Overview
ReadiNow is a privately held software development company headquartered in Sydney, New South Wales, Australia. The company specializes in delivering a comprehensive No-code Platform-as-a-Service (PaaS), focusing on Governance, Risk, and Compliance (GRC), Cybersecurity, and Environmental, Social, and Governance (ESG) solutions. ReadiNow's platform empowers organizations to digitize and streamline their processes, enhancing business performance through a zero-code approach. This innovative solution allows organizations to create custom applications without extensive programming expertise, thereby promoting digital transformation and operational resilience.
Founding and Leadership
Founded in 2011 by Sandra Farrow and Jude Jacobs, ReadiNow is currently led by Warwick Kirby as CEO, who succeeded Jude Jacobs. Warwick Kirby's extensive experience in leading tech-driven organizations positions him to drive new growth and innovation at ReadiNow. The leadership team also includes Michael Evans (Chief Revenue Officer) and Maya Rashed (Chief Marketing Officer), both of whom bring a wealth of industry experience to the company.
Products and Services
ReadiNow offers a versatile suite of modules designed to meet various business requirements, including:
- Business Continuity Management
- Corporate Compliance
- Enterprise Risk Management
- Audit and Vendor Management
- Workplace Health and Safety (WHS)
- IT Disaster Recovery
These solutions serve diverse industries such as banking, financial services, government, retail, and manufacturing on a global scale.
Recognition and Achievements
ReadiNow has received recognition as a leader in innovation in its field, boasting several accolades, such as:
- BCI Innovation of the Year Award
- GRC 20/20 Value Awards
- ISO27001 Accreditation
- APAC BCI 2024 Award for CPS 230 Management & Innovation in Business Resilience for supporting APRA-regulated entities.
Corporate Activities and Expansion
ReadiNow is actively involved as a PLATINUM SPONSOR for leading industry events, including the Risk Leader Tour with the Risk Management Institute of Australasia. The company engages in thought leadership and education through webinars addressing the impact of emerging technologies like AI and blockchain on operational risk management.
Industry Role and Specialties
Operating within the fields of:
- Software Development
- Cloud Solutions
- Custom Application Development
- Service Management
ReadiNow has established itself as a transformative player in digital business solutions, thanks to its commitment to no-code innovation. This positions ReadiNow as a pivotal entity enabling companies to adapt swiftly to the rapidly evolving technological landscape, enhancing agility and compliance capabilities.
Overview of ReadiNow Competitors
ReadiNow operates within the dynamic Governance, Risk, and Compliance (GRC) software sector alongside several competitive products.
Key Competitors
1. Resolver
- Profile: As a part of Kroll Business, Resolver specializes in risk intelligence with a platform that transforms risk management into a strategic partner for businesses. It covers over $6.5 trillion in market cap for more than 1,000 global companies.
- Strengths: Combines AI with human expertise to enhance enterprise risk management, compliance, and security, offering actionable risk insights.
2. Onspring
- Profile: Offers a no-code platform for GRC, audit management, and vendor management, distinguished by its ease of use and business process automation.
- Unique Selling Point: Onspring's no-code configuration allows swift business adaptation, reducing reliance on IT for customization. It boasts a 99.99% uptime and a 99.8% annual customer renewal rate, indicating high customer satisfaction.
3. LogicGate
- Profile: The Risk Cloud platform simplifies enterprise-wide risk management with a no-code app builder.
- Market Position: Empowers clients to adjust workflows independently, enhancing agility in risk management through the integration of risk, technology, and personnel.
4. Predict360 by 360Factors
- Profile: Utilizes artificial intelligence to improve risk management and compliance for financial services, using advanced analytics tools to provide a comprehensive view of risks.
- Endorsements: Recognized by the American Bankers Association for its capability in aligning risk management with enterprise goals, ensuring compliance and operational resilience.
5. Camms
- Profile: Now part of Riskonnect, Camms offers GRC software focusing on risk management, compliance, and strategic alignment, with strong capabilities in healthcare and education sectors.
- Approach: Known for collaboration and innovation, aiding organizations worldwide in risk alignment and decision-making.
The competitive landscape is robust, with each competitor showcasing distinct strengths in areas such as AI-driven insights, platform flexibility, or industry specialization.
