Press Release
Agiliance Rated "Strong Positive" in Leading Analyst Firm's IT-GRCM MarketScope
San Jose, Calif. April 23, 2009 – Agiliance Inc., the leader in integrated Governance, Risk and Compliance, today announced the company received the highest possible rating, "Strong Positive," in Gartner's April 2009 MarketScope for IT Governance, Risk and Compliance Management (IT-GRCM)1. Agiliance was one of ten vendors evaluated on key requirements for the quickly growing IT-GRCM space, including market understanding, customer experience, product strategy, sales execution and operations.
According to Gartner, "the IT governance, risk and compliance management (IT-GRCM) market is comprised of vendors that provide software products that help organizations proactively measure and manage their IT technology and process controls." Moreover, "the functions IT GRCM products provide address needs expressed by a majority of the Gartner client base."
Agiliance, an award winning company and recognized front runner in the IT-GRC space, is trusted by industry leaders to solve their most pressing GRC-related issues including compliance automation, vendor risk management, privacy assessment, mission assurance, and enterprise risk management. By leveraging the power of Agiliance RiskVision™, the leading "out-of-the box" IT-GRC solution, businesses are quickly gaining value from their risk and compliance efforts with fewer audit failures, improved leverage of resources, faster decision-making, and better visibility into future risk.
"Agiliance takes pride in helping its rapidly expanding base of global customers achieve success in addressing today's complex GRC challenges," said Mark Lockareff, CEO of Agiliance. "We are excited to receive the 'Strong Positive' rating in Gartner's IT-GRCM MarketScope and believe it confirms the market demand for IT-GRC solutions that can be quickly deployed without extensive customization."
Agiliance RiskVision is a highly automated, "out-of-the-box" IT-GRC solution with very low total cost of ownership and quick time to value. Agiliance RiskVision is easy-to-deploy, requires no custom coding and simple to upgrade – making it ideal for businesses with constrained IT resources or those not wanting to invest in a proprietary solution.
To help companies understand the evaluation criteria utilized in the Gartner IT-GRCM MarketScope and RiskVision product key strengths, Agiliance has released a new on-demand webcast that explains why leading companies choose Agiliance to address complex IT-GRC issues, streamline processes and cut unnecessary overhead.
About the Gartner MarketScope
The MarketScope is copyrighted 2009 by Gartner, Inc. and is reused with permission. The MarketScope is an evaluation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the MarketScope, and does not advise technology users to select only those vendors with the highest rating. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
1Gartner "MarketScope for IT Governance, Risk and Compliance Management, 2009" by Paul E. Proctor, Mark Nicolett, April 13 2009.
About Agiliance
Agiliance offers highly-automated and integrated GRC software solutions designed to help organizations thrive in the face of mounting pressures to manage and balance risk, compliance and IT budgets. By leveraging the power of Agiliance software, global 2000 businesses in the financial, healthcare, energy, government and technology markets are making impressive gains in their IT risk and compliance efforts - including reduced audit burden, increased visibility into current compliance and risk status, and improved leverage of IT resources. Agiliance is headquartered in San Jose, California and is backed by Walden International, Intel Capital, SVIC, Red Rock Ventures and Castile Ventures. For more information, please visit www.agiliance.com.
Media Contacts
Courtly Stevens
Ventana Public Relations
(925) 631-0188
courtly.stevens@ventanapr.com