Quadrant Knowledge Solutions’ Governance, Risk, and Compliance (GRC) Platform’s market research include a detailed analysis of the global market regarding emerging technology trends, market trends, and future market outlook. The study provides a comprehensive analysis of the global market and the overall market adoption as well. This research provides strategic information for technology vendors to better understand the existing market, supporting their growth strategies; and for users to evaluate different vendors’ capabilities, competitive differentiation, and market position.
The research includes detailed competition analysis and vendor evaluation with the proprietary SPARK Matrix analysis. SPARK Matrix includes ranking and positioning of leading GRC solution vendors, with a global impact. The SPARK Matrix includes an analysis of vendors, including Allgress, AuditBoard, Camms, CURA Software, Diligent, IBM, Ideagen, LogicGate, LogicManager, MEGA International, MetricStream, Mitratech, NAVEX, OneTrust, Reciprocity, Resolver, Riskonnect, RSA, SAI360, SecurEnds. ServiceNow, Sword GRC, and Workiva.
GRC software enables organizations to integrate and manage processes and data for effectively meeting company objectives related to governance, risks, and compliance management. Traditionally, most organizations use multiple GRC tools, such as enterprise GRC, IT GRC, risk management, compliance management, and policy management, to cater to their different department needs. However, the GRC market landscape is changing, with users increasingly looking at integrated solutions in a single framework to monitor and manage risks, reduce costs, and minimize complexities.
According to Pradnya Gugale, Analyst at Quadrant Knowledge Solutions, “Modern GRC solutions are backed by technologies like AI, ML, RPA that help in offering a robust, flexible, and scalable architecture thereby enabling customers to quickly implement solutions based on their unique needs and business requirements. Moreover, integrated GRC platforms benefit organizations with improved transparency, corporate accountability, comprehensive risk visibility, and improved financial and operational efficiencies.”
2022 Governance, Risk and Compliance (GRC) SPARK Matrix
Source: Quadrant Knowledge Solutions
Table of Contents
Market Dynamics and Overview
Factors Influencing Technology Development and Market Growth
Competition Landscape and Analysis
- Competitive Overview and Analysis
- Key Competitive Factors and Technology Differentiators
SPARK Matrix™: GRC Platforms
AML solution research is a part of Quadrant’s Security & Risk Management practice.
Custom Research Service
Our custom research service is designed to meet the client’s specific requirements by providing a customized in-depth analysis of the technology market to meet your strategic needs. Further, our custom research and consulting services deliverable is uniquely effective, powerful, innovative, and realistic for helping companies successfully address business challenges. Our team of experienced consultants can help you in achieving short-term and long-term business goals in the following ways:
- Detailed understanding of the industry structure, market participants, and value chain mapping
- Business potential and opportunities of target markets, economies, and industries
- Strategic planning and tactical opportunities
- Go to market strategies