- Forrester Councils
- Councils Overview
- log in
Posted by Chris McClean on November 30, 2011
After months of diligent product and vendor evaluations, today we published The Forrester Wave: Enterprise GRC Platforms, Q4 2011. In the next few days, we will also publish The Forrester Wave: IT GRC Platforms, Q4 2011. These two reports feature a total of 20 vendors, all with proven capabilities to help customers tackle their continuously mounting regulatory challenges and manage their complicated risk profiles.
Why two Forrester Waves?
Governance, risk, and compliance functions within large and medium enterprises demonstrate tighter collaboration all the time... audit is working more closely with risk, and compliance programs are consolidating under more centralized control. However, Forrester still sees a gap between the requirements of those responsible for IT risk and compliance and the requirements of those managing risk and compliance outside of IT. No doubt, there is often substantial overlap between these groups, and many of the vendors evaluated have customers using their products to supports both IT and enterprise GRC functions. You’ll notice that of the roughly 60 evaluation criteria for each Wave, there are only 3-4 that differ between them. For now though, they remain basically two distinct markets.
So, what did we learn from the countless hours of briefings, demos, customer surveys, and other research we did for this Wave?
On that last point, and one general comment about these Waves: GRC takes so many forms from one organization to the next, that you shouldn’t simply look at the Wave graphic and assume to know the top 3-4 vendors that will serve your needs. All of the vendors in these reports have strong capabilities and great customer success stories, so depending on what you want out of your GRC (or corporate compliance, or enterprise risk management, or audit management, etc.) program, any of these vendors may be worth considering. Take a look at the spreadsheet linked within the Wave reports for a very detailed explanation of how each vendor scored for each of the nearly 60 criteria we used. If that doesn’t give you what you need, contact me... I have mountains of data on these and other vendors that did not show up in this report.
Finally, a big thanks to all the vendors that participated. This is a rigorous process, and they all did very well to meet our demanding project deadlines and requirements.
Lead BT Transformation
Develop customer-obsessed strategies to drive growth »
Forrester's CX Index
Predict how actions to improve CX will affect revenue performance.
Measure the customer experiences that matter most »