For Security & Risk Professionals

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	August 7, 2006 Overcoming Risk And Compliance Myopia GRC Software Platform Market Landscape by Michael Rasmussen with Laura Koetzle, Sarah Bernhardt, Lauren Sessions	Average: 10  (2 ratings)

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Executive Summary

Organizations confront a complex web of compliance mandates and enterprise risks. Historically, they have treated their risks and compliance initiatives as independent silos that they scatter across distributed business operations around the globe. With increased focus on corporate governance and enterprise risk management, firms need governance, risk, and compliance (GRC) software platforms to drive sustainability, efficiency, and consistency in managing enterprise risk and compliance. The GRC software platform market has grown from $85 million in 2002 to $590 million today, and Forrester projects that it will expand to $1.3 billion by 2011. Today, the GRC software platform market is fragmented and includes 64 vendors — thus, it's ripe both for further specialization of products and consolidation of small vendors.

TABLE OF CONTENTS

• Organizations Struggle With Risk And Compliance
• Getting Glasses: How The GRC Software Platform Helps Firms Regain Control
• The Technical Support That GRC Software Platforms Need To Succeed
• Making Sense Of A Fragmented GRC Software Platform Market
• GRC Software Platforms: The Next Five Years

RECOMMENDATIONS

• Define Your Risk And Compliance Architecture

ALTERNATIVE VIEW

• Growth Continues To Skyrocket If GRC Expands To Business Performance
• Supplemental Material
• Related Research Documents

This is an excerpt

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