Risk Intelligence announces the launch of the new product LandRisk Logistics
Risk Intelligence A/S (“Risk Intelligence” or "the Company") announces today that the development of a new product LandRisk Logistics, which is a purpose made version of LandRisk, has been completed. LandRisk Logistics has been developed with Sony Europe B.V. to address the specific needs of cargo owners and logistics companies facing the ever-growing cargo theft issues across Europe.
LandRisk Logistics is a 360-degree solution for logistics security and includes the Lane Threat Assessment Tool with security threat overview of individually selected transport lanes as well as for alternative routes. It provides automated updates and dashboards of selected lanes and parking areas. It is the result of the development announced 22 December 2020 and provides intelligence analysis and assessments to plan, assess and execute cargo logistics operations. LandRisk Logistics is a complementary product to the already existing LandRisk.
The addressable market is currently estimated to be valued at DKK Bn2 up to DKK Bn 4. LandRisk Logistics, the new purpose made version of LandRisk, is currently the only comprehensive security intelligence system available to cargo- and logistics operators in Europe.
Hans Tino Hansen, CEO of Risk Intelligence, says:
“We’re really excited about the completion of LandRisk Logistics, we embraced the opportunity to work with Sony and has refined and improved the new product with Sony during the last six months. With LandRisk Logistics we now have a solution that offers planning, flexibility and situational awareness to logisticians, supply chain managers and cargo owners down to the individual cargo lane and parking area. The launch of LandRisk Logistics also means that we now have two specific LandRisk products in our portfolio. LandRisk Logistics is specifically tailored for logistics companies, freight forwarders and cargo owners, and the refined LandRisk which is optimised for other clients such as insurance companies and government agencies. focusing on similar land-based security threats. LandRisk Logistics has already had a positive impact on our growing pipeline for the land-based business during the development and test phase. We are looking forward to the signing of new clients during the second half of the year.
Finally, I am very satisfied with the development team that have managed to deliver this project alongside the daily business on time, to the agreed quality and within budget.
The Risk Intelligence System
The Risk Intelligence System is a proven digital security intelligence solution developed in close collaboration with global businesses that are established within the fields of shipping, offshore, energy, manufacturing, and logistics. The digital solution is designed based on insights directly from clients and their needs as well as Risk Intelligence’s experienced security risk analysts and developers’ knowledge of intelligence and assessment needs.
The Risk Intelligence System offers clients a complete picture of immediate, short- and medium-term security risks for coastal areas, ocean, port, and landside threats. The analysis is focused on insurgency, piracy, organised crime, activism, terrorism, military conflicts, and any interplay between these. Risk Intelligence identifies where serious events arise and presents an assessment of how great the threat is in each area, while at the same time providing 24/7/365 situational awareness with incident reports and alerts. This enables companies to evaluate both current and future security risks in real time and to minimise risks across their operations.
LandRisk Logistics
As part of the Risk Intelligence System, LandRisk Logistics has been specifically designed for cargo owners and logistics companies producing and transporting goods throughout Europe. LandRisk Logistics will assist the client in reducing risk to personnel, cargo and assets, while at the same time saving the client valuable time to focus on their core business. It visualises and interprets security threats specific to the client’s selected lanes, while simultaneously providing oversight on multiple logistics lanes. Finally, it supports the client in being compliant to international standards and industry best practice such as ISO 28000, TAPA TSR and similar.
For more information on services and the System:
Please watch our corporate video: Knowing Risk
For further information about Risk Intelligence, please contact:
Hans Tino Hansen, CEO
Jens Krøis, CFO
Jim Pascoe, CCO
Telephone: +45 7026 6230
E-mail: investor@riskintelligence.eu
Website and social media:
Website: investor.riskintelligence.eu
Twitter: twitter.com/riskstaff
LinkedIn: linkedin.com/company/risk-intelligence
Facebook: facebook.com/riskstaff
Risk Intelligence A/S was founded in 2001 by Hans Tino Hansen. The company has evolved to become a prominent company in security risk management by delivering threat and risk assessments worldwide. Risk Intelligence operates and assists customers and partners from headquarters located north of Copenhagen, the office in Singapore as well as through representatives in Europe, Asia and North America. The business model is designed with international scalability in mind and the company is globally regarded as an expert in its field. Risk Intelligence’s core product is the ‘Risk Intelligence System (MaRisk + PortRisk + LandRisk)’, a digital solution that allows clients to monitor global security risks and enables them to plan and implement missions in risk areas. Risk Intelligence is listed on the Spotlight Stock market [RISK].