Welcome!

@CloudExpo Authors: Elizabeth White, Akhil Sahai, Pat Romanski, JP Morgenthal, Daniel Khan

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
SYS-CON Events announced today that Venafi, the Immune System for the Internet™ and the leading provider of Next Generation Trust Protection, will exhibit at @DevOpsSummit at 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. Venafi is the Immune System for the Internet™ that protects the foundation of all cybersecurity – cryptographic keys and digital certificates – so they can’t be misused by bad guys in attacks...
The cloud market growth today is largely in public clouds. While there is a lot of spend in IT departments in virtualization, these aren’t yet translating into a true “cloud” experience within the enterprise. What is stopping the growth of the “private cloud” market? In his general session at 18th Cloud Expo, Nara Rajagopalan, CEO of Accelerite, explored the challenges in deploying, managing, and getting adoption for a private cloud within an enterprise. What are the key differences between wh...
In his session at Cloud Expo, Robert Cohen, an economist and senior fellow at the Economic Strategy Institute, will provide economic scenarios that describe how the rapid adoption of software-defined everything including cloud services, SDDC and open networking will change GDP, industry growth, productivity and jobs. This session will also include a drill down for several industries such as finance, social media, cloud service providers and pharmaceuticals.
Security, data privacy, reliability, and regulatory compliance are critical factors when evaluating whether to move business applications from in-house, client-hosted environments to a cloud platform. Quality assurance plays a vital role in ensuring that the appropriate level of risk assessment, verification, and validation takes place to ensure business continuity during the migration to a new cloud platform.
SYS-CON Events announced today the Kubernetes and Google Container Engine Workshop, being held November 3, 2016, in conjunction with @DevOpsSummit at 19th Cloud Expo at the Santa Clara Convention Center in Santa Clara, CA. This workshop led by Sebastian Scheele introduces participants to Kubernetes and Google Container Engine (GKE). Through a combination of instructor-led presentations, demonstrations, and hands-on labs, students learn the key concepts and practices for deploying and maintainin...
Aspose.Total for .NET is the most complete package of all file format APIs for .NET as offered by Aspose. It empowers developers to create, edit, render, print and convert between a wide range of popular document formats within any .NET, C#, ASP.NET and VB.NET applications. Aspose compiles all .NET APIs on a daily basis to ensure that it contains the most up to date versions of each of Aspose .NET APIs. If a new .NET API or a new version of existing APIs is released during the subscription peri...
There will be new vendors providing applications, middleware, and connected devices to support the thriving IoT ecosystem. This essentially means that electronic device manufacturers will also be in the software business. Many will be new to building embedded software or robust software. This creates an increased importance on software quality, particularly within the Industrial Internet of Things where business-critical applications are becoming dependent on products controlled by software. Qua...
In addition to all the benefits, IoT is also bringing new kind of customer experience challenges - cars that unlock themselves, thermostats turning houses into saunas and baby video monitors broadcasting over the internet. This list can only increase because while IoT services should be intuitive and simple to use, the delivery ecosystem is a myriad of potential problems as IoT explodes complexity. So finding a performance issue is like finding the proverbial needle in the haystack.
"We host and fully manage cloud data services, whether we store, the data, move the data, or run analytics on the data," stated Kamal Shannak, Senior Development Manager, Cloud Data Services, IBM, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
Machine Learning helps make complex systems more efficient. By applying advanced Machine Learning techniques such as Cognitive Fingerprinting, wind project operators can utilize these tools to learn from collected data, detect regular patterns, and optimize their own operations. In his session at 18th Cloud Expo, Stuart Gillen, Director of Business Development at SparkCognition, discussed how research has demonstrated the value of Machine Learning in delivering next generation analytics to imp...
DevOps at Cloud Expo – being held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA – announces that its Call for Papers is open. Born out of proven success in agile development, cloud computing, and process automation, DevOps is a macro trend you cannot afford to miss. From showcase success stories from early adopters and web-scale businesses, DevOps is expanding to organizations of all sizes, including the world's largest enterprises – and delivering real results. Am...
With the proliferation of both SQL and NoSQL databases, organizations can now target specific fit-for-purpose database tools for their different application needs regarding scalability, ease of use, ACID support, etc. Platform as a Service offerings make this even easier now, enabling developers to roll out their own database infrastructure in minutes with minimal management overhead. However, this same amount of flexibility also comes with the challenges of picking the right tool, on the right ...
The 19th International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Microservices and WebRTC to one location. With cloud computing driving a higher percentage of enterprise IT budgets every year, it becomes increasingly important to plant your flag in this fast-expanding business opportuni...
With over 720 million Internet users and 40–50% CAGR, the Chinese Cloud Computing market has been booming. When talking about cloud computing, what are the Chinese users of cloud thinking about? What is the most powerful force that can push them to make the buying decision? How to tap into them? In his session at 18th Cloud Expo, Yu Hao, CEO and co-founder of SpeedyCloud, answered these questions and discussed the results of SpeedyCloud’s survey.
The Internet of Things will challenge the status quo of how IT and development organizations operate. Or will it? Certainly the fog layer of IoT requires special insights about data ontology, security and transactional integrity. But the developmental challenges are the same: People, Process and Platform. In his session at @ThingsExpo, Craig Sproule, CEO of Metavine, demonstrated how to move beyond today's coding paradigm and shared the must-have mindsets for removing complexity from the develo...
SYS-CON Events announced today that MangoApps will exhibit at the 19th International Cloud Expo, which will take place on November 1–3, 2016, at the Santa Clara Convention Center in Santa Clara, CA. MangoApps provides modern company intranets and team collaboration software, allowing workers to stay connected and productive from anywhere in the world and from any device.
Large scale deployments present unique planning challenges, system commissioning hurdles between IT and OT and demand careful system hand-off orchestration. In his session at @ThingsExpo, Jeff Smith, Senior Director and a founding member of Incenergy, will discuss some of the key tactics to ensure delivery success based on his experience of the last two years deploying Industrial IoT systems across four continents.
Redis is not only the fastest database, but it is the most popular among the new wave of databases running in containers. Redis speeds up just about every data interaction between your users or operational systems. In his session at 19th Cloud Expo, Dave Nielsen, Developer Advocate, Redis Labs, will share the functions and data structures used to solve everyday use cases that are driving Redis' popularity.
Basho Technologies has announced the latest release of Basho Riak TS, version 1.3. Riak TS is an enterprise-grade NoSQL database optimized for Internet of Things (IoT). The open source version enables developers to download the software for free and use it in production as well as make contributions to the code and develop applications around Riak TS. Enhancements to Riak TS make it quick, easy and cost-effective to spin up an instance to test new ideas and build IoT applications. In addition to...
Predictive analytics tools monitor, report, and troubleshoot in order to make proactive decisions about the health, performance, and utilization of storage. Most enterprises combine cloud and on-premise storage, resulting in blended environments of physical, virtual, cloud, and other platforms, which justifies more sophisticated storage analytics. In his session at 18th Cloud Expo, Peter McCallum, Vice President of Datacenter Solutions at FalconStor, discussed using predictive analytics to mon...