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
If you had a chance to enter on the ground level of the largest e-commerce market in the world – would you? China is the world’s most populated country with the second largest economy and the world’s fastest growing market. It is estimated that by 2018 the Chinese market will be reaching over $30 billion in gaming revenue alone. Admittedly for a foreign company, doing business in China can be challenging. Often changing laws, administrative regulations and the often inscrutable Chinese Interne...
Apache Hadoop is a key technology for gaining business insights from your Big Data, but the penetration into enterprises is shockingly low. In fact, Apache Hadoop and Big Data proponents recognize that this technology has not yet achieved its game-changing business potential. In his session at 19th Cloud Expo, John Mertic, director of program management for ODPi at The Linux Foundation, will explain why this is, how we can work together as an open data community to increase adoption, and the i...
As ridesharing competitors and enhanced services increase, notable changes are occurring in the transportation model. Despite the cost-effective means and flexibility of ridesharing, both drivers and users will need to be aware of the connected environment and how it will impact the ridesharing experience. In his session at @ThingsExpo, Timothy Evavold, Executive Director Automotive at Covisint, will discuss key challenges and solutions to powering a ride sharing and/or multimodal model in the a...
Let’s face it, embracing new storage technologies, capabilities and upgrading to new hardware often adds complexity and increases costs. In his session at 18th Cloud Expo, Seth Oxenhorn, Vice President of Business Development & Alliances at FalconStor, discussed how a truly heterogeneous software-defined storage approach can add value to legacy platforms and heterogeneous environments. The result reduces complexity, significantly lowers cost, and provides IT organizations with improved efficienc...
Cloud computing is being adopted in one form or another by 94% of enterprises today. Tens of billions of new devices are being connected to The Internet of Things. And Big Data is driving this bus. An exponential increase is expected in the amount of information being processed, managed, analyzed, and acted upon by enterprise IT. This amazing is not part of some distant future - it is happening today. One report shows a 650% increase in enterprise data by 2020. Other estimates are even higher....
SYS-CON Events announced today that CDS Global Cloud, an Infrastructure as a Service provider, 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. CDS Global Cloud is an IaaS (Infrastructure as a Service) provider specializing in solutions for e-commerce, internet gaming, online education and other internet applications. With a growing number of data centers and network points around the world, ...
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...
SYS-CON Events announced today that LeaseWeb USA, a cloud Infrastructure-as-a-Service (IaaS) provider, 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. LeaseWeb is one of the world's largest hosting brands. The company helps customers define, develop and deploy IT infrastructure tailored to their exact business needs, by combining various kinds cloud solutions.
Big Data has been changing the world. IoT fuels the further transformation recently. How are Big Data and IoT related? In his session at @BigDataExpo, Tony Shan, a renowned visionary and thought leader, will explore the interplay of Big Data and IoT. He will anatomize Big Data and IoT separately in terms of what, which, why, where, when, who, how and how much. He will then analyze the relationship between IoT and Big Data, specifically the drilldown of how the 4Vs of Big Data (Volume, Variety,...
19th Cloud Expo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, will feature technical sessions from a rock star conference faculty and the leading industry players in the world. Cloud computing is now being embraced by a majority of enterprises of all sizes. Yesterday's debate about public vs. private has transformed into the reality of hybrid cloud: a recent survey shows that 74% of enterprises have a hybrid cloud strategy. Meanwhile, 94% of enterpri...
WebRTC is bringing significant change to the communications landscape that will bridge the worlds of web and telephony, making the Internet the new standard for communications. Cloud9 took the road less traveled and used WebRTC to create a downloadable enterprise-grade communications platform that is changing the communication dynamic in the financial sector. In his session at @ThingsExpo, Leo Papadopoulos, CTO of Cloud9, discussed the importance of WebRTC and how it enables companies to focus...
Internet of @ThingsExpo, taking place November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 19th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devices - comp...
For basic one-to-one voice or video calling solutions, WebRTC has proven to be a very powerful technology. Although WebRTC’s core functionality is to provide secure, real-time p2p media streaming, leveraging native platform features and server-side components brings up new communication capabilities for web and native mobile applications, allowing for advanced multi-user use cases such as video broadcasting, conferencing, and media recording.
DevOps and microservices are permeating software engineering teams broadly, whether these teams are in pure software shops but happen to run a business, such Uber and Airbnb, or in companies that rely heavily on software to run more traditional business, such as financial firms or high-end manufacturers. Microservices and DevOps have created software development and therefore business speed and agility benefits, but they have also created problems; specifically, they have created software sec...
Much of the value of DevOps comes from a (renewed) focus on measurement, sharing, and continuous feedback loops. In increasingly complex DevOps workflows and environments, and especially in larger, regulated, or more crystallized organizations, these core concepts become even more critical. In his session at @DevOpsSummit at 18th Cloud Expo, Andi Mann, Chief Technology Advocate at Splunk, showed how, by focusing on 'metrics that matter,' you can provide objective, transparent, and meaningful f...