ControlCase Reports 150% Growth in Compliance as a Service (CaaS) Revenues in the United States

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An increase in new sales highlight business demand for flexible web-based compliance and security solutions.

ControlCase, a leading supplier of IT Governance, Risk and Compliance (GRC) software and Compliance as a Service (CaaS) solutions, has reported a dramatic increase in revenues for its Compliance as a Service (CaaS) offering in the United States. In the last twelve months, revenues have increased by 150% for CaaS related solutions.

“The regulatory landscape is constantly evolving, which means that compliance issues have become increasingly prevalent and far more complex to manage; a competency most medium to small sized organizations cannot support in-house. Our CaaS solutions are designed to address this market need. They are easy to implement and can be rapidly deployed with no significant upfront investment required,” said Ashwani Kaul, President at ControlCase Technologies. “Due to the current economic climate, we are committed to developing flexible CaaS solutions which cost effectively provide customers with clear business benefit. Most of our customers want to focus their energy on their business and not on the minutia of compliance and this is where our CaaS service stands out. We are able to provide an organization with dedicated resources, specialist knowledge and industry experience to essentially become its virtual compliance team.”

ControlCase’s CaaS offering leverages the company's expertise in information security and governance, risk management and compliance, to provide services such as compliance issue tracking, vulnerability scanning, penetration and application security testing, sensitive data discovery, firewall security, event logging and monitoring, user access review and vendor risk management. The service is flexible allowing clients to pick and choose solutions depending on their specific needs, which could vary from having access to an online portal to manage compliance initiatives to completely outsourcing their security and compliance responsibilities.

For many companies, using software to manage compliance has become too big a burden on internal resource. By deploying the ControlCase CaaS solution, companies can now avoid using IT staff to oversee what many businesses perceive to be a non-core function. Additional benefits of using Compliance as a Service include:
+ Fast track compliance: the deployment efforts and infrastructure needed to support CaaS is minimal, so companies can become compliant relatively quickly. The hosted software also simplifies the process of demonstrating compliance to regulators;
+ Keep up with regulatory changes: regulations and standards frequently change in major and minor ways. If you are using ControlCase CaaS, all required compliance updates are conduced automatically, eradicating the potential for missing compliance deadlines;
+ Keep costs down: leverage flexible software licensing and support models to better meet business and budgetary requirements. Just like other XaaS solutions, there are very low upfront costs and with subscription based billing, the burden of achieving compliance is lessened;
+ Stay current: analysis of a company’s compliance posture can be conducted on a daily basis and ongoing recommendations can be made to keep pace with the ever-changing security and threat landscape;

About ControlCase

ControlCase is a global provider of software, professional services and CaaS solutions. Its offerings enable organizations to effectively manage their IT Governance, Risk Management and Compliance (IT GRC) efforts. Headquartered in the United States, with offices in Europe, India and the Middle East, ControlCase provides compliance related software and services for companies and government agencies that require a consistent and repeatable means of complying with multiple regulations.

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Hugh Kominars
ControlCase LLC
(703) 483-6383
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