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Ability to disrupt the Governance Risk and Compliance Technology Market

January 25, 2016 by
Filed under: Governance, Risk and Compliance, IT GRC, Information Security

Ability to disrupt the Governance Risk and Compliance Technology Market
The New Year has started out great for Nasdaq BWise, as we are proud to be recognized as a leader in several independent recent analyst research GRC Platform reports. Gartner’s Operational Risk Management Magic Quadrant came out in December 2015 and now Forrester released their famous GRC platform Wave. Looking at the Forrester graph I am pleased with our position as a leader. Also, looking at the size of our circle nicely shows how many customers have chosen BWise over other vendors for their GRC programs. 


New Dimension: Implementation Success Rate?

We scored high in the completeness of our offering and market presence but wouldn’t it be great if there was a third dimension in the Forrester Wave graph on the Implementation Success Rate? Perhaps someday analysts will ask customers about their experience with GRC software vendors ‘ability to deliver on their promises from the sales phase’. We would love that question to be asked because we see a lot of smoke and mirrors in our market segment.

Executing well in order to disrupt the market

Forrester mentions that Nasdaq BWise could have serious impact on the GRC market when we venture into IT risk and compliance use cases in addition to simpler user interfaces. “If the company executes well, it may be disruptive to the GRC market” Well...our ability to execute is what we are famous for! We have pre-released and will continue to introduce new user interfaces for all our use cases, and our IT risk and compliance solution has been very well received by our existing customers when introduced at the Nasdaq BWise Global Customer Conference. 


Gartner confirms our strong ‘ability to execute’ as they ranked us number 1 for that criteria in their Magic Quadrant. So yes, we expect to disrupt the market with our ability to execute and continuously exceed expectations. To learn more, please have a look at the full Gartner and Forrester report. We offer you complimentary access to these reports!


Tags: GRC, IT GRC

More Information

What is GRC?

Read the definition of Governance, Risk and Compliance


Gartner ORM report

Nasdaq's BWise has been positioned as a Leader in Gartner's Magic Quadrant for Operational Risk Management Report, 2015. 


Forrester report

Forrester positioned Nasdaq BWise as a Leader in New Report, The Forrester Wave™: Governance, Risk, And Compliance Platforms, Q1 2016.


Why BWise

Download the brochure: Three Key Reasons why Hundreds of Customers Rely on Nasdaq BWise.

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