MEO is a platform that quantifies operational risks and facilitates the development of business continuity plans through a user-friendly interface and a proprietary algorithm. This enables organizations to identify vulnerabilities and create targeted strategies to minimize downtime during adverse events.
Funding
Funding not disclosed
Founders
Product
Problem
Many organizations struggle to effectively map and quantify operational exposures, hindering their ability to develop robust business continuity plans (BCPs). This lack of clarity makes it difficult to minimize downtime and maintain business operations during adverse events. Traditional methods often rely on static spreadsheets and manual processes, which are time-consuming and difficult to keep updated.
Solution
MEO Continuity provides a SaaS platform designed to streamline and simplify the development of Business Impact Analyses (BIAs) and Business Continuity Plans (BCPs). The platform employs a proprietary algorithm to help companies clearly identify and quantify their risks, leading to targeted BCPs that protect their business. MEO's Risk Hub offers a clear view of a company's quantified bottlenecks and exposures, enabling users to monitor the status of business continuity plans and identify when updates are needed. By mapping critical locations, suppliers, IT applications, and functions, MEO supports comprehensive risk management and provides a quantified view of how value chains support revenue.
Target Audience
MEO Continuity primarily targets risk management professionals, business continuity planners, and C-suite executives seeking to improve their organization's resilience and minimize financial losses from disruptions.
Features
- Risk Hub for comprehensive exposure and readiness reporting
- Algorithms to map critical locations, suppliers, IT applications, and functions
- Business Impact Analyses (BIAs) and Business Continuity Plans (BCPs) digitization
- Revenue exposure quantification
- Mitigation measure quantification
- Business Income (BI) value framework
- Dependency and exposure engine for BI value allocation