Market Report: GRC 2009

Report Details

GRC (Governance, Risk Management, Compliance) is amongst the most important emerging market segments in IT. Kuppinger Cole observes an trend towards tools which integrate analysis, attestation, authorization management, risk management, Segregation of Duties controls, and role management functionalities to provide an overall GRC solution with focus on access controls and authorization which can be applied to all applications and all compliance regulations which are relevant to any organization in a first step.

Beyond that we expect to see more complete GRC solutions which cover other aspects as well like the management of security events and incidents or availability and business continuity, to fully support the requirements on IT Governance.

Beyond that we as well expect advancements in the integration of enterprise-driven approaches, mainly for risk management (Enterprise Risk Management, ERM) and IT-driven approaches, e.g. IT Risk Management (IRM).

Today there are partial solutions with specific strengths in some of these functional areas. Over the course of the last 12 months, since the first release of this report, there have been significant improvements and several acquisitions. Through internal development and acquisitions we expect to see even more complete solutions in the 12 to 24 month timeframe. Given that the GRC market is growing well beyond average there is a good reasons for vendors to invest in that particular market segment.

We recommend to create a strategy for GRC with focus on short-term tactical investments, accepting the risk of choosing tools which will be replaced within 24 to 48 months, because the advantages are usually far beyond the costs imposed by such investments. Starting 18 to 30 months from now we expect the market to be mature enough for long-term strategic decisions.
You can get access to this document for free, if you register for KuppingerCole Select access now.

Date Title Price
May 02, 2009

Market Report: GRC 2009

GRC (Governance, Risk Management, Compliance) is amongst the most important emerging market segments in IT. Kuppinger Cole observes an trend towards tools which integrate analysis, attestation, authorization management, risk management, Segregation of Duties controls, and role management…

€165.00 Get Access
Mastercard Visa PayPal INVOICE

Discover KuppingerCole

KuppingerCole Select

Register now for KuppingerCole Select and get your free 30-day access to a great selection of KuppingerCole research materials and to live trainings.

Blog

Blog

RSA’s 2018 Conference Starts Bi-Polar and Ends with a Minor Breach

It is a world of great turmoil and considerable fear amidst incredible human progress. No wonder the RSA keynotes seemed bi-polar - mixing fear one moment, hope and inspiration the next.  RSA opened with a somber act from rapper poet Kevin Olusola to the conference theme: "Now [...]

Latest Insights

Hot Topics

Spotlight

Privacy & the European Data Protection Regulation Learn more

Privacy & the European Data Protection Regulation

The EU GDPR (General Data Protection Regulation), becoming effective May 25, 2018, will have a global impact not only on data privacy, but on the interaction between businesses and their customers and consumers. Organizations must not restrict their GDPR initiatives to technical changes in consent management or PII protection, but need to review how they onboard customers and consumers and how to convince these of giving consent, but also review the amount and purposes of PII they collect. The impact of GDPR on businesses will be far bigger than most currently expect. [...]

Become a Client

Learn more about becoming a Client

Contact Us

Call Us

+49 211 2370770
Mo - Fr 8:00 - 17:00