Quadrant Knowledge Solutions announces the addition of the “Market Outlook: Governance, Risk, and Compliance (GRC) Platform, 2018-2023, Worldwide” report to their strategic market outlook offerings. Governance, Risk, and Compliance (GRC) software enables organisations to integrate and manage processes and data for effectively meeting company objectives related to governance, risks, and compliance management.
Traditionally, most of the organisations are using multiple standalone GRC tools, such as Enterprise GRC, IT GRC, risk management, compliance management, and policy management, to cater to their different department needs. However, GRC market landscape is changing with users increasingly looking at integrated solution with single framework to monitor and manage risks, reduce costs, and minimise complexities. All major GRC platform vendor provide key functionalities, including compliance management, risk management, audit management, information security, incident management, and reporting & visualisation in a single integrated GRC solution for a wide-range of industry applications and regulatory requirements.
Quadrant Knowledge Solutions GRC Market Outlook research provides strategic information to the market participants and users which are responsible for strategic planning, marketing, sales, and purchasing GRC solutions. This research provides strategic information for technology vendors to better understand the market supporting their growth strategies and for users to evaluate different vendor capabilities, competitive differentiation, and their market position.
SPARKTM Matrix: Quadrant Knowledge Solutions’ SPARK Matrix (Strategic Performance Assessment and Ranking) provides a visual representation and strategic insights on how each vendor ranks against their competitors, with respect to various performance parameters based on the category of technology excellence and customer impact. In Quadrant’s evaluation of global GRC platform market, we have analysed the offerings of leading vendors with integrated GRC solution, including Enablon, IBM, LockPath, LogicManager, MetricStream, Nasdaq BWise, Navex Global, Resolver, RSA Archer, Rsam, SAI Global, SAP, ServiceNow, and Thomson Reuters.
DataSheet: This research is also available as an Excel Workbook with extended market forecast analysis for 10 years to understand long-term trends of the overall market and its segments.
Keywords: GRC Software, GRC Platform, Integrated Risk Management, Compliance Management, Audit Management, Information Security, Enterprise GRC Market, IT GRC, Market Research, Market Size, Competitive Analysis, Market Forecast, Market Size, Technology Trends
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