Gartner Research

Competitive Landscape: Integrated Risk Management Solutions

Published: 12 April 2018

ID: G00347667

Analyst(s): Elizabeth Kim, John A. Wheeler

Summary

The IRM vendor landscape is dynamic, with a wide range of providers looking to exploit organizations' growing demand for IRM solutions. Technology strategic planners of IRM solution providers must evolve their competitive strategies for this future growth in IRM spending.

Table Of Contents

Analysis

  • Customers Are Moving Toward Integrated Risk Management
  • IRM Solution Market Will Grow, but See Heavy Competition
  • Competitive Situation and Trends
    • Smaller IRM Solution Vendors Are Quicker to Respond to Buyers' Evolving Needs
    • Intuitive User Interface
    • Out-of-the-Box Solutions
    • Cloud-Based Product Architecture
    • Flexible Pricing
    • Better Integration With Third-Party Products
    • Robust Reporting Engine
    • IRM Solution Vendors Expanding Their Capabilities Through Acquisitions
    • Some IRM Vendors Successfully Exploiting Midmarket Opportunities
    • IRM Solution Vendors Look to Support Varying Levels of Risk Maturity Through User and Platform Scalability as Adoption of IRM Solutions Increases
    • Growing Importance of Business Impact Analysis
  • Market Players
  • The Future of Competition
    • Digital Risk Management Will Increasingly Become an Integral Part of IRM
    • IRM Solutions Able to Consume Large Data Volumes Without Foregoing Speed and Performance Will Be Critical
    • Application of AI in IRM Will Provide a Competitive Edge
    • Global Vendors Are Better-Positioned to Address Emerging Markets
  • Competitive Profiles
    • IBM
    • Lockpath
    • LogicManager
    • MetricStream
    • RSA
    • Rsam
    • SAI Global
    • Thomson Reuters
  • References and Methodology
  • Definitions

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