In this episode, Ori Wellington and Sam Jones explore the transformative impact of AI on the Integrated Risk Management (IRM) market. According to the latest figures from Q4 2024, the IRM technology market is projected to grow from $55.8 billion in 2024 to $121.8 billion by 2031, with a compound annual growth rate (CAGR) of 10.2%. This growth reflects a strong demand for advanced, autonomous risk management solutions. Drawing on insights from John A. Wheeler, CEO of Wheelhouse Advisors, they discuss how IRM is evolving from manual processes to AI-driven systems capable of real-time decision-making across the IRM Navigator™ Framework’s four pillars: performance, resilience, assurance, and compliance.

Wheeler explains how AI agents are reshaping industries like logistics, finance, and cybersecurity by enabling continuous monitoring and proactive risk mitigation. Predictions include AI’s future role in handling compliance updates autonomously and shifting the industry to subscription-based AI pricing models by 2027, making these powerful tools more accessible.

Why Should You Tune In?

• Explore a Paradigm Shift in IRM: Learn how AI agents are moving IRM from manual control to autonomous risk management.

• Understand the Competitive Edge: Gain insights into Wheeler’s vision of a redefined competitive landscape shaped by autonomous IRM.

• Prepare for Industry-Wide Changes: Discover how this evolution in AI-driven IRM solutions will revolutionize risk management across industries.

👉 Listen to Episode 5 now at The Risk Wheelhouse on Apple Podcasts, Spotify, Amazon Music, or use our link below!