Click here to close now.

Welcome!

Cloud Expo Authors: Liz McMillan, Elizabeth White, Pat Romanski, Roger Strukhoff, Yeshim Deniz

News Feed Item

MetricStream IT GRC Solutions Witness Rapid Adoption as Companies Seek to Integrate Bottom-Up IT Control Processes with Top-Down Risk Intelligence

Leading analyst firm cites MetricStream as a pioneer in the IT GRC products market, and highlights its "strong vertical specific solutions" and "strong IT GRC capabilities around cloud and virtualized environments"

PALO ALTO, Calif., Dec. 13, 2012 /PRNewswire/ -- In today's increasingly virtualized, mobile, and cloudy world, Chief Information Officers (CIOs) and Chief Information Security Officers (CISOs) are confronted with complex challenges around information security, big data management, and compliance with regulations such as SOX, PCI DSS, HIPAA, NERC, FISMA, and ISO 27001. The traditional approach of managing these requirements in multiple silos and systems is not only inefficient and expensive, but also leads to redundancies and conflicts. Today, organizations seek to rationalize and harmonize their IT GRC processes, while also providing top-level visibility into enterprise IT risk and compliance data that can help determine areas of concern, and enable management to make quick, actionable decisions based on sound data points.

MetricStream provides a comprehensive suite of IT GRC solutions that aggregate and unify IT risk and information security and compliance data from across the hyper-extended enterprise. The solutions also help add business context to the data, as well as provide strong analytics capabilities to support mature, risk-oriented security programs.

The MetricStream solutions integrate with various applications – such as those for identity management, asset management, Security Information and Event Management (SIEM), threat and vulnerability assessment, intrusion detection and prevention, and security feeds – to consolidate data related to information security, and technology risks. Powerful dashboards present a real-time, top-level view of this information. The solution also facilitates a robust workflow-based approach to IT audit management and remediation management.

MetricStream IT GRC Solutions were recently reviewed by IDC, a leading provider of global IT research and advice, in its report - "MetricStream: Comprehensive Solutions for IT Governance, Risk, and Compliance[1]." The report highlights MetricStream's "strong intellectual property (IP) portfolio around GRC," its "strong portfolio of IT GRC products that address end-to-end customer requirements," and its "strong partnership with various technology vendors in the security, smart grid, network management, operations, and asset management spaces." The report also highlights MetricStream's "strong IT GRC capabilities around cloud and virtualized environments."

Mayur Sahni, Research Manager, Services at IDC Asia/Pacific says, "Compliance requirements today are non-negotiable, and it's imperative for enterprises to implement a structured, organization-wide approach to IT GRC. MetricStream has a broad set of technologies not only to enforce and implement IT controls, but also to collect and harvest the information required to manage risk and demonstrate governance."

MetricStream IT GRC solutions provide integration capabilities for IT security, cloud, infrastructure, General Computer Controls (GCC), and business application controls. It simplifies compliance across IT regulations, standards, and frameworks by supporting automated monitoring and reporting of IT risk and control effectiveness and provides comprehensive content for meeting compliance challenges, including over 5,000+ IT control statements from over 800+ authority documents through a partnership with UCF, which helps organizations harmonize on the smallest possible set of IT controls to meet all their compliance requirements. The solutions also provide robust IT audit management capabilities, streamlines the IT audit and compliance process, and enable multiple stakeholders to gain visibility into the status of these processes and their results. IT control or compliance issues that arise are automatically routed through a systematic process of investigation and remediation.

With MetricStream's acquisition of vPanorama cloud GRC technology from TBD Networks, the company is able to provide solutions that allow its customers to seamlessly manage risks, regulatory compliance challenges, privacy requirements, security threats, and performance metrics across the cloud & virtualized infrastructure. The technology has augmented MetricStream's IT GRC solutions by providing granular visibility and control over security configuration assessments, continuous controls monitoring, risk management, and threat and vulnerability management. It helps minimize inefficiencies, while enhancing the reliability and performance of the cloud infrastructure.

MetricStream's robust functionality has attracted marquee customers across industry segments, which include some of the largest and most respected companies in social media and Internet information, banking and financial services, healthcare, manufacturing, energy, and retail.

