Resolver, a Kroll Business Strengths, Domain Expertise, and Key Differentiators
Resolver empowers organizations to mitigate the frequency and impact of adverse events. Leveraged by risk, security, and resilience professionals, Resolver's software solutions deliver actionable insights while optimizing operational costs. Its integrated workflow facilitates efficient process modeling, automating notifications and escalations. By connecting incidents, events, and data through dynamic link analysis, Resolver enables thorough investigations and deeper insights into underlying issues. Additionally, its Security Risk Management capabilities enable security teams to comprehend the relationship between incident data and risks, facilitating data-driven decision-making.
The Security Audit application aids in pinpointing vulnerabilities and deficiencies in security measures, facilitating prompt corrective actions to safeguard the organization's personnel and assets. It offers the flexibility to model any audit process, enabling routine inspections based on requirements, areas, or specific systems and assets. Resolver streamlines issue management through to remediation, allowing users to identify trends either centrally or across the organization regarding specific requirements.
Resolver, a Kroll Business Recent Developments
In September 2023, Resolver enhanced its threat protection solution by integrating new threat management add-ons and services from its parent company, Kroll, into its Threat Protection platform. As part of this advancement, Resolver introduced the RAGE-V add-on, aiming to establish a new industry benchmark in threat assessment. This integration strengthens Resolver's position in providing comprehensive enterprise security risk management services.
In April 2021, Resolver unveiled its AI-powered incident reporting suite during its Live Launch Event. This innovative suite streamlines the process of generating incident reports, enhancing both efficiency and data accuracy while identifying and analyzing incident patterns. Utilizing narrative-style reporting, the AI engine automatically recognizes and queries key details like actors, dates, times, and locations against a comprehensive database. Additionally, Resolver introduced an Integration Platform as a Service (IPaaS) with pre-configured connectors, enabling seamless integration with leading enterprise tools such as Servicenow, Everbridge, Slack, and Salesforce, further augmenting its capabilities.
In February 2020, Resolver introduced its highly anticipated Resolver 3.0 platform, featuring a suite of applications spanning Enterprise Risk Management, Operational Risk Management, IT Risk and Compliance Management, Vendor Risk Management, Compliance, Incident Management, Security Risk Management, and Internal Audit. This release marked a significant milestone in Resolver's commitment to providing comprehensive solutions for diverse risk management needs.
In March 2018, Resolver introduced three new applications tailored for Corporate Security teams during its upcoming user event. These applications are integrated into Resolver's platform, renowned for its high scalability to meet the demands of global deployments, extensive customization options, and intuitive user interface adaptable to various devices and platforms. This initiative caters to the needs of mobile professionals, BYOD environments, and organizations utilizing multiple desktop solutions.
Resolver, a Kroll Business Mergers and Acquisitions (M&A) Activities
In March 2022, Resolver was acquired by Kroll, marking a significant strategic development in the market. The integration of Resolver's software solutions with Kroll's specialized expertise in risk and governance positions the combined entity as a prominent end-to-end platform provider. This synergy empowers clients to effectively identify, anticipate, and manage their critical needs with enhanced precision. Leveraging Kroll's insights will augment Resolver's Risk Intelligence platform, while Resolver's technology will facilitate the seamless deployment of risk-driven solutions to Kroll's extensive global clientele.
In October 2017, Resolver successfully concluded the acquisition of RiskVision Inc, a strategic move aimed at broadening its customer base in pivotal markets and bolstering its presence in the IT Risk and Compliance sectors. RiskVision's suite of capabilities encompasses Threat and Vulnerability Management, IT Risk, Vendor Risk, and Incident Management, seamlessly aligning with Resolver’s existing portfolio. This acquisition reinforces Resolver’s strategic framework of Plan, Prepare, Respond, and Recover, further enhancing its position in the market.
In 2015, Klass Capital acquired Resolver Inc., followed by the merger of PPM 2000 Inc. and its incident management software product with Resolver Inc. in 2016. These strategic moves have significantly expanded Resolver's portfolio and market presence, positioning it as a formidable player in the industry.
Resolver, a Kroll Business Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying Resolver, a Kroll Business applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of Resolver, a Kroll Business and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified Resolver GRC Software, Resolver Incident Management customers.
