Click here to close now.

Welcome!

News Feed Item

Independent Research Firm Cites MetricStream as a "Leader" in GRC Platforms

MetricStream's fast growth is recognized as "a disruptive force in the market" and the strength of the company's product offering and capabilities are highlighted by their receiving the highest score for "Current Offering" criteria

PALO ALTO, Calif., Jan. 27, 2014 /PRNewswire/ -- Describing MetricStream's fast growth as "a disruptive force in the market", Forrester Research, Inc. has cited MetricStream as a "Leader" in the report – "The Forrester Wave™: Governance, Risk, and Compliance Platforms, Q1 2014", published on January 27, 2014.

Rated on a scale of 0-5, MetricStream emerged as the top ranked vendor for "Current Offering" with the highest score of 4.79. This category includes the following evaluated criteria:  Content Management, Risk and Control Management, Workflow Management, GRC Management and Analytics, Audit Management, GRC Breadth and Depth, Domain-Specific Support, and Technical functionality.

The report commented, "MetricStream is growing quickly and demonstrating impressive product enhancements. MetricStream's vision is to embed GRC in the day-to-day functions of all employees, and its strategy reflects this broad vision by targeting a wide range of industries, users, and use cases."

"We are very pleased to be cited as a leader by Forrester Research," said Shellye Archambeau, CEO of MetricStream. "In our opinion, the report validates MetricStream's unique product strategy built around our vision of Pervasive GRC. We believe Forrester affirms this vision as the direction of the market, as they indicate in their report that, organizations are pushing their GRC programs into the far reaches of business processes and initiatives. We deliver on this vision with our platform based approach and the comprehensive range of pre-packaged and flexible GRC apps that are increasingly being embedded in business operations, and can be accessed anytime, anywhere – in the cloud, on the web, on mobile devices, and in a highly collaborative and yet secure environment."

The Forrester report states, "The MetricStream GRC platform provides high-level building blocks with reusable code libraries for customers, partners, or MetricStream staff to design and configure applications in line with specific GRC needs."

According to the report, "For all the growth and maturity of the GRC platform market, it's a segment that still eludes clear definitions and boundaries. Risk and compliance professionals are discovering new ways to leverage these technologies for greater efficiency and control, but now they face hard choices about how far to take them; what use cases they can support, whether to consolidate multiple applications into a single platform, and how to successfully roll out their program to build business success."

"Bringing Business, IT, and Security together through our Platform, Apps, Zaplets, Content, Data Aggregation, Intelligence, and Analytics has been the cornerstone of our approach to the market. We believe that the report is an exceptionally strong validation from Forrester, highlighting the completeness of our offering, company strategy, and vision," said Gaurav Kapoor, COO at MetricStream.

He continued, "For our customers, GRC adoption is a journey, not a one-time project. Customers that engage with us are seeing real value in MetricStream as a partner that helps them on this journey of getting a GRC strategy and technology solution in place, while also solving the immediate challenges that they may have, all through our best-of-breed applications. Setting up the right federated data model, aggregating information from across data sources, and managing GRC processes, while keeping deployments easy and systematic are integral parts of this process. Our deep focus on innovation and our commitment to delivering sustained value to customers are the reasons for the widespread adoption of MetricStream applications in large enterprises as well as mid-sized companies across the globe."

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, Barclaycard US, P&G, Constellation Energy, Pfizer, Philips, United Technologies Corporation, SanDisk, Cummins, and Autogrill 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 and can be reached at www.metricstream.com.

Media contact:
Mr. Vinay Bapna
Email

+1 650-620-2955

Read more news from MetricStream.

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.

