Gartner IT GRC Predictions

I just had a chance to take a look at some recent research put out by Gartner on the IT Governance, Risk & Compliance Management space (IT-GRC).

They do an artful job laying out the customer desired capabilities and scoping the size of the market opportunity.

A couple key points to soak in:

• IT GRCM products provide functions that address needs expressed by 75% of the Gartner client base.
• Gartner estimates that software license revenue for vendors...was $73million for 2007, and we project a growth rate of 70% for 2008.
  

This reinforces previous posts with hard numbers that 2008 is indeed the year of IT Risk Managment. Here are links to those previous posts...

• 2008 - The Year of IT Risk Management
• 2008 - The Year of IT Risk Management, Part 2 - Rise of IT GRC
• 2008 - The Year of IT Risk Management, Part 3 - More and more GRC oriented predictions

I highly recommend heading up to Gartner's website and reading each report;

• MarketScope for IT Governance, Risk and Compliance Management, 2008
• Critical Capabilities for IT GRCM Tools

Then come take a look at how Securityworks can help solve your IT-GRC needs by accomplishing those defined needs and capabilities.