QinetiQ Australia today announced it has selected an enterprise risk management software tool called Predict! from Risk Decisions to manage risk and opportunities across the business.
Alan Woolford, Chief Executive Officer (CEO) of QinetiQ Australia, said sound risk management puts the business in a better position to seize new opportunities as they emerge.
“We chose Predict! as our enterprise wide risk management software tool to establish the right technology, risk culture and people to grow our business,” Mr Woolford said.
Val Jonas, CEO of Risk Decisions, said only a true enterprise risk management solution like Predict! could move risk management from a cost to the business to a value-adding process.
“Predict! gives an organisation-wide and consistent overview of risk exposure and enables them to identify and mitigate risk hotspots. This focuses resources on critical areas and aids proactive decision-making,” Ms Jonas said.
“We’re pleased QinetiQ Australia has chosen Predict! to support their risk management processes, understanding that effective risk management helps drive company growth.”
Notes for Editors:
– A FTSE250 company, QinetiQ uses its domain knowledge to provide technical support and know-how to customers in the global aerospace, defence and security markets. QinetiQ’s unique position enables it to be a trusted partner to government organisations, predominantly in the UK and the US, including defence departments, intelligence services and security agencies.
– As part of the QinetiQ company, QinetiQ Australia has 250 engineers and consultants located across Australia who use their know-how to deliver trusted and independent value solutions to Australian defence and government organisations across air, land, sea and information domains as well as the rail and mining industries.
– With over 27 years in the industry, Risk Decisions has been built with a passion for risk management by both its management team and employees. It has a well-established reputation for helping major corporations and government organisations worldwide achieve improved business performance through embedding best practice risk management and analysis. Its Predict! software is implemented across the globe with key customers including UK Ministry of Defence and Australian Department of Defence. Predict!’s flexibility to adapt to the way users manage risk and opportunities has made Predict! a leader in its field. For more information, visit riskdecisions.com.
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For further information, please contact
Jenny Waller, Marketing Manager, QinetiQ Australia on Tel: +61(7) 3031 2045
Visit the website at www.QinetiQ.com.au
QinetiQ Press Office on Tel: +44 (0) 1252 39 3500
Visit the website at www.QinetiQ.com