Gear lenders and sellers will come collectively for the Gear Finance Information’ webinar “Tech-driven danger administration: How innovation is reshaping gear finance” on Tuesday, Dec. 9, at 11 a.m. ET.
On this free, 45-minute dialogue moderated by EFN Deputy Editor Johnnie Martinez II, trade leaders will share how linked gear knowledge and predictive insights are creating new alternatives – and new challenges – for the gear finance sector. As automation, connectivity and knowledge analytics redefine the gear finance panorama, danger administration is evolving at unprecedented pace.
The worldwide risk-management know-how market reached about $10.5 billion in 2024 and is projected to climb to $23.7 billion by 2028, in keeping with market analysis agency Imarc Group. In the meantime, know-how governance and compliance signify important components for demonstrating belief and confidence to stakeholders, with 88% of determination makers citing compliance with IT-related legal guidelines and laws, 83% prioritizing cybersecurity packages and safeguards, and 81% emphasizing robust inner controls, in keeping with EY’s 2025 Know-how Threat Pulse Survey launched Oct. 14.
This comes as digital contracting in gear finance rose 7% yr over yr within the third quarter, underscoring rising significance of information visibility and real-time asset monitoring, in keeping with Wolters Kluwer. As well as, roughly 72% of lending establishments used AI in 2024, up from 55% in 2023, in keeping with software program supplier JumpGrowth.
Dialogue subjects for the webinar embrace:
- Telematics and data-driven danger: How real-time machine knowledge is bettering credit score high quality, asset visibility and loss prevention.
- Residual worth and know-how danger: Managing depreciation uncertainty for electrical, autonomous and AI-enabled gear.
- Cyber and compliance resilience: Defending linked fleets and finance portfolios from digital and operational threats.
Gear finance and danger professionals, OEM and captive finance executives and sellers, lenders, and operations leaders throughout the industrial gear trade ought to attend to be taught extra about how know-how is shifting the gear finance trade.
