SOURCE: Agiliance Inc.

Agiliance Inc.

October 06, 2011 05:30 ET

Agiliance Receives "Strong Positive" Rating in Leading Analyst Firm's IT GRCM MarketScope Report

Agiliance RiskVision Security and Operational Risk Management Solution Receives Highest Rating Given in MarketScope Report in a Steadily Growing Software Segment

SUNNYVALE, CA--(Marketwire - Oct 6, 2011) - Agiliance® Inc., the leading independent provider of Security and Operational Risk Management solutions for Governance, Risk, and Compliance (GRC) programs, today announced that its Agiliance RiskVision™ platform received the highest possible rating, "Strong Positive", in Gartner's report titled "MarketScope for IT Governance, Risk and Compliance Management"1. A "Strong Positive" rating indicates that a vendor is viewed as a provider of strategic products, services, or solutions; customers continue with planned investments; and potential customers consider the vendor a strong choice for strategic investments. Agiliance was one of 13 vendors evaluated in the report.

Agiliance is at the center of a fast growing software segment. According to the 2011 IT GRCM MarketScope report, "Gartner estimates that the software license revenue for vendors that met our criteria for inclusion in this MarketScope was $198 million for 2010, and we project a growth rate of 40% for 2011". Agiliance has kept step with this growth and its Agiliance RiskVision Release 6 in May 2011 provides a real-time way to manage enterprise risks by making them visible, measureable, and actionable, integrating top-down and bottom-up risk management outlined in the report.

"Agiliance is proud to have received the highest possible rating in Gartner's IT GRCM MarketScope. We believe this recognition reflects our comprehensive coverage of all eight IT GRCM capabilities," said Joe Fantuzzi, president and chief executive officer at Agiliance. "Agiliance RiskVision is not only automating IT governance, risk, and compliance programs, but uniquely is helping cyber organizations manage advanced persistent threats and insider leaks by orchestrating risk classification, business criticality, mitigation, and investment actions across heterogeneous security and IT operations."

According to Gartner's 2011 IT GRCM MarketScope, authored by Gartner vice presidents and distinguished analysts Paul Proctor and Mark Nicolett, "the IT GRCM market benefits organizations that wish to automate and improve existing processes for measuring, managing and reporting IT controls that are ready for automation." The report also captures a new market trend that "puts greater emphasis on technology-related requirements, such as integration and management of automated control data (vulnerability management, security configuration data)."

The Agiliance RiskVision platