Welcome!

Cloud Expo Authors: Roger Strukhoff, Bernard Golden, Elizabeth White, Jnan Dash, Liz McMillan

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.

Cloud Expo Breaking News
Until recently, many organizations required specialized departments to perform mapping and geospatial analysis, and they used Esri on-premise solutions for that work. In his session at 15th Cloud Expo, Dave Peters, author of the Esri Press book Building a GIS, System Architecture Design Strategies for Managers, will discuss how Esri has successfully included the cloud as a fully integrated SaaS expansion of the ArcGIS mapping platform. Organizations that have incorporated Esri cloud-based applications and content within their business models are reaping huge benefits by directly leveraging cloud-based mapping and analysis capabilities within their existing enterprise investments. The ArcGIS mapping platform includes cloud-based content management and information resources to more widely, efficiently, and affordably deliver real-time actionable information and analysis capabilities to your organization.
In his session at 15th Cloud Expo, Mark Hinkle, Senior Director, Open Source Solutions at Citrix Systems Inc., will provide overview of the open source software that can be used to deploy and manage a cloud computing environment. He will include information on storage, networking(e.g., OpenDaylight) and compute virtualization (Xen, KVM, LXC) and the orchestration(Apache CloudStack, OpenStack) of the three to build their own cloud services. Speaker Bio: Mark Hinkle is the Senior Director, Open Source Solutions, at Citrix Systems Inc. He joined Citrix as a result of their July 2011 acquisition of Cloud.com where he was their Vice President of Community. He is currently responsible for Citrix open source efforts around the open source cloud computing platform, Apache CloudStack and the Xen Hypervisor. Previously he was the VP of Community at Zenoss Inc., a producer of the open source application, server, and network management software, where he grew the Zenoss Core project to over 10...
Almost everyone sees the potential of Internet of Things but how can businesses truly unlock that potential. The key will be in the ability to discover business insight in the midst of an ocean of Big Data generated from billions of embedded devices via Systems of Discover. Businesses will also need to ensure that they can sustain that insight by leveraging the cloud for global reach, scale and elasticity. In his session at Internet of @ThingsExpo, Mac Devine, Distinguished Engineer at IBM, will discuss bringing these three elements together via Systems of Discover.
As more applications and services move "to the cloud" (public or on-premise) cloud environments are increasingly adopting and building out traditional enterprise features. This in turn is enabling and encouraging cloud adoption from enterprise users. In many ways the definition is blurring as features like continuous operation, geo-distribution or on-demand capacity become the norm. NuoDB is involved in both building enterprise software and using enterprise cloud capabilities. In his session at 15th Cloud Expo, Seth Proctor, CTO at NuoDB, Inc., will discuss the experiences from building, deploying and using enterprise services and suggest some ways to approach moving enterprise applications into a cloud model.
Cloud and Big Data present unique dilemmas: embracing the benefits of these new technologies while maintaining the security of your organization’s assets. When an outside party owns, controls and manages your infrastructure and computational resources, how can you be assured that sensitive data remains private and secure? How do you best protect data in mixed use cloud and big data infrastructure sets? Can you still satisfy the full range of reporting, compliance and regulatory requirements? In his session at 15th Cloud Expo, Derek Tumulak, Vice President of Product Management at Vormetric, will discuss how to address data security in cloud and Big Data environments so that your organization isn’t next week’s data breach headline.
The cloud is everywhere and growing, and with it SaaS has become an accepted means for software delivery. SaaS is more than just a technology, it is a thriving business model estimated to be worth around $53 billion dollars by 2015, according to IDC. The question is – how do you build and scale a profitable SaaS business model? In his session at 15th Cloud Expo, Jason Cumberland, Vice President, SaaS Solutions at Dimension Data, will give the audience an understanding of common mistakes businesses make when transitioning to SaaS; how to avoid them; and how to build a profitable and scalable SaaS business.
SYS-CON Events announced today that Gridstore™, the leader in software-defined storage (SDS) purpose-built for Windows Servers and Hyper-V, will exhibit at SYS-CON's 15th International Cloud Expo®, which will take place on November 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. Gridstore™ is the leader in software-defined storage purpose built for virtualization that is designed to accelerate applications in virtualized environments. Using its patented Server-Side Virtual Controller™ Technology (SVCT) to eliminate the I/O blender effect and accelerate applications Gridstore delivers vmOptimized™ Storage that self-optimizes to each application or VM across both virtual and physical environments. Leveraging a grid architecture, Gridstore delivers the first end-to-end storage QoS to ensure the most important App or VM performance is never compromised. The storage grid, that uses Gridstore’s performance optimized nodes or capacity optimized nodes, starts with as few a...
SYS-CON Events announced today that Solgenia, the global market leader in Cloud Collaboration and Cloud Infrastructure software solutions, will exhibit at SYS-CON's 15th International Cloud Expo®, which will take place on November 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. Solgenia is the global market leader in Cloud Collaboration and Cloud Infrastructure software solutions. Designed to “Bridge the Gap” between personal and professional social, mobile and cloud user experiences, our solutions help large and medium-sized organizations dramatically improve productivity, reduce collaboration costs, and increase the overall enterprise value by bringing collaboration and infrastructure solutions to the cloud.
Cloud computing started a technology revolution; now DevOps is driving that revolution forward. By enabling new approaches to service delivery, cloud and DevOps together are delivering even greater speed, agility, and efficiency. No wonder leading innovators are adopting DevOps and cloud together! In his session at DevOps Summit, Andi Mann, Vice President of Strategic Solutions at CA Technologies, will explore the synergies in these two approaches, with practical tips, techniques, research data, war stories, case studies, and recommendations.
Enterprises require the performance, agility and on-demand access of the public cloud, and the management, security and compatibility of the private cloud. The solution? In his session at 15th Cloud Expo, Simone Brunozzi, VP and Chief Technologist(global role) for VMware, will explore how to unlock the power of the hybrid cloud and the steps to get there. He'll discuss the challenges that conventional approaches to both public and private cloud computing, and outline the tough decisions that must be made to accelerate the journey to the hybrid cloud. As part of the transition, an Infrastructure-as-a-Service model will enable enterprise IT to build services beyond their data center while owning what gets moved, when to move it, and for how long. IT can then move forward on what matters most to the organization that it supports – availability, agility and efficiency.
Every healthy ecosystem is diverse. This is especially true in cloud ecosystems, where portability and interoperability are more important than old enterprise models of proprietary ownership. In his session at 15th Cloud Expo, Mark Baker, Server Product Manager at Canonical/Ubuntu, will discuss how single vendors used to take the lead in creating and delivering technology, but in a cloud economy, where users want tools of their preference, when and where they need them, it makes no sense.
The 15th International Cloud Expo has just expanded its conference program, to bring together Cloud Computing, APM, APIs, Security, Big Data, Internet of Things, DevOps and WebRTC at one location. Cloud Expo is the single show where delegates and technology vendors can meet to experience and discuss the entire world of the cloud. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to learn about the latest technology developments and solutions.
SYS-CON Events announced today that Bsquare Corporation, a leading enabler of smart connected systems, has been named “Bronze Sponsor” of SYS-CON's Internet of @ThingsExpo, which will take place on November 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. Bsquare is a global leader of embedded software solutions. We enable smart connected systems at the device level and beyond that millions use every day and provide actionable data solutions for the growing Internet of Things (IoT) market. We empower our world-class customers with our products, services and solutions to achieve innovation and success.
SYS-CON Events announced today that NuoDB, Inc., the leader in webscale distributed database technology, has been named “Bronze Sponsor” of SYS-CON's 15th International Cloud Expo®, which will take place on November 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. NuoDB was launched in 2010 by industry-renowned database architect Jim Starkey and accomplished software CEO Barry Morris to deliver a webscale distributed database management system that is specifically designed for the cloud and the modern datacenter.
SYS-CON Events announced today that Cloudian, Inc., the leading provider of hybrid cloud storage solutions, has been named “Bronze Sponsor” of SYS-CON's 15th International Cloud Expo®, which will take place on November 4–6, 2014, at the Santa Clara Convention Center in Santa Clara, CA. Cloudian is a Foster City, Calif.-based software company specializing in cloud storage. Cloudian HyperStore® is an S3-compatible cloud object storage platform that enables service providers and enterprises to build reliable, affordable and scalable hybrid cloud storage solutions. Cloudian actively partners with leading cloud computing environments including Amazon Web Services, Citrix Cloud Platform, Apache CloudStack, OpenStack and the vast ecosystem of S3 compatible tools and applications. Cloudian's customers include Vodafone, Nextel, NTT, Nifty, and LunaCloud. The company has additional offices in China and Japan.