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Hypatia Research Group Publishes “Enterprise Governance, Risk & Compliance: Best Practices, Maturity Models and 2014 ProductMatrix Vendor Evaluations”
Date:7/22/2014

global GRC market through survey and customer ROI evaluations, Hypatia Research believes that the GRC software segment has a great potential to benefit not only ease in passing audits, but to support corporate performance management goals.”

Research Approach
Hypatia Research surveyed 664 global GRC practitioners and executives directly involved with GRC processes, audits and decision-making on the following facets of their deployments. Our analysis of those that actually utilize, recommend, influence, hold budget or veto power over the purchase of enterprise GRC software provides contrarian insight into how and why large organizations:

  •     Invest in GRC software solutions—and how much is budgeted through 2016
  •     Measure productivity and effectiveness of GRC initiatives and how often?
  •     Prioritize software selection criteria?
  •     How are specific GRC initiatives prioritized?
  •     What percent of company revenues are committed to GRC, and when is ROI expected?
  •     Which vendors and consulting firms were evaluated?

Survey Respondent Profiles
Respondents operate primarily in Europe (41.5%) with healthy representation from Asia Pacific (32.4%), and North America (26.1%) regions. Among the 664 respondents, the organizations were divided among SMBs (8%) with revenues under $100 million, mid-market (34.6%) and large enterprises (57.5%) with $2 billion or more in revenues. More demographic information at: Convergence of GRC.

About
Industry analyst and market research firm Hypatia Research Group delivers high impact market intelligence, industry benchmarking, best practice, maturity model and vendor selection research for how businesses use software technology, professional services and management consulting
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