IRIS Intelligence logo

IRIS Intelligence

by IRIS Intelligence
No reviews yet
ActiveCloudOn-premise
Quick facts
VendorIRIS Intelligence
Year launchedN/A
StatusActive
LocationN/A
Countries servedN/A
Languages1
Integrations3+
Free tierNO
Free trialNO
Contact salesYES

About IRIS Intelligence

A web-based risk management software for enterprises and projects. It helps organizations identify, assess, and mitigate risks by embedding best practices from standards like ISO 31000.

IRIS Intelligence is a strategic and enterprise risk management software designed to help organizations embed best-practice risk management processes into their operations. The platform supports standards such as ISO 31000 and PMBoK. Key capabilities include adaptable risk assessment, quantitative analysis, ROI calculations for mitigation efforts, and a secure audit trail. The software is web-based and offers flexible deployment options, including on-premise hosting and a SaaS model. It aims to improve decision-making through automated reporting, dynamic risk matrices, and email alerts. The system is designed for a range of users, from risk management novices to experts, across industries like Aerospace, Defence, Government, and Energy. Pricing is not publicly available and requires a demo request. Support is provided via a helpdesk, but no live chat options are mentioned.

Pros & Cons

Pros
  • Embeds best practices from recognized standards like ISO 31000 and PMBoK.
  • Offers flexible deployment options, including on-premise and SaaS hosting.
  • Provides robust reporting features, including dynamic risk matrices and burndown charts.
  • Highly customizable with options for user-defined data fields and report templates.
  • Supports both named user and concurrent licensing models for cost flexibility.
Cons
  • Pricing information is not publicly available and requires requesting a demo.
  • No specific third-party software integrations are listed, only generic system types.
  • The website does not offer a free trial or a free tier for evaluation.
  • No live chat or public community forum is available for support.

Features

Key features

Adaptable Risk Assessment

Provides flexible criteria to ensure consistency of assessment within each risk register.

Quantitative Statistical Analysis

Quantifies risk exposure using robust statistical techniques for more accurate evaluation.

Return on Investment Calculations

Prioritizes mitigation activities based on the most 'bang for your buck' to maximize budget impact.

Automated Email Reminders

Keeps data current with automated email reminders to risk owners when actions are due and flags any slippage.

Secure Audit Trail

Provides a full history of changes for internal and external audit assurance, replacing spreadsheet-based change control.

Dynamic Reporting

Generates dynamic risk matrices, waterfall/burndown charts, and allows integration with Excel and PowerPoint for reporting.

Customizable Data Fields

Allows users to edit and add new data fields as organizational requirements change or expand.

Additional features

Risk Identification Support

Includes checklists and brainstorming prompts to aid in identifying potential risks.

Mitigation Plan Timelines

Generates Gantt chart views for mitigation plans to monitor progress and prevent slippage.

User-Specific Access Control

Allows for setting specific access restrictions for each user to view or amend risks for their own project or department.

Flexible Hosting Options

Can be hosted in-house on a Windows Server with SQL Server, or as a SaaS solution hosted by IRIS.

Multiple License Models

Offers both named user and concurrent license models to provide a cost-effective solution.

Legacy Data Import

Supports uploading legacy risk data from other systems to streamline transition.

Custom Report Templates

Users can create their own report templates by changing the slide master and uploading it to the system.

Pricing

Free trial
Free version
Request a quote
Promo Offer

Countries & Languages

—
Countries served
1
Interface languages
—
Billing currencies

Interface languages

English

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