Resolver, a Kroll Business Overview
111 Peter St, Suite 804
Toronto, ON, M5V 2H1, Canada
1 416-622-2299
https://www.resolver.com/
Ownership: - Klass Capital
Number of Employees: 400
Functional Markets: ITSM, PPM, TRM,
Key Verticals: Automotive, Banking and Financial Services, Communications, Construction, Real Estate, Consumer Packaged Goods, Distribution, Federal Government, State and Local Government, Public Safety, Healthcare, Life Insurance, P&C Insurance, Specialty Insurance, Leisure and Recreation, Hospitality, Life Sciences, Manufacturing, Media, Oil and Gas, Chemicals, Retail, Transportation, Utilities,
Resolver, a Kroll Business Key Enterprise and Cloud Applications
Resolver GRC Software, Resolver Incident Management
Resolver, a Kroll Business Revenues, $M:
| Type/Year | 2022 | 2023 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
| Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
Resolver, a Kroll Business Revenue Breakdown By Type, $M:
Resolver, a Kroll Business Enterprise Applications Revenues By Functional Markets, $M:
Resolver, a Kroll Business Enterprise Applications Revenues By Verticals, $M:
Resolver, a Kroll Business Revenues By Region, $M
| Region | % of Total Revenues | 2023 Total Revenues, $M | 2023 Enterprise Applications Revenues, $M | 2023 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
Resolver, a Kroll Business Direct vs Indirect sales
| Region | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
Resolver, a Kroll Business Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified Resolver, a Kroll Business Customers
No. of Resolver, a Kroll Business Customers: 1000
No. of Resolver, a Kroll Business Enterprise Applications Customers: 1000
No. of Resolver, a Kroll Business Cloud Customers: x
No. of Resolver, a Kroll Business Cloud Subscribers: 1 million
Resolver is a cloud-based solution tailored for mid-size to large enterprises, catering to diverse industries and business requirements. Its user-friendly interface promotes widespread adoption among internal teams, facilitating efficient data sharing across organizations. With over 1,000 global organizations relying on Resolver's security, risk, and compliance software, its tools are utilized by approximately 1,000,000 users daily. Serving a broad spectrum of industries, including healthcare, academia, critical infrastructure, utilities, manufacturing, hospitality, technology, and retail, Resolver's clientele includes prominent names such as Farmers Mutual Hail, Highmark, CML HealthCare, SaskTel, OPTrust, and British Columbia Transmission Corporation, among others.
Resolver, a Kroll Business Market Opportunities, M&A and Geo Expansions
The pandemic underscored the criticality of risk mapping. Given the breadth and diversity of risks in today's business landscape, organizations without enterprise risk management software are compounding their risk exposure. Such software enables organizations to effectively monitor and track threats while assessing their potential business impact. The increasing demand for risk management presents a significant growth opportunity for Resolver, poised to expand its client base substantially.
In October 2017, Resolver acquired RiskVision, enhancing its customer base and market standing in IT Risk and Compliance. In July 2017, Resolver also acquired Global AlertLink, a Charleston-based software firm, bolstering its emergency notification and disaster recovery capabilities.
In June 2017, Resolver's principal investors, including Klass Capital, injected an additional $20M to bolster Resolver's acquisition strategy.
Resolver, a Kroll Business Risks and Challenges
Resolver could consider expanding its installed base through OEM and channel sales initiatives. Additionally, prioritizing vertical differentiation, particularly for its risk management offerings, could enhance adoption rates.
Resolver, a Kroll Business Ecosystem, Partners, Resellers and SI
In March 2023, Resolver established a strategic partnership with LifeRaft to bolster its threat protection capabilities.
Resolver's partners include esteemed firms such as Deloitte, Directors Global, Doxim, Eide Bailly, Energy Group, Grant Thornton, CRSTL Solutions, Meyers Norris Penny, PwC, Risk Innovations, Strateva Partners, TOTVS, LexisNexis, and others. In January 2018, Resolver established a technology partnership with Certent. Certent's solutions complement and align with Resolver's existing applications, particularly those addressing Internal Control Over Financial Reporting (ICFR) and Sarbanes-Oxley (SOX) compliance needs for organizations worldwide.
Resolver maintains offices in key locations worldwide, including Sunnyvale and Charleston in the USA, Toronto and Edmonton in Canada, London in the UK, Hyderabad in India, and Waimakariri in New Zealand.
Resolver's integration with Ascent streamlines the regulatory change process, offering financial institutions a comprehensive compliance solution. This integration provides visibility across the regulatory landscape, ensuring thorough coverage and enabling risk-based prioritization of compliance activities.
Resolver, a Kroll Business Cloud Infrastructure Insights
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- Resolver, a Kroll Business Public Cloud and Infrastructure (IaaS)
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- Resolver, a Kroll Business Private Cloud and Data Centers
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
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