"IT organizations have focused solely on a bottom-up approach so far – implementing granular IT controls based on vulnerability scans, patch, and configuration control data. This approach results in a lot of data but little actionable intelligence," said Vasant Balasubramanian, Vice President of Product Management at MetricStream. "MetricStream combines bottom-up data with a top-down approach and over-arching analytics that correlate information risk, security, compliance, and business issues to provide actionable risk intelligence. Furthermore, with MetricStream's recent acquisition of vPanorama technology, we provide the unique capability of bringing top-down risk intelligence and IT GRC controls to the cloud. We also help enhance business value by closely aligning IT investments with organizational strategy and corporate objectives."

[1] IDC, MetricStream: Comprehensive Solutions for IT Governance, Risk, and Compliance, Doc #IN2672604U, July 2012

About MetricStream

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, 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.

Media contact:
Mr. Vinay Bapna
[email protected]
650-620-2955

This press release was issued through eReleases® Press Release Distribution. For more information, visit http://www.ereleases.com.

 

SOURCE MetricStream

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@CloudExpo Stories
“Oh, dev is dev and ops is ops, and never the twain shall meet.” With apoloies to Rudyard Kipling and all of his fans, this describes the early state of the two sides of DevOps. Yet the DevOps approach is demanded by cloud computing, as the speed, flexibility, and scalability in today's so-called “Third Platform” must not be hindered by the traditional limitations of software development and deployment. A recent report by Gartner, for example, says that 25% of Global 2000 companies will b...
Software-driven innovation is becoming a primary approach to how businesses create and deliver new value to customers. A survey of 400 business and IT executives by the IBM Institute for Business Value showed businesses that are more effective at software delivery are also more profitable than their peers nearly 70 percent of the time (1). DevOps provides a way for businesses to remain competitive, applying lean and agile principles to software development to speed the delivery of software that ...
JFrog on Thursday announced that it has added Docker support to Bintray, its distribution-as-a-service (DaaS) platform. When combined with JFrog’s Artifactory binary repository management system, organizations can now manage Docker images with an end-to-end solution that supports all technologies. The new version of Bintray allows organizations to create an unlimited number of private Docker repositories, and through the use of fast Akamai content delivery networks (CDNs), it decreases the dow...
Big Data is amazing, it's life changing and yes it is changing how we see our world. Big Data, however, can sometimes be too big. Organizations that are not amassing massive amounts of information and feeding into their decision buckets, smaller data that feeds in from customer buying patterns, buying decisions and buying influences can be more useful when used in the right way. In their session at Big Data Expo, Ermanno Bonifazi, CEO & Founder of Solgenia, and Ian Khan, Global Strategic Positi...
More organizations are embracing DevOps to realize compelling business benefits such as more frequent feature releases, increased application stability, and more productive resource utilization. However, security and compliance monitoring tools have not kept up and often represent the single largest remaining hurdle to continuous delivery. In their session at DevOps Summit, Justin Criswell, Senior Sales Engineer at Alert Logic, Ricardo Lupo, a Solution Architect with Chef, will discuss how to ...
Thanks to Docker, it becomes very easy to leverage containers to build, ship, and run any Linux application on any kind of infrastructure. Docker is particularly helpful for microservice architectures because their successful implementation relies on a fast, efficient deployment mechanism – which is precisely one of the features of Docker. Microservice architectures are therefore becoming more popular, and are increasingly seen as an interesting option even for smaller projects, instead of bein...
Over the last few years the healthcare ecosystem has revolved around innovations in Electronic Health Record (HER) based systems. This evolution has helped us achieve much desired interoperability. Now the focus is shifting to other equally important aspects - scalability and performance. While applying cloud computing environments to the EHR systems, a special consideration needs to be given to the cloud enablement of Veterans Health Information Systems and Technology Architecture (VistA), i.e....
17th Cloud Expo, taking place Nov 3-5, 2015, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterprises a...
The Workspace-as-a-Service (WaaS) market will grow to $6.4B by 2018. In his session at 16th Cloud Expo, Seth Bostock, CEO of IndependenceIT, will begin by walking the audience through the evolution of Workspace as-a-Service, where it is now vs. where it going. To look beyond the desktop we must understand exactly what WaaS is, who the users are, and where it is going in the future. IT departments, ISVs and service providers must look to workflow and automation capabilities to adapt to growing ...
