Which are the prominent business assurance market players across the globe?

Business assurance allows organizations to address various challenges including risk management, compliance maintenance, and effective governance of the organization among others. Business assurance incorporates a suite of dedicated software applications that interact to provide automatic monitoring of controls across the enterprise, and consistent monitoring of crucial indicators that offer the management personnel an overview of all key functions. Various applications of business assurance services include risk management, audit management, compliance management, e-Learning, contract management, business continuity management, and corporate legal management among others.

Market Drivers: Growing Adoption of Business Assurance to Increase Confidence and Improve Efficiency of Business Processes

Growing adoption of business assurance to increase confidence and improve efficiency within business processes is driving growth of the global business assurance market. Business risk assurance services help companies to perform business with confidence by identifying, measuring, and managing risk effectively. Business assurance software and business assurance services support companies in governance, compliance, and risk management. Business assurance or risk management is an integral part of major companies such as Schlumberger Limited and Siemens AG, which helps them to manage their business, protect value, and improve performance.

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These services help to build a complete understanding of risk that can enhance the company’s ability to achieve its business goals, help to make business processes more reliable by taking a practical approach to risk, and enhance the company’s reputation through more reliable and transparent corporation communication. Therefore, business assurance services and software boost the performance, processes, and communication within companies.

Key features of the study:

This report provides an in-depth analysis of the business assurance market size (US$ Mn), and compound annual growth rate (CAGR %) for the forecast period (2019– 2027), considering 2017 as the base year
It elucidates potential revenue opportunity across different segments and explains attractive investment proposition matrix for this market
This study also provides key insights about market drivers, restraints, opportunities, new product launches or approvals, regional outlook, and competitive strategies adopted by leading players
It profiles leading players in the global business assurance market based on the following parameters – company overview, financial performance, product portfolio, geographical presence, key developments, strategies, and future plans
Companies covered as part of this study include Atkins Global, Baker Engineering and Risk Consultants, Inc., Ciena Corporation, AssuringBusiness, Cognizant, Stress Engineering Services, Inc., INFOSYS, Cyber Risk Assurance, Equinox Information Systems, HCL Technologies, aeSolutions, Tata Consultancy Services Ltd., LexisNexis, NETSCOUT Systems Inc., Prolifics Inc., and Tenea Technologies.

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