Gartner Research

Magic Quadrant for IT Vendor Risk Management Tools

Published: 25 November 2019

ID: G00391415

Analyst(s): Joanne Spencer, Christopher Ambrose

Summary

The market for IT vendor risk management software provides solutions to automate the vendor risk management life cycle. Gartner’s Magic Quadrant helps sourcing, procurement and vendor management leaders evaluate this growing and dynamic market.

Table Of Contents

Market Definition/Description

Magic Quadrant

  • Vendor Strengths and Cautions
    • Allgress
    • CyberGRX
    • Galvanize
    • LogicManager
    • MetricStream
    • NAVEX Global (Lockpath)
    • Ncontracts
    • OneTrust
    • Prevalent
    • ProcessUnity
    • Quantivate
    • RSA
    • SAI Global
    • ServiceNow
    • SureCloud
    • Venminder
  • Vendors Added and Dropped
    • Added
    • Dropped

Inclusion and Exclusion Criteria

  • Inclusion Criteria
  • Exclusion Criteria

Evaluation Criteria

  • Ability to Execute
  • Completeness of Vision
  • Quadrant Descriptions
    • Leaders
    • Challengers
    • Visionaries
    • Niche Players

Context

Market Overview

  • Key Trends Affecting the IT VRM Market

Gartner Recommended Reading

  • Ability to Execute
  • Completeness of Vision

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