MetricStream Positioned in the Champion's Zone of Info-Tech Research Group's eGRC Vendor Landscape
Info-Tech Research Group's selection based on market share, mind share, and platform coverage
PALO ALTO, Calif., Aug. 8, 2013 /PRNewswire/ -- MetricStream, a leading provider of Governance, Risk, and Compliance (GRC) Solutions has been positioned as a Champion in Info-Tech Research Group's June 2013 Vendor Landscape report for Enterprise GRC (eGRC) solutions. MetricStream was one of seven vendors evaluated and included in the report.
"We are delighted to be positioned in the Champions zone by Info-Tech Research Group," said Vidya Phalke, CTO at MetricStream. He continued, "This recognition validates MetricStream's success in helping companies around the world thrive on risk, and strengthen compliance with internal and regulatory mandates through an integrated enterprise-wide GRC approach. The increasing breadth, depth, and flexibility of MetricStream GRC solutions, as well as our innovative new capabilities for big data, mobility, social media, and risk analytics represent our commitment to offer our customers the solutions needed to manage their end-to-end GRC requirements."
According to the Info-Tech report, "With Big Data on the horizon and increasing cloud uptake, eGRC solutions will become more prevalent to help ensure compliance of corporate data with regulatory and internal standards. Organizations will have to scale up their GRC processes to keep up with growing data feeds and scale out to ensure vendors are also compliant with regulatory controls."
MetricStream has helped the world's largest and most reputed organizations transition from existing fragmented GRC processes and systems to a centralized framework that spans the enterprise, transcending departmental silos, and unifying the entire gamut of their GRC initiatives. MetricStream solutions are widely used for risk and compliance management, internal audits, incident management, supplier governance, policy management, IT GRC, Business Continuity Management (BCM), threat management, and more.
The solutions blend cutting-edge technological functionalities with content such as regulatory feeds, industry standards, and compliance frameworks to help customers drive optimal value from their GRC programs. They also provide rich analytics and reporting tools that deliver real-time, top-level visibility into risks and compliance, encouraging data driven decision-making amongst senior executives and the board of directors.
According to the Info-Tech report, "MetricStream has one of the most in-depth risk management features and is accompanied by a deep list of module offerings." The report continues, "Mid to large-sized organizations looking for strong risk and compliance management software should definitely consider MetricStream. If risk management is a priority, MetricStream is one of the strongest performers."
Info-Tech Research Group is a global leader in providing IT research and advice. To prepare its eGRC vendor landscape report, the organization focused on those vendors that offer broad capabilities across multiple platforms, and have a strong market presence and/or reputational presence among mid and large-sized enterprises.
About Info-Tech Research Group
With a paid membership of over 30,000 members worldwide, Info-Tech Research Group (www.infotech.com) is the global leader in providing tactical, practical Information Technology research and analysis. Info-Tech Research Group has a sixteen-year history of delivering quality research and is North America's fastest growing full-service IT analyst firm.
MetricStream is a market leader in Enterprise-wide Governance, Risk, Compliance (GRC) and Quality Management Solutions for global corporations. MetricStream solutions are used by leading corporations such as UBS, P&G, Constellation Energy, Pfizer, Philips, BAE Systems, Twitter, SanDisk, Cummins and Sonic Automotive in diverse industries such as Financial Services, Healthcare, Life Sciences, Energy and Utilities, Food, Retail, CPG, Government, Hi-tech and Manufacturing to manage their risk management programs, quality processes, regulatory and industry-mandated compliance and corporate governance initiatives, as well as several million compliance professionals worldwide via the www.ComplianceOnline.com portal. MetricStream is headquartered in Palo Alto, California and can be reached at www.metricstream.com.
Mr. Vinay Bapna
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