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
"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...
Identity is in everything and customers are looking to their providers to ensure the security of their identities, transactions and data. With the increased reliance on cloud-based services, service providers must build security and trust into their offerings, adding value to customers and improving the user experience. Making identity, security and privacy easy for customers provides a unique advantage over the competition.
In his session at @DevOpsSummit at 19th Cloud Expo, Yoseph Reuveni, Director of Software Engineering at Jet.com, will discuss Jet.com's journey into containerizing Microsoft-based technologies like C# and F# into Docker. He will talk about lessons learned and challenges faced, the Mono framework tryout and how they deployed everything into Azure cloud. Yoseph Reuveni is a technology leader with unique experience developing and running high throughput (over 1M tps) distributed systems with extre...
"We've discovered that after shows 80% if leads that people get, 80% of the conversations end up on the show floor, meaning people forget about it, people forget who they talk to, people forget that there are actual business opportunities to be had here so we try to help out and keep the conversations going," explained Jeff Mesnik, Founder and President of ContentMX, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.