Software AG Named in the Leaders Quadrant for Enterprise Governance, Risk and Compliance Platforms
October 11 2012 - 8:00AM
Business Wire
Software AG today announced it was positioned by Gartner,
Inc., a leading industry analyst firm, in the Leaders Quadrant of
the recently published Magic Quadrant for Enterprise Governance,
Risk and Compliance Platforms1. Software AG’s
GRC solution combines Business Process Analysis (BPA)
with audit-proof workflows, turning risk and compliance management
into a strategic management tool. It helps enterprises
comprehensively manage their compliance activities and
analyze/assess operational risks.
“We appreciate Gartner’s recognition by naming us a ‘Leader’
within the enterprise governance, risk and compliance platform
market,” said Ivo Totev, Chief Marketing Officer and member of the
Group Executive Board, Software AG. “We believe we take an
innovative approach to the market by designing products essential
for businesses faced with GRC issues. We understand the market and
the importance of business performance and strive to help
organizations reach their goals faster, more efficiently and cost
effectively.”
Software AG’s GRC solution takes advantage of its ARIS Platform
to enable enterprises to plan, visualize and evaluate processes,
applications and data through a central repository. The solution
uses one unified repository across all different risk and
compliance areas. All data concerning risk assessments, control
testing, survey and audits are stored in a single database,
reducing redundancy and ensuring consistency in data and
reports.
According to Gartner, “Reporting and managing through a single
platform potentially gives executives, auditors and managers a
holistic view of the enterprise’s risk and compliance postures, as
well as views sorted by requirement, entity and geography.”
At the core of Software AG’s GRC solution is ARIS Risk and
Compliance Manager, which takes a process-focused approach to GRC.
With this product businesses can analyze and assess risks,
automatically escalate issues for resolution and update management
via an up-to-the-minute dashboard.
ARIS Risk and Compliance Manager offers a new module for audit
management which delivers support for handling work papers and
scheduling audit-related tasks, time management and reporting
throughout the audit phases of planning, preparation, execution and
reporting. The enhanced policy management workflow can be adapted
to a company’s requirements to gain confirmation from the
appropriate people that policies have been applied. In combination
with webMethods Business Events, a Complex Event Processing (CEP)
product, enterprises will gain a real-time view of what’s happening
across their business.
For more information on Software AG’s GRC solution, visit the
company’s GRC Lounge.
Analyst reports are available at
www.softwareag.com/recognition.
About the Gartner Magic Quadrant
Gartner does not endorse any vendor, product or service depicted
in our research publications, and does not advise technology users
to select only those vendors with the highest ratings. Gartner
research publications consist of the opinions of Gartner’s research
organization and should not be construed as statements of fact.
Gartner disclaims all warranties, expressed or implied, with
respect to this research, including any warranties of
merchantability or fitness for a particular purpose.
About Software AG
Software AG is the global leader in Business Process Excellence.
Our 40 years of innovation include the invention of the first high-
performance transactional database, Adabas; the first business
process analysis platform, ARIS; and the first B2B server and
SOA-based integration platform, webMethods; and the pioneering of
big data technology with Terracotta’s BigMemory.
We offer our customers a variety of end-to-end solutions that
deliver low total cost of ownership and high ease-of-use. Our
industry-leading brands, ARIS, webMethods, Adabas, Natural,
CentraSite, Terracotta and IDS Scheer Consulting, represent a
unique portfolio encompassing: process strategy, design,
integration and control; SOA-based integration and data management;
efficient management of big data; process-driven SAP
implementation; and strategic process consulting and services.
Software AG had revenues of €1.1 billion in 2011 and has more
than 5,500 employees serving approximately 10,000 enterprise and
public institution customers across 70 countries. Our comprehensive
software and services solutions allow companies to continuously
achieve their business results faster. Software AG is headquartered
in Germany and listed on the Frankfurt Stock Exchange (TecDAX, ISIN
DE 0003304002 / SOW).
Software AG - Get There Faster
Detailed press information about Software AG, including a
picture and multimedia database is available at:
www.softwareag.com/press
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1 Gartner, Inc., “Magic Quadrant for Enterprise Governance, Risk
and Compliance Platforms” by French Caldwell and John A. Wheeler,
October 4, 2012
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