Latest Stories
DevOps tends to focus on the relationship between Dev and Ops, putting an emphasis on the ops and application infrastructure. But that’s changing with microservices architectures. In her session at DevOps Summit, Lori MacVittie, Evangelist for F5 Networks, will focus on how microservices are changing the underlying architectures needed to scale, secure and deliver applications based on highly distributed (micro) services and why that means an expansion into “the network” for DevOps.
"We have a tagline - "Power in the API Economy." What that means is everything that is built in applications and connected applications is done through APIs," explained Roberto Medrano, Executive Vice President at Akana, in this SYS-CON.tv interview at 16th Cloud Expo, held June 9-11, 2015, at the Javits Center in New York City.
Containers have changed the mind of IT in DevOps. They enable developers to work with dev, test, stage and production environments identically. Containers provide the right abstraction for microservices and many cloud platforms have integrated them into deployment pipelines. DevOps and Containers together help companies to achieve their business goals faster and more effectively. In his session at DevOps Summit, Ruslan Synytsky, CEO and Co-founder of Jelastic, reviewed the current landscape of...
"AgilData is the next generation of dbShards. It just adds a whole bunch more functionality to improve the developer experience," noted Dan Lynn, CEO of AgilData, in this SYS-CON.tv interview at 16th Cloud Expo, held June 9-11, 2015, at the Javits Center in New York City.
The Internet of Things is not only adding billions of sensors and billions of terabytes to the Internet. It is also forcing a fundamental change in the way we envision Information Technology. For the first time, more data is being created by devices at the edge of the Internet rather than from centralized systems. What does this mean for today's IT professional? In this Power Panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists addressed this very serious issue of pro...
The cloud has transformed how we think about software quality. Instead of preventing failures, we must focus on automatic recovery from failure. In other words, resilience trumps traditional quality measures. Continuous delivery models further squeeze traditional notions of quality. Remember the venerable project management Iron Triangle? Among time, scope, and cost, you can only fix two or quality will suffer. Only in today's DevOps world, continuous testing, integration, and deployment upend...
"We provide a web application framework for building really sophisticated web applications that run on a browser without any installation need so we get used for biotech, defense, and banking applications," noted Charles Kendrick, CTO and Chief Architect at Isomorphic Software, in this SYS-CON.tv interview at @DevOpsSummit (http://DevOpsSummit.SYS-CON.com), held June 9-11, 2015, at the Javits Center in New York
Discussions about cloud computing are evolving into discussions about enterprise IT in general. As enterprises increasingly migrate toward their own unique clouds, new issues such as the use of containers and microservices emerge to keep things interesting. In this Power Panel at 16th Cloud Expo, moderated by Conference Chair Roger Strukhoff, panelists addressed the state of cloud computing today, and what enterprise IT professionals need to know about how the latest topics and trends affect t...
Explosive growth in connected devices. Enormous amounts of data for collection and analysis. Critical use of data for split-second decision making and actionable information. All three are factors in making the Internet of Things a reality. Yet, any one factor would have an IT organization pondering its infrastructure strategy. How should your organization enhance its IT framework to enable an Internet of Things implementation? In his session at @ThingsExpo, James Kirkland, Red Hat's Chief Arch...
In the midst of the widespread popularity and adoption of cloud computing, it seems like everything is being offered “as a Service” these days: Infrastructure? Check. Platform? You bet. Software? Absolutely. Toaster? It’s only a matter of time. With service providers positioning vastly differing offerings under a generic “cloud” umbrella, it’s all too easy to get confused about what’s actually being offered. In his session at 16th Cloud Expo, Kevin Hazard, Director of Digital Content for SoftL...
"A lot of the enterprises that have been using our systems for many years are reaching out to the cloud - the public cloud, the private cloud and hybrid," stated Reuven Harrison, CTO and Co-Founder of Tufin, in this SYS-CON.tv interview at 16th Cloud Expo, held June 9-11, 2015, at the Javits Center in New York City.
One of the hottest areas in cloud right now is DRaaS and related offerings. In his session at 16th Cloud Expo, Dale Levesque, Disaster Recovery Product Manager with Windstream's Cloud and Data Center Marketing team, will discuss the benefits of the cloud model, which far outweigh the traditional approach, and how enterprises need to ensure that their needs are properly being met.
The time is ripe for high speed resilient software defined storage solutions with unlimited scalability. ISS has been working with the leading open source projects and developed a commercial high performance solution that is able to grow forever without performance limitations. In his session at Cloud Expo, Alex Gorbachev, President of Intelligent Systems Services Inc., shared foundation principles of Ceph architecture, as well as the design to deliver this storage to traditional SAN storage co...
"Plutora provides release and testing environment capabilities to the enterprise," explained Dalibor Siroky, Director and Co-founder of Plutora, in this SYS-CON.tv interview at @DevOpsSummit, held June 9-11, 2015, at the Javits Center in New York City.
It is one thing to build single industrial IoT applications, but what will it take to build the Smart Cities and truly society-changing applications of the future? The technology won’t be the problem, it will be the number of parties that need to work together and be aligned in their motivation to succeed. In his session at @ThingsExpo, Jason Mondanaro, Director, Product Management at Metanga, discussed how you can plan to cooperate, partner, and form lasting all-star teams to change the world...