The Quadrant Knowledge SolutionsSPARK Matrix™ provides competitive analysis & ranking of the leading Governance, Risk, and Compliance (GRC) vendors.
19 April 2022: Quadrant Knowledge Solutions announced today that it has published SPARK Matrix analysis of the global Governance, Risk, and Compliance (GRC) market.
The Quadrant Knowledge Solutions SPARK Matrix™: Governance, Risk, and Compliance (GRC) Platforms includes a detailed analysis of global market dynamics, major trends, vendor landscape, and competitive positioning. The study provides competitive analysis and ranking of the leading GRC vendors in the form of its SPARK Matrix. It gives strategic information for users to evaluate different vendor capabilities, competitive differentiation, and market position.
GRC software enables organizations to integrate and manage processes and data for effectively meeting company objectives related to governance, risks, and compliance management. Traditionally, most organizations use multiple GRC tools, such as enterprise GRC, IT GRC, risk management, compliance management, and policy management, to cater to their different department needs. However, the GRC market landscape is changing, with users increasingly looking at integrated solutions in a single framework to monitor and manage risks, reduce costs, and minimize complexities.
The research includes a detailed competition analysis and vendor evaluation with the proprietary SPARK Matrix analysis. The SPARK Matrix includes analysis of vendors, including Allgress, AuditBoard, Camms, CURA Software, Diligent, IBM, Ideagen, LogicGate, LogicManager, MEGA International, MetricStream, Mitratech, NAVEX, OneTrust, Reciprocity, Resolver, Riskonnect, RSA, SAI360, SecurEnds. ServiceNow, Sword GRC, and Workiva.
According to Pradnya Gugale, Analyst at Quadrant Knowledge Solutions, “Modern GRC solutions are backed by technologies like AI, ML, RPA that helps in offering a robust, flexible, and scalable architecture thereby enabling customers to quickly implement solutions based on their unique needs and business requirements. Moreover, an integrated GRC platforms benefit organizations with improved transparency, corporate accountability, comprehensive risk visibility, and improved financial and operational efficiencies.”
About Quadrant Knowledge Solutions
Quadrant Knowledge Solutions is a global advisory and consulting firm focused on helping clients as a strategic knowledge partner in achieving business transformation goals with Strategic Business and Growth Advisory Services. Quadrant’s research and consulting deliverables are designed to provide comprehensive information and strategic insights for helping clients formulate growth strategies to survive and thrive in ever-changing business environments.
For more available research, visit: https://quadrant-solutions.com/market-research/
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