SELEX Galileo increase investment in leading risk tool, Predict!, by 50 per cent

July 12, 2011 - PRLog -- SELEX Galileo has used Predict! for project management since 2003, and has since increased its use to develop and implement a coherent, organisation-wide risk management and mitigation programme.

With the pressures of ever decreasing defence budgets, SELEX Galileo recognised the business value of an ERM approach. Over the last 18 months, it has established a company-wide ERM system which sets a new standard for risk management across the global defence industry.

Roger Garrini, Audit Manager at SELEX Galileo, commented, “Predict! underlies every aspect of our  ERM strategy, from data management and assessment right though to analysis and reporting. As we drive this strategy to maturity, Predict! will integrate all risk data to provide a comprehensive view of risks faced by the whole organisation. This insightful information will influence high level strategy and business planning on an ongoing basis.”

Fiona Racher, Business Development Director at Risk Decisions, commented, “We have been working with SELEX Galileo for eight years and are delighted to continue building our long term relationship with them. I am confident that with the help of Predict! and our continued support, Selex Galileo will achieve its goal of embedding a robust ERM strategy, that will ultimately increase overall confidence within an increasingly risk aware industry.”

Predict! is an advanced enterprise risk and project management solution. It includes Predict! Risk Controller, a web-based risk database; Predict! Risk Analyser, a risk and uncertainty analysis tool; and Predict! Risk Controller Lite, a Microsoft Excel interface to Predict! Risk Controller.

About Risk Decisions
With 25 years in the industry, Risk Decisions has been built with a passion for risk management by both its management team and employees. It has a well-established reputation for helping major corporations and government organisations worldwide achieve improved business performance through embedding best practice risk management and analysis. Its Predict! software is implemented across the globe with key customers including Femern, Reed, Lend Lease, Mott MacDonald, BNS Nuclear Services, UK Ministry of Defence and Thales.  With a strong foothold in the defence market, the company also boasts six of the top ten defence and aerospace companies on the Forbes 250 global list as its customers.  Its flexibility to adapt to the way users manage risk and opportunities has made Predict! a leader in its field. For more information, visit www.riskdecisions.com.


About SELEX Galileo
SELEX Galileo, a Finmeccanica company, is a leading company in the defence electronics markets. Supplying and supporting equipment in-country around the world, SELEX Galileo is a truly global business. The Company’s 7000-strong international workforce is able to build close relationships with customers across five continents. These relationships also allow the Company to listen to the customer and design availability-based support contracts to their precise requirements, providing the greatest possible value for money.



For further information contact:

Nicola Males/Vidushi Patel
Vanilla PR
T: +44 1932 847322
E: vidushi@vanillapr.co.uk/nicola@vanillapr.co.uk