Pune, India -- (SBWIRE) -- 08/20/2019 -- Global Enterprise Governance, Risk and Compliance (EGRC) Market Synopsis:
Enterprise Governance, Risk and Compliance (EGRC) Market report studies the Global EGRC Market over the forecast period of 2019 to 2023. This Report covers the manufacturers data, including: shipment, price, revenue, gross profit, interview record, business distribution etc., these data help the consumer know about the competitors better. This report also covers all the regions and countries of the world, which shows a regional development status, including market size, volume and value, as well as price data.
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The Global "Enterprise Governance, Risk and Compliance (EGRC) Market" research 2019 highlights the major details and provides in-depth analysis of the market along with the future growth, prospects and Industry demands analysis explores with the help of complete report with 90 Pages, figures, graphs and table of contents to analyze the situations of global EGRC Market and Assessment to 2023.
In eGRC Market Report, Competitive analysis or competitor study includes detailed information of manufacturer's business models, strategies, revenue growth and all the data required that would benefit the person conducting the market research. For new investors and business initiatives market research is a must as it gives them a direction and a plan of action to move forward keeping in mind their competitors.
The major factors responsible for the market growth include the growing need to meet stringent compliance mandates, get a holistic view of policy, risk and compliance data, and increasing data and security breaches. Moreover, the integration of Artificial Intelligence (AI) and blockchain technologies with Governance Risk Compliance (GRC) solution to provide opportunities for the market growth.
Implementation of stringent regulations by governments across various verticals such as BFSI, telecom/IT, retail, and consumer goods has necessitated organizations to adopt enterprise Governance, Risk and Compliance (GRC) solutions that fulfill the need for compliance, audit, and risk management, among others.
eGRC Market Market Covers the Table of Contents With Segments, Key Players And Region. Based on Product Type, eGRC Market is sub segmented into Audit Management, Risk Management, Business Continuity, Compliance and Policy Management, Information Security and Data Management. On the Basis of Application, Market is sub segmented into Aerospace and Defense, Automotive, Consumer Goods and Retail, Healthcare and Life Sciences, ITES and Telecom.
Financial services firms grapple with mounting challenges, IBM Think 2019 has been a source of big ideas to solve these challenges. In particular, next generation governance, risk and compliance has been a key topic with sessions focused on how advanced technologies such as AI, advanced analytics and cloud deliver innovative financial services solutions.
Next-generation GRC solutions offer the potential to ensure compliance with evolving regulations through transformative business capabilities. They can help organizations coordinate their GRC-related activities across diverse business operations and multiple geographies while ensuring adherence to company policies. The best of these solutions seamlessly integrates domain-specific content and technologies with artificial intelligence and advanced analytics, thereby enhancing efficiency, profitability and competitive advantage.
In a case study presentation titled, "Managing IT Risk with IBM OpenPages with Watson 8.0 in the Cloud", Bob Shapiro, IBM senior Offering Manager, spoke to how the IBM Global Technology Services team deployed IT risk identification, management and monitoring on OpenPages 8 in the cloud. It was pointed out that the solution was deployed within days and has enabled ease of information collection, control testing and IT risk measurement through a new streamlined self-assessment solution. Quoting the project lead, Sergey Makogon, of the IBM GTS Regulatory and Risk management team: "It was very impressive to see things done in a matter of hours that usually require months of going back and forth."
Watson was also center stage at Think and a breakout session titled "Watson at Work," showcased an end-to-end cyber risk and regulatory compliance framework that is helping firms to keep pace with regulatory change and ensure appropriate controls are in place. The speakers – which included Heather Gentile and Christophe Delaure of IBM's Offering Management, team as well as Kevin Hayes of Promontory Financial Group, demonstrated IBM's Watson Regulatory Compliance ability, which is an AI assisted solution for understanding applicable changing to regulatory obligations and cyber risk management guidelines.
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Major Players profiled in the EGRC Market report incorporate: SAP SE, International Business Machines, Dell, Wolters Kluwer, Oracle, Metric Stream, Deloitte Touche Tohmatsu, Fidelity National Information Services, Thomson Reuters, SAI Global, Bwise
Region segment: This report is segmented into several key regions, with sales, revenue, market share (%) and growth Rate (%) of EGRC in these regions, from 2014 to 2023 (forecast), covering: North America, Europe, Asia Pacific, Middle East & Africa and South America.
Report contents include
1 Analysis of the EGRC Market including revenues, future growth, market outlook
2 Historical data and forecast
3 Regional analysis including growth estimates
4 Analyzes the end user markets including growth estimates.
5 Profiles on EGRC including products, sales/revenues, and market position
6 Market structure, market drivers and restraints.
Major Points in Table of Contents:
Table of Contents
Table of Contents
Section 1 Enterprise Governance, Risk and Compliance (EGRC? Product Definition
Section 2 Global Enterprise Governance, Risk and Compliance (EGRC? Market Manufacturer Share and Market Overview
2.1 Global Manufacturer Enterprise Governance, Risk and Compliance (EGRC? Shipments
2.2 Global Manufacturer Enterprise Governance, Risk and Compliance (EGRC? Business Revenue
2.3 Global Enterprise Governance, Risk and Compliance (EGRC? Market Overview
Section 3 Manufacturer Enterprise Governance, Risk and Compliance (EGRC? Business Introduction
3.1 SAP SE Enterprise Governance, Risk and Compliance (EGRC? Business Introduction
3.1.1 SAP SE Enterprise Governance, Risk and Compliance (EGRC? Shipments, Price, Revenue and Gross profit 2014-2018
3.1.2 SAP SE Enterprise Governance, Risk and Compliance (EGRC? Business Distribution by Region
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