Can quantitative risk analysis truly convert vague anxieties into actionable insights? In a world where 73% of corporate losses stem from unanticipated risks (World Economic Forum, 2024), decision-makers are increasingly turning to data-driven methodologies. But how does this approach differ from traditional risk management?
With global lithium-ion battery production projected to reach 4.7 TWh by 2030, operators face mounting pressure to address safety gaps. Did you know that 63% of battery fires originate from thermal runaway incidents that proper risk assessments could prevent? The stakes have never been higher as governments implement stricter regulations – the EU's new Battery Passport system mandates comprehensive risk documentation starting February 2025.
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