“We believe this recognition is a testament to our mission of helping customers adapt to continuously changing requirements to meet risk objectives,” said Jeff Kushner, Allgress Chief Marketing Officer.
Livermore, CA (PRWEB) October 03, 2019
Allgress, an industry-leading provider of Integrated Risk And Compliance Management solutions for organizations and their business partners today announced it has been chosen as a Challenger in Gartner’s July 2019 “Magic Quadrant for IT Risk Management” based on its ability to execute and completeness of vision. Allgress believes its recognition by Gartner in this Magic Quadrant is further proof that business must depend on automated, integrated risk management solutions to reduce business risk.
The Allgress Insight Risk Management Solutions Suite combines technology, processes and data to enable functionality that automates the complex task of providing visibility and accountability of the entire risk and compliance management process to identify and mitigate business risk before the potential impact of fines or harm to brand reputation.
“We are once again honored to be recognized by Gartner,” said Jeff Kushner, Allgress Chief Marketing Officer. “We believe this recognition is a further testament to our continuing mission to help customers adapt to continuously changing technological, regulatory, best practices and partner requirements to meet risk objectives.”
According to the report authors, Analysts Khushbu Pratap and Brian Reed, “By 2025, 60% of global IT risk management (ITRM) buyers will depend on risk management solutions to aggregate digital risks in their business ecosystem, up from 15% in 2019. Through 2025, 50% of ITRM solutions will evolve to support digital risk management capabilities, including cloud, operational technology (OT), Internet of Things (IoT) and the social media environments of digital businesses, up from less than 30% in 2019.”
Source: Gartner, Magic Quadrant for IT Risk Management, Khushbu Pratap, Brian Reed, 3 July 2019.
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Allgress is a global provider of automated next-generation integrated cloud and on-premise IT Security, Compliance and Risk Management Solutions for organizations and their business partners to meet business objectives with less risk. Allgress solutions enable organizations to automate processes for assessment, reporting, monitoring and remediation of business risks with less complexity and reduced management costs. Unlike other similar solutions, Allgress’ patented award-winning technology allows customers to continuously derive quicker-time-to-value, reducing business risk without an army of consultants.