Oxial named in IDC’s latest GRC market report

September 21, 2017

An important element of OXIAL’s marketing communications programme lies in ensuring that key influencers understand both our technology and overall proposition. We believe that our solutions and business model are the benchmark to follow within the GRC industry and we want to convince others of that.

That’s why we are so proud today that we have made encouraging headway in doing just that. IDC is is one of the world’s most important analyst groups, known for its deep understanding of technology and markets, and it has included OXIAL in its latest GRC market report.

GRC – Expanding Threat Landscape Drives Adoption

The IDC report is entitled “Worldwide Governance, Risk, and Compliance Integrated Suites Market Shares, 2016: Expanding Threat Landscape Drives Adoption”, and was compiled by Angela Gelnaw, Senior Research Analyst, Security Products & Solutions at IDC.

We have made huge advances at OXIAL, continually enhancing our product suite and developing our new generation approach to GRC. By adapting a continuous and on-going approach to GRC, the risks to a business can be mitigated much more effectively than traditional approaches, and it is a strategy that is gaining market traction all the time.

“Successful GRC vendors are developing more intuitive and configurable platforms, providing expanded integration and content options, and focusing on user engagement through automated reporting, alerting, and mobile accessibility,” said Angela Gelnaw of IDC.

We work with companies in a variety of different sectors to help mitigate risk and ensure compliance, and to be included in such a prestigious report as this IDC one is a sure sign we are dbuilding momentum. The market for GRC is moving towards a supervised-compliance model and we are one of the vendors leading this change of approach.

For anyone interested in the IDC report (Doc #US42255016, July 2017) it can be found here, or if anyone is interested in learning more about OXIAL and our GRC modules, please get in touch with us here.

Look at our article about our managing risk event.