Catalysing Business Engagement in Early Warning Systems 2025

Page 10 of 21 · WEF_Catalysing_Business_Engagement_in_Early_Warning_Systems_2025.pdf

Vendors: As vendors, businesses supply key technology and infrastructure, playing a crucial role in improving EWS performance. –Risk knowledge: Vendors provide advanced analytics platforms, including tools powered by artificial intelligence (AI) and non-traditional data sources that enhance the ability to collect and process risk data more efficiently than traditional methods. –Monitoring and warning: Vendors offer state- of-the-art tools, such as smart sensors, internet of things (IoT) devices, satellite monitoring systems and non-traditional data to support hazard detection. –Communication and dissemination: Vendors provide scalable communication infrastructures (such as satellite, mobile networks and cloud-based systems) that rapidly disseminate warnings. –Response capability: Vendors develop emergency management tools, automated response systems and disaster simulation platforms that improve coordination and response times during crises. Partners: These businesses collaborate directly with EWS to improve products or services or develop new capabilities. –Risk knowledge: As partners, businesses collaborate with public agencies by sharing data and co-developing tools that enhance collective risk knowledge. –Monitoring and warning: Businesses contribute through partnerships by developing and improving monitoring and forecasting systems. –Communication and dissemination: Partners help scale warning systems, providing infrastructure and platforms for the broader distribution of critical alerts. –Response capability: Businesses partnering with public agencies can enhance real- time threat management and strengthen response plans. Innovators: These businesses push the boundaries of the traditional landscape of the EWS value chain. They expand the impact of EWS capabilities by broadening their reach, often focusing on novel approaches. –Risk knowledge: Innovators create cutting- edge tools, like AI-driven models and predictive analytics, that offer faster and more accurate risk assessment. –Monitoring and warning: Businesses lead innovation in forecasting by developing real-time monitoring tools, smart sensors and advanced IoT-based systems, potentially aimed at areas where such monitoring has not previously been feasible. –Communication and dissemination: Innovators develop multi-channel platforms for personalized alerts, integrating user-generated data for greater accuracy. –Response capability: Innovators further advance automating response systems, virtual disaster simulations and platforms that enable better coordination and analysis during emergencies. Vendors offer state-of-the-art tools, such as smart sensors, internet of things (IoT) devices, satellite monitoring systems and non- traditional data to support hazard detection. 10 Catalysing Business Engagement in Early Warning Systems
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