The truth is, today’s databases are anything but agile – they are effectively static repositories that are cumbersome to work with, difficult to change, and cannot keep pace with application demands. Performance suffers as a result, and it takes far longer than it should to deliver new features and capabilities needed to make your organization competitive. As your application and business needs change, data repositories and structures get outmoded rapidly, resulting in increased work for applica...
The speed of product development has increased massively in the past 10 years. At the same time our formal secure development and SDL methodologies have fallen behind. This forces product developers to choose between rapid release times and security. In his session at DevOps Summit, Michael Murray, Director of Cyber Security Consulting and Assessment at GE Healthcare, examined the problems and presented some solutions for moving security into the DevOps lifecycle to ensure that we get fast AND ...
From telemedicine to smart cars, digital homes and industrial monitoring, the explosive growth of IoT has created exciting new business opportunities for real time calls and messaging. In his session at @ThingsExpo, Ivelin Ivanov, CEO and Co-Founder of Telestax, shared some of the new revenue sources that IoT created for Restcomm – the open source telephony platform from Telestax. Ivelin Ivanov is a technology entrepreneur who founded Mobicents, an Open Source VoIP Platform, to help create, de...
The Internet of Things (IoT) promises to evolve the way the world does business; however, understanding how to apply it to your company can be a mystery. Most people struggle with understanding the potential business uses or tend to get caught up in the technology, resulting in solutions that fail to meet even minimum business goals. In his session at @ThingsExpo, Jesse Shiah, CEO / President / Co-Founder of AgilePoint Inc., showed what is needed to leverage the IoT to transform your business. ...
In his session at DevOps Summit, Tapabrata Pal, Director of Enterprise Architecture at Capital One, will tell a story about how Capital One has embraced Agile and DevOps Security practices across the Enterprise – driven by Enterprise Architecture; bringing in Development, Operations and Information Security organizations together. Capital Ones DevOpsSec practice is based upon three "pillars" – Shift-Left, Automate Everything, Dashboard Everything. Within about three years, from 100% waterfall, C...
Skeuomorphism usually means retaining existing design cues in something new that doesn’t actually need them. However, the concept of skeuomorphism can be thought of as relating more broadly to applying existing patterns to new technologies that, in fact, cry out for new approaches. In his session at DevOps Summit, Gordon Haff, Senior Cloud Strategy Marketing and Evangelism Manager at Red Hat, will discuss why containers should be paired with new architectural practices such as microservices ra...
With the arrival of the Big Data revolution, a data professional is expected to master a broad spectrum of complex domains including data processing, mathematics, programming languages, machine learning techniques, and business knowledge. While this mastery is undoubtedly important, this narrow focus on tool usage has divorced many from the imagination required to solve real-world problems. As the demand for analysis increases, the data science community must transform from tool experts to "data...
Thanks to Docker, it becomes very easy to leverage containers to build, ship, and run any Linux application on any kind of infrastructure. Docker is particularly helpful for microservice architectures because their successful implementation relies on a fast, efficient deployment mechanism – which is precisely one of the features of Docker. Microservice architectures are therefore becoming more popular, and are increasingly seen as an interesting option even for smaller projects, instead of bein...
Grow your business with enterprise wearable apps using SAP Platforms and Google Glass. SAP and Google just launched the SAP and Google Glass Challenge, an opportunity for you to innovate and develop the best Enterprise Wearable App using SAP Platforms and Google Glass and gain valuable market exposure. In his session at @ThingsExpo, Brian McPhail, Senior Director of Business Development, ISVs & Digital Commerce at SAP, outlined the timeline of the SAP Google Glass Challenge and the opportunity...
DevOps tends to focus on the relationship between Dev and Ops, putting an emphasis on the ops and application infrastructure. But that’s changing with microservices architectures. In her session at DevOps Summit, Lori MacVittie, Evangelist for F5 Networks, will focus on how microservices are changing the underlying architectures needed to scale, secure and deliver applications based on highly distributed (micro) services and why that means an expansion into “the network” for DevOps.
The 3rd International @ThingsExpo, co-located with the 16th International Cloud Expo – to be held June 9-11, 2015, at the Javits Center in New York City, NY – is now accepting Hackathon proposals. Hackathon sponsorship benefits include general brand exposure and increasing engagement with the developer ecosystem. At Cloud Expo 2014 Silicon Valley, IBM held the Bluemix Developer Playground on November 5 and ElasticBox held the DevOps Hackathon on November 6. Both events took place on the expo fl...