Beawre pitch
•Download as PPTX, PDF•
0 likes•39 views
This document discusses the challenges of managing risks in complex, dynamic projects and systems. It introduces Beawre, a company that provides AI-driven risk management tools to help customers continuously monitor risks in real-time across their organizations and complex projects. Beawre's tools simplify complexity, enhance awareness of risks, and enable continuous learning to control risks. The document outlines Beawre's approach, team experience, and vision to disrupt risk management technology through near real-time continuous risk control powered by AI.
More Related Content
What's hot
What's hot (20)
Similar to Beawre pitch
Similar to Beawre pitch (20)
Recently uploaded
Recently uploaded (20)
Beawre pitch
- 1. Transforming Risks into Opportunities Victor Muntés-Mulero, CEO Tirant Lo Blanc 35, Sant Feliu de Llobregat, Barcelona, Spain victor.muntes@beawre.com +34 647 471 814
- 2. Continuous Risk Control is critical to prevent unwanted incidents July 24th 2013 is the date for the worse railway accident in Spain since 1944 Nuclear fusion at ITER project Self-driven smart vehicles Do you know what all these pictures have in common?
- 3. July 24th 2013 is the date for the worse railway accident in Spain since 1944. It could have been prevented with better risk control.
- 4. Berlin Brandenburg Airport Original Opening Date: Oct 30th 2011. Original cost: €2.83 billion Last opening date announcement: Oct 31st 2020. Current cost estimation: > €7 billion
- 5. ITER nuclear fusion project • Originally foreseen to switch on in 2016 and cost around 5bn euros • Current start-up date pushed back to 2025. Cost around 20bn euros.
- 6. TellU: eHeath through IoT: requirements for risk management: • No tools in the market for continuous risk management • No risk management tools connected to DevOps tools • Need to embed privacy into the picture (GDPR) • Report for ISO 27001
- 7. Systems and processes complexity grows, human control is the new risk
- 8. Gap between legal and technical requirements
- 9. There are no tools to effectively monitor mitigation efficiency
- 10. Risk management is multi-stakeholder and assets need to be understood in context
- 11. Industry is more agile and dynamic. Assessing risk at design time only is obsolete. Continuously monitoring risk evolution is the challenge…
- 12. Managing risks in complex projects goes beyond human capacity Beyond human skills COMPLEX Decision- making is hard DYNAMIC URGENT Heterogeneous data by contract
- 13. Beawre helps your teams be smarter at managing risks, collaboratively and in real time Simplify complexity by automating risk surveillance using AI SIMPLIFY Enhance awareness leveraging data from third-party tools ENABLE Control risks continuously in real time LEARN
- 14. Disrupting risk control technology... AI-driven Time-stamped event sequence matching and explainable ML algorithms Continuous Near real-time continuous risk control on evolving business processes Actionable Knowledge bases to support engineers being compliant with legal obligations Awarded two H2020 research projects (~0.5M €) by the European Commission as leading experts on risk management.
- 15. Customer Engineer / Client Subcontractors Risk Control SaaS SaaS-based business model TRUSTED BY
- 16. We enable your company to execute complex projects that may be too risky otherwise Protect your customers and your organization through early evidence-based detection of security and privacy issues Prioritize work based on risk level, focus on relevant tasks Avoid delays Predict and control business processes performance Avoid, monitor and predict unwanted incidents: law suits, delays, contract violations, quality issues, ... Reduce impact produced by incidents in your system Protect your budget Optimize and reduce your software development process Prove strict compliance with continuous risk management requirements (ISO 27001, GDPR, etc) Facilitate auditing through automatic reports Prove compliance
- 17. Challenges
- 18. System complexity increases Architectures, DFDs, BPMN, etc Automation becomes more relevant Model-driven approches may facilitate risk control
- 19. Multiple ways to describe your system/process Define evolving risks over business processes Automated vulnerability detection for security and privacy threats
- 20. Systems are not static, but highly dynamic Evidence-based risk assessment (both to monitor mitigation implementation and effectiveness) DevOps-oriented AI-driven prediction
- 21. DevOps Risk Control C O D E BUILD TEST RELEASE & DEPLOY O P E R A T E Continuous Risk Management (business and non-functional risks)
- 22. Trustworthiness is a multidimensional concept Security, Privacy, Safety present contradictory requirements too often
- 24. Gap between legal and technical requirements GDPR as an example
- 25. Privacy and GDPR GDPR discusses data protection by design and by default Technologies are not consolidated yet and mixing legal requirements with a deep technical understanding is challenging GDPR introduces a risk- based approach An organization may fail to comply with GDPR even if no breach happens, since they must have taken protective measures beforehand
- 26. Risk management involves a growing number of stakeholders Kanban approach Risk management in supply chains Federated risk management
- 27. S1: TSIS Assets Definition (e.g. DFD, Architecture, etc) S2: Threats Identification S3: Risks Assessment (includes risk analysis and evaluation) S4: Definition of Treatments S5: Residual Risk Assessment S6: Treatment Implementation Control A P R A R P A V R A V R P A O V P O Risk Management Owner P Product Owner A Architect V Developer R Risk Analist (QA dept, CSO, Security Expert)
- 28. Victor Muntés-Mulero, CEO victor.muntes@beawre.com +34 647 471 814 @BeawreRisk
- 29. TEAM 38 patents (19 granted & 19 pending) (10+ using AI) PATENTS 21 years of combined experience in risk management EXPERIENCE 20+ years of experience managing people to execute IT projects LEADERSHIP Experience supporting an Accelerator for Lean Start Ups (20+) ACCELERATOR
- 30. TEAM TEAM Elena • PhD Computer Science (Large Data Management) • Track record with technology companies & start-ups • VP of Research at CA Technologies (2011-2019) • 70+ scientific publications, 1 book, 5 book chapters • Technologist with experience in architecting, supporting and running critical systems and applications • 15+ years of experience in information technology Daniel Ramon Victor CEO & Co-founder Jacek CTO & Co-founder Software Engineer Senior Operations Consultant Project Manager
Editor's Notes
- Every single project in any industry is subject to risks. We want to become the best at transforming risks into opportunities.
- Originally planned to open in October 2011, the airport has encountered a series of delays and cost overruns. These were due to poor construction planning, execution, management, as well as corruption. In particular, planning, design and execution issues were commonplace. Inspectors uncovered many examples of poor workmanship due to a lack of proper supervision and documentation.
- ITER is probably the most ambitious energy project in the world today. ITER aims at harnessing the nuclear reaction that powers the Sun and the stars, fusion, a potential source of safe, non-carbon emitting and virtually limitless energy. ITER builds the largest and most powerful fusion device in the world and the first to create net energy. ITER construction is underway now. In the years ahead, over 4,000 workers will be required for on-site building, assembly and installation activities. Planning is a nightmare. They have huge project Schedules, with thousands and thousands of tasks. Most tasks depend on documents. If the documents are not ready, tasks are delayed. The number of document goes over 100000 per year. Every time a single task in the doc Schedule changes the level of risk for each document changes... And they are managing this manually. In this case, it is not poor management skills. The problem is simply too complex and requires superhuman skills. Maybe you are wondering why we know these details. The answer is simple: the largest construction companyies building the main building that will contain the fusion reactor decided to trust Beawre to control risks related to their documentation.
- STORY-BASED: From https://medium.com/nplan/4-opportunities-for-ai-to-improve-capital-projects-and-construction-93e3ed3c4fea: 1. Projects are executed based on the collective brainpower of the project team and a handful of consultants. There isn’t a way to rapidly and seamlessly transfer knowledge within an organisation and as a result, repeated mistakes occur which costs the industry dearly. These costs often manifest themselves as liquidated damages and claims. 2. Project estimating and scheduling is often considered an art and not a quantitative science. These art pieces contain flaws in either logic or quantity and as a result, get disregarded much sooner than you’d want. 3. Risk is often allocated subjectively to schedules and estimates, which leads to inflated waste. Subjective risk often holds a large range, which means that specific items or targets are shrouded in uncertainty and are undermined because of a low credibility. If the project team doesn’t believe they have a realistic plan, it gets dismissed and overruns become increasingly likely. 4. Projects are all different and complex. The existing frameworks to manage size and complexity disconnects management from the work face, by creating layers. At each layer, information is filtered before proceeding upwards, which creates disputable awareness of how a project is actually doing. When things go off plan, two things happen, the first is that it takes forever (~30 days) before the management team learns about the deviation and the second is once discovered, they won’t know how best to react to ensure schedule/cost outcomes are maintained for the overall project. The tendency is to fight the fire, which inevitably allows 2nd or 3rd order critical path items to creep and bite back, resulting in a larger fire. Subcontractors may be late: They may not have the right resources They may not have the right expertise Client also have contractual obligations to review your documents in time: If they take extra time to review, your construction tasks may be delayed Pool of information is not easily accessible: Lack of interoperability among tools No mechanisms to continuously monitor risks Many processes handled manually or through non-shared spreadsheets COMPLEX: Risk assessment based on subjective estimations DYNAMIC: - Contractual obligations difficult to monitor URGENT: - Excel! - Lack of interoperability among tools
- Makes the team smarter and enables to manage Large Capital Project that would be too risky without the use of tools like Beawre’s.
- Group tools or more contribution
- (Explain the current status of your product, what the near future looks like, and how you’ll use the money you’re trying to raise. Share the details of your positive momentum and traction. Then use this slide to close with a bias toward action.)
- Management: Victor (10), Jacek (7), Ramon (8), Elena ()
- Ramon: de manager vaig estar 3 a planta i 8 com a consultor amb gent a càrrec. Des del 2014 sóc consultor sense gent a càrrec però treballant amb equips o i, des del 2017, com a freelance. Com a resum, jo diria 21 anys d'experiència amb 6 anys a l'operació, i 8 de mànager. Amb risc podríem dir que són 7 anys com a consultor de risc, de procés, de preparació operacional i de gestió d'actius, però no només fent feina en aquest àmbit.