If you have been reading Gartner and Paul Proctor’s blog, you may have heard that Gartner has changed up their plan for GRC research in 2014. Rather than create an overarching Enterprise GRC Magic Quadrant, they are focusing on several individual GRC use cases. The first of many of these new reports is now out! RSA Archer continues to be a GRC leader. EMC-RSA has been positioned as a Leader in the IT Vendor Risk Management Magic Quadrant! You can download the report here.
For this Magic Quadrant, Gartner analysts Christopher Ambrose, Kris Doering, and Gayla Sullivan evaluated 10 enterprise-class IT Vendor Risk Management solutions and their criteria focused on two primary areas – the organization’s Ability to Execute and Completeness of Vision.
According to Gartner, the demand for IT Vendor Risk Management solutions is being driven by high-profile IT service provider failures, increasing rollout of enterprise risk management programs, and the number of third parties that access regulated information. In addition, if we look at the 2014 Global Outsourcing and Insourcing Survey from Deloitte, it finds that 74% of organizations do not currently have adequate tools and processes to manage their vendor portfolios and 62% believe their vendor management organizations are inadequately staffed.
Leaders in this Magic Quadrant have a clear understanding of the IT VRM market's needs and deliver solutions that are functionally robust, use emerging technologies and delivery models, and receive high marks from customers. They are able to deliver IT VRM solutions that integrate with broader GRC platforms and other security, risk and vendor management applications. With over 950 customers and over 11,500 RSA Archer Community members, RSA Archer maintains a strong and active community of users who exchange best practices.
We are proud of our strengths and will continue improve not only from these analyses, but also from our regional user groups and our continuous engagement with our valued customers. Contact firstname.lastname@example.org if you would like more information.
This graphic was published by Gartner, Inc. as part of a larger research document and should be evaluated in the context of the entire document. The Gartner document is available upon request from EMC. Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.