Welcome!

@CloudExpo Authors: Zakia Bouachraoui, Liz McMillan, Yeshim Deniz, Pat Romanski, Elizabeth White

News Feed Item

KuppingerCole Report Reviews IT GRC Market and Cites MetricStream as a Pioneer

MetricStream today announced that it has been named as a company with strong IT Governance, Risk, and Compliance (GRC) solutions in the KuppingerCole Vendor Report titled “MetricStream: Bridging the Gap Between Business GRC and IT GRC.” The report has been published by KuppingerCole, a leading Europe-based analyst company for information security both in classical and cloud environments.

Analyzing the IT GRC industry, the KuppingerCole report brings out the security and compliance challenges that organizations face due to the increased use of virtualization technologies and external IT services, as well as emerging and evolving compliance requirements. According to the report, “organizations are in a situation where they are confronted with exponential changes regarding outward-facing processes, users, and external IT services used.” What organizations require today is an IT GRC solution that is agile to business changes, integrates with enterprise GRC, manages evolving risks related to information security and compliance, and monitors business performance.

IT and cyber security risks are a growing concern for most European organizations. With the rise in media attention on privacy and data breaches, European companies are becoming aware of the risk of a data leak ending up in today’s more intense news environment and its impact on business.

Having evaluated the IT GRC market, KuppingerCole says that MetricStream’s strong and integrated portfolio of GRC solutions comes with well-defined controls, security features that address risks and threats arising from social, cloud and virtualization technologies, and capabilities that enable organizations to merge Information Security, IT Risks, and Enterprise GRC to drive business performance.

Says Vasant Balasubramanian, Vice President of Product Management at MetricStream, “KuppingerCole’s report is a testimony to our rich capabilities in IT GRC, and the innovations we have brought to the market to address complex security and compliance risks in an increasingly virtualized and mobile world. MetricStream’s IT GRC solutions enable organizations to harmonize GRC processes across the enterprise, align IT GRC with enterprise GRC processes, and integrate bottom-up IT control processes with top-down risk intelligence.”

With the acquisition of vPanorama cloud GRC technology, MetricStream is enabling its customers to seamlessly manage regulatory compliance, privacy requirements, security threats, vulnerability risks, and performance metrics across the entire spectrum of virtual assets in the cloud, as well as on-premise virtual infrastructure.

Martin Kuppinger, Founder and Principal Analyst at KuppingerCole, says, “From the IT perspective, GRC has moved from technical system-oriented approaches towards information and service governance. We found MetricStream’s IT GRC solutions to be well-thought and mature based on parameters such as security, functionality, usability, integration capability, and interoperability. The platform also supports business requirements and integrates with other IT security and GRC point solutions to provide a complete enterprise GRC approach.”

The report also recommends that organizations looking for GRC solutions carefully evaluate GRC solution vendors. As per the report, “There are different vendors with fundamentally different offerings. While some provide Enterprise GRC solutions focusing on specific aspects of business, ignoring IT GRC, there are others who provide Enterprise GRC that support IT controls and integrate with specific IT GRC solutions. Organizations therefore need to evaluate and analyze GRC vendors based on whether the vendor’s roadmap is aligned with the evolutions in the business landscape and if the current offerings are mature enough to support the changing business requirements of organizations.”

Mr. Balasubramanian also goes on to say, “MetricStream has a strong track record in providing IT GRC solutions in the European market, the most recent being the implementation of the solution by one of the world's largest international online sports betting services provider. This is attributed to MetricStream’s understanding of the global markets and the specific GRC needs of organizations in different locations.”

Please click here to download the report.

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 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 with European offices in London, Paris, Milan and Basel and can be reached at www.metricstream.com.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

CloudEXPO Stories
This is going to be a live demo on a production ready CICD pipeline which automate the deployment of application onto AWS ECS and Fargate. The same pipeline will automate deployment into various environment such as Test, UAT, and Prod. The pipeline will go through various stages such as source, build, test, approval, UAT stage, Prod stage. The demo will utilize only AWS services including AWS CodeCommit, Codebuild, code pipeline, Elastic container service (ECS), ECR, and Fargate.
With 10 simultaneous tracks, keynotes, general sessions and targeted breakout classes, @CloudEXPO and DXWorldEXPO are two of the most important technology events of the year. Since its launch over eight years ago, @CloudEXPO and DXWorldEXPO have presented a rock star faculty as well as showcased hundreds of sponsors and exhibitors! In this blog post, we provide 7 tips on how, as part of our world-class faculty, you can deliver one of the most popular sessions at our events. But before reading these essential tips, please take a moment and watch this brief video from Sandy Carter.
If a machine can invent, does this mean the end of the patent system as we know it? The patent system, both in the US and Europe, allows companies to protect their inventions and helps foster innovation. However, Artificial Intelligence (AI) could be set to disrupt the patent system as we know it. This talk will examine how AI may change the patent landscape in the years to come. Furthermore, ways in which companies can best protect their AI related inventions will be examined from both a US and European perspective.
Behera Rasananda is a technologist, a leader, a key note speaker has more than 20 years experience in across Government, Financial, Heath Care and Insurance Verticals. Mr. Behera has vast experience in Enterprise Cloud and Big Data solutions and Enterprise Architecture. Currently he works closely for Government Solutions on Enterprise Cloud for Federal Government Agency. Scientist Behera managed and partner with clients to make complete end to end solution and Migration to cloud both private sector and government sector with Cloud Computing and engineering with Architecture, Design and Strategy. This strategy and migration to cloud architecture and enterprise design patterns helps savings organizations of multi-million dollars annually.
Poor data quality and analytics drive down business value. In fact, Gartner estimated that the average financial impact of poor data quality on organizations is $9.7 million per year. But bad data is much more than a cost center. By eroding trust in information, analytics and the business decisions based on these, it is a serious impediment to digital transformation.