June 12, 2020
EU-VRi is proud to announce the publication of the its article “Assessing resilience of healthcare infrastructure exposed to COVID-19: emerging risks, resilience indicators, interdependencies and international standards" in the Springer edition “Environment Systems and Decisions". This article has been prepared in close collaboration with several EU-VRi partners, namely Steinbeis R-Tech, MUW, SWICA, SINTEF, DRK and BJAST. more
June 3, 2020
Invitation to supply an expertise service for benchmarking and labelling of industrial clusters - Expert(s) Recruitment for Clusters Benchmarking and labelling. more
June 2, 2020
ENCIRCLE launched the "2020 CBRN Stakeholder survey" covering CBRN specific areas and also general questions concerning standards and procurement so are applicable to not just the CBRN community, an additional area included is hybrid-threats. more
April 13, 2020
The H2020 project is now completed, with a concrete proposal for the creation of a self-sustainable European-wide virtual Centre for risk management and safe innovation in nanomaterials and nanotechnology. more
April 13, 2020

The SmartResilience H2020 project, coordinated by EU-VRi, has finished and its main results are released.

more
April 13, 2020
EU-VRi is glad to announce that the AssureMoss H2020 project has been selected for funding and is expected to start by the end of 2020. more
March 1, 2020
The Extratex project, coordinated by NTT, has been launched in March 2020. more
February 14, 2019

Steinbeis R-Tech and EU-VRi passed the ISO 9001 audit based on the 2015 revised version of the standard which is focusing on risk thinking and strategic planning.

more
 

European Virtual Institute for Integrated Risk Management, the European organization which provides the highest quality of professional service, consulting, information and education needed in the broad area of modern integrated risk management and management of emerging risks. EU-VRi covers, but is not limited, to the areas of oil and gas industry, e-health, biomedical industry, corporate social responsibility, environmental risk management, business risks, transport risks, logistics. EU-VRi is organized as an EEIG.

What is an EEIG?

The purpose of a European Economic Interest Grouping is to facilitate or develop the economic activities of its members by a pooling of resources, activities or skills. This will produce better results than the members acting alone. It is not intended that the grouping should make profits for itself. If it does make any profits, they will be apportioned among the members and taxed accordingly. Its activities must be related to the economic activities of its members, but cannot replace them. An EEIG must have at least two members from different Member States. An EEIG does not necessarily have to be formed with capital. Members are free to use alternative means of financing.

Who can join the EU-VRi?

An EEIG can be formed by companies, firms and other legal entities governed by public or private law which have been formed in accordance with the law of a Member State and which have their registered office in the Community. It can also be formed by individuals carrying on an industrial, commercial, craft or agricultural activity or providing professional or other services in the Communit.

What are the main objectives and planned activities of the EU-VRi EEIG?

Provide services on a commercial basis to industry, research community and/or public authorities Connect individual industrial companies or networks of companies to the most appropriate research facility – in effect acting as a research broker Establish and document the state of the art in the particular field of expertise of the virtual institute. Identify research and development needs and gaps in the particular field of expertise. Act as an information centre for research results and developments. Facilitate mobility of researchers between institutes within the Virtual Institute and industry. Act as a tool to create consortia to address the R&D needs and gaps identified in above and support research collaboration.

What are the main benefits to be a member of EU-VRi EEIG?

To provide better business opportunities through integrating the available human and other resources concerning integrated risk management at European level To ensure better chances for EU funded projects through representing the economic interest of the related industries by a strong grouping at EU level To provide better opportunities for the group members to affect EU policy.


 

 

RiskRadar developed by Steinbeis R-Tech and EU-VRi has been applied to COVID-19 news

One way of capturing early warnings about an emerging risk is to analyze the information contained in the web. Such a tool, named RiskRadar developed by Steinbeis R-Tech and EU-VRi has been applied to COVID-19 news. The COVID-19 related risk identified by the tool are aggregated, classified and visualized for the stakeholders by the tool.

Thus, the tool enables stakeholders to discuss early on, what the intended and unintended effects of the developments may be. The tool utilizes a purely content-based methodology to rank a set of publicly available documents (news articles, blog posts, abstracts from scientific journals etc.) according to their potential to generate risks/impact. The tool considers the textual data over a period of time for a given topic, uses this information to perform data analytics to rank the relevance or importance of the documents and related keywords based on document centrality. Centrality is a simple indicator for gauging the impact of the document that captures the frequency of the terms, but also how these terms are related to each other.

The tool yields the Radar and a Network map. The former includes a list of risks-related keywords on a radar-like widget, along with the list of sources used for extracting and ranking these keywords. The position of the keywords (shown in yellow dots) on the radar indicates its importance where the closer to the centre the term is, the more “relevant” a keyword is in documents related to the COVID-19 coronavirus analysis. The Network map includes a short description of the topic (shown in green circle) connected to the most common keywords (shown in blue circles) and the articles (in colors of red, orange and yellow). The color and size of the collected articles are designated based on their relevance; the larger circle has the highest applicability to the topic.

By looking at different sources (e.g. “science, “media” and/or “public”) the system identifies the topics of interests in the information parsed and assigns them the respective risk scores according to the criteria set (e.g. sentiment, credibility of source, context, etc.). The early warning is identified on the basis of the relation of the terms in search, not on simple “word bagging”. The tool allows user to drill-down to the initial source of information and obtain the background information (e.g. the full-text report).


 
x
We use cookies to improve your experience on our website. If you continue using our website, we will assume that you are happy to receive all cookies on this website. Read more Continue