands and companies converge on Qatar, disruptions and interruptions will likely follow the host country. It is guided in hindsight by opportunities, do not turn a blind eye to pitfalls and challenges that would be inevitable ..read more

Just when your supply chain is sailing smoothly, supply chain interruptions become an obstacle and put critical deadlines, business goals, and reputation at risk. Worst case scenario, your operations can come to an extended halt. However, if you have a crisis management plan that is well exercised using scenarios beforehand, you can restore your supply chain faster. Even better, collaborating with dependent suppliers during planning phases can further improve your organization’s ability to recover.   Supply chain disruptions hold the extravagant potential to shrink the economy by re ..read more

Banking, financial services, and insurance firms along with their regulators are becoming increasingly determined to focus on operational resilience and business continuity. The increasing dependency that the segment has on complex systems, third parties, automation, and technology has led to an obsession to eliminate failure or outages in the first place. Any company that witnesses disruption is often held to account with its reputation at risk of being tarnished in the marketplace. A certain expectation has been developed from the BFSI (banking, financial services, and insurance) segment to ..read more

Just when your supply chain is sailing smoothly, supply chain interruptions become an obstacle and put critical deadlines, business goals, and reputation at risk. Worst case scenario, your operations can come to an extended halt. However, if you have a crisis management plan that is well exercised using scenarios beforehand, you can restore your supply chain faster. Even better, collaborating with dependent suppliers during planning phases can further improve your organization’s ability to recover.   Supply chain disruptions hold the extravagant potential to shrink the economy by re ..read more

After 12 years in the making, less than 100 days to go until the 2022 FIFA World Cup kick-start. All eyes will be upon Qatar as the country will host this year’s World Cup. Organizations of the host county are excited about the plethora of commercial benefits the mega event will bring, as they should be. But are they prepared for the challenges? As the world’s largest brands and companies converge on Qatar, disruptions and interruptions will likely follow the host country. It is guided in hindsight by opportunities, do not turn a blind eye to pitfalls and challenges that would be inevitable ..read more

The market landscape has gone through significant changes. A single disruption can affect businesses even with little relevance to the disaster. One of the perfect examples took place in March 2021 when the Suez Canal was blocked by a 20,000 TEU container ship. This one event impacted the entire world economy for almost 6 days. The blockade ceased all other container vessels passing through the Canal, resulting in a loss of a whopping 9 billion dollars. Meanwhile, the pandemic and cyberattacks are still top of the chart.   Thus, becoming resilient is not a matter of choice anymore ..read more

The graphical representation highlights the top 10 statistics to help you recognize the importance of implementing or improving resilience in your organization. It is clear from the infographic that companies whether small, medium, or large must pay heavy prices if they do not have business continuity, crisis management, disaster recovery, or incident management plan in place. Now more than ever the business ecosystem is indefinite, especially during the pandemic where close to 100,000 small firms were permanently closed.   Pandemic isn’t the only threat that is keeping business lea ..read more

The market landscape has gone through significant changes. A single disruption can affect businesses even with little relevance to the disaster. One of the perfect examples took place in March 2021 when the Suez Canal was blocked by a 20,000 TEU container ship. This one event impacted the entire world economy for almost 6 days. The blockade ceased all other container vessels passing through the Canal, resulting in a loss of a whopping 9 billion dollars. Meanwhile, the pandemic and cyberattacks are still top of the chart.   Thus, becoming resilient is not a matter of choice anymore ..read more