London, 29 September 2014 – TechNavio, a global tech-focused research firm has announced the publication of its market research report on the Global GRC Platform Market 2014-2018.
About Governance, Risk and Compliance
GRC is an umbrella term used to describe an organization’s approach to governance, risk, and compliance. A GRC solution enables organizations to reinvent themselves, develop a more economical cost structure and increase overall efficiency. The Global GRC Platform Market is forecast to grow at a CAGR of 9.42 percent during the forecast period.
About the Report
The latest report by TechNavio focuses on the increasing number of rules and regulations and tightening global business regulatory environments that are forcing enterprises to turn to GRC platform-based solutions so as to reduce risk and improve the way they operate. Additionally, the report discusses market consolidations, which enables companies to diversify their product portfolio by introducing new products for various industry verticals.
“Mergers and acquisitions, strategic alliances and partnerships are corporate strategies that can help an enterprise grow. They are carried out to increase market share, gain new domain knowledge, enter new markets, reduce operational costs, enhance industry know-how, improve profitability and access new clients. They also increase the market reach of products, thus increasing the top-line revenue,” says Faisal Ghaus, Vice President of TechNavio.
Key Information Covered in the Report:
Market segmentation, size and forecast through 2018
Market Growth Drivers:
- Rigorous Regulatory Environment
- For a full detailed list, view our report.
Market Challenges:
- Fragmented Approach to Risk Management
- For a full detailed list, view our report.
Market Trends:
- Consolidation of Market
- For a full detailed list, view our report.
Key Vendors:
- EMC Corp.
- International Business Machines Corp. (IBM)
- MetricStream Inc.
- NASDAQ OMX Group Inc.
Other Prominent Vendors:
- CMO Compliance
- Enablon
- Jade Software
- MEGA International
https://www.technavio.com/%3Cp%3E%3Ca%20href%3D%22http%3A//www.technavio….
