Welcome!

News Feed Item

Independent Research Firm Cites MetricStream as a “Leader” in GRC Platforms

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 has European offices in London, Paris, Basel, and Milan and can be reached at www.metricstream.com.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

Latest Stories
You know you need the cloud, but you’re hesitant to simply dump everything at Amazon since you know that not all workloads are suitable for cloud. You know that you want the kind of ease of use and scalability that you get with public cloud, but your applications are architected in a way that makes the public cloud a non-starter. You’re looking at private cloud solutions based on hyperconverged infrastructure, but you’re concerned with the limits inherent in those technologies.
As enterprise cloud becomes the norm, businesses and government programs must address compounded regulatory compliance related to data privacy and information protection. The most recent, Controlled Unclassified Information and the EU’s GDPR have board level implications and companies still struggle with demonstrating due diligence. Developers and DevOps leaders, as part of the pre-planning process and the associated supply chain, could benefit from updating their code libraries and design by in...
SYS-CON Events announced today that EARP Integration will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. EARP Integration is a passionate software house. Since its inception in 2009 the company successfully delivers smart solutions for cities and factories that start their digital transformation. EARP provides bespoke solutions like, for example, advanced enterprise portals, business intelligence systems an...
SYS-CON Events announced today that Outscale, a global pure play Infrastructure as a Service provider and strategic partner of Dassault Systèmes, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Founded in 2010, Outscale simplifies infrastructure complexities and boosts the business agility of its customers. Outscale delivers a secure, reliable and industrial strength solution for its customers, which in...
SYS-CON Events announced today that Progress, a global leader in application development, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Enterprises today are rapidly adopting the cloud, while continuing to retain business-critical/sensitive data inside the firewall. This is creating two separate data silos – one inside the firewall and the other outside the firewall. Cloud ISVs oft...
As cloud adoption continues to transform business, today's global enterprises are challenged with managing a growing amount of information living outside of the data center. The rapid adoption of IoT and increasingly mobile workforce are exacerbating the problem. Ensuring secure data sharing and efficient backup poses capacity and bandwidth considerations as well as policy and regulatory compliance issues.
The 21st International Cloud Expo has announced that its Call for Papers is open. Cloud Expo, to be held October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, brings together Cloud Computing, Big Data, Internet of Things, DevOps, Digital Transformation, Machine Learning 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 busin...
Internet of @ThingsExpo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with the 21st International Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. @ThingsExpo Silicon Valley Call for Papers is now open.
SYS-CON Events announced today that Interoute has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Interoute is the owner operator of Europe's largest network and a global cloud services platform, which encompasses over 70,000 km of lit fiber, 15 data centers, 17 virtual data centers and 33 colocation centers, with connections to 195 additional partner data centers. Our full-service Unifie...
SYS-CON Events announced today that Twistlock, the leading provider of cloud container security solutions, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Twistlock is the industry's first enterprise security suite for container security. Twistlock's technology addresses risks on the host and within the application of the container, enabling enterprises to consistently enforce security policies, monitor...
Interested in leveling up on your Cloud Foundry skills? Join IBM for Cloud Foundry Days on June 7 at Cloud Expo New York at the Javits Center in New York City. Cloud Foundry Days is a free half day educational conference and networking event. Come find out why Cloud Foundry is the industry's fastest-growing and most adopted cloud application platform.
For financial firms, the cloud is going to increasingly become a crucial part of dealing with customers over the next five years and beyond, particularly with the growing use and acceptance of virtual currencies. There are new data storage paradigms on the horizon that will deliver secure solutions for storing and moving sensitive financial data around the world without touching terrestrial networks. In his session at 20th Cloud Expo, Cliff Beek, President of Cloud Constellation Corporation, w...
In his session at 20th Cloud Expo, Brad Winett, Senior Technologist for DDN Storage, will present several current, end-user environments that are using object storage at scale for cloud deployments including private cloud and cloud providers. Details on the top considerations of features and functions for selecting object storage will be included. Brad will also touch on recent developments in tiering technologies that deliver single solution and an end-user view of data across files and objects...
IBM helps FinTechs and financial services companies build and monetize cognitive-enabled financial services apps quickly and at scale. Hosted on IBM Bluemix, IBM’s platform builds in customer insights, regulatory compliance analytics and security to help reduce development time and testing. In his session at 20th Cloud Expo, Tom Eck, Industry Platforms CTO at IBM Cloud, will discuss how these tools simplify the time-consuming tasks of selection, mapping and data integration, allowing developers ...
DevOps is often described as a combination of technology and culture. Without both, DevOps isn't complete. However, applying the culture to outdated technology is a recipe for disaster; as response times grow and connections between teams are delayed by technology, the culture will die. A Nutanix Enterprise Cloud has many benefits that provide the needed base for a true DevOps paradigm.