About this time last year, I had the pleasure of reporting on RSA's placement as a Leader in the Gartner Magic Quadrant for Operational Risk Management. Well, I'm very happy to report that RSA has done it again: Gartner has placed RSA Archer in the Leaders Quadrant of the Magic Quadrant for Operational Risk Management which was published in December 2015.
This is the first of several reports that will be published by Gartner in the coming months as part of their integrated "OneGRC" research program. Gartner's OneGRC program adheres to a use case based methodology for reviewing GRC technology as opposed to their historical all-encompassing Enterprise GRC Magic Quadrant approach. The placement of RSA Archer in the Leaders Quadrant in this year's Magic Quadrant report extends last year's placement as a Leader for Operational Risk Management and we believe demonstrates continued momentum in GRC and operational risk.
Gartner uses our customers' reviews of RSA Archer technology capabilities as part of their evaluation process along with other criteria. So, thanks to all of you that took time to participate in this year's survey. We truly appreciate you spending your valuable time to share your thoughts and experiences with the Gartner team!
We value Gartner's insight on changes in the practice of risk management because they interact with so many organizations around the world regarding risk management program activities. Of particular interest to us this year is Gartner's observation that "Chief risk officers and information security officers are seeking to integrate their GRC software solutions to gain a more holistic view of risk across the enterprise." We, too, are hearing this from our customers and see it in analyses via Enterprise Risk Management (ERM) surveys. Organizations globally seem to be moving toward ERM. In fact the practice of ERM has reached critical mass. Why is this? Perhaps as EY reported this year, companies in the top 20% for risk maturity generated three times (3x) the level of EBITA than those in the bottom 20%!
If your organization is in the process of of enhancing its Operational Risk Management program maturity or testing the ERM waters, I encourage you to reach out to our team and learn more about our Operational Risk Maturity Model Assessment program.
Interested in seeing more details from the Gartner Magic Quadrant for Operational Risk Management? We've made the report available here and encourage you to share it with your colleagues and management team.
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 RSA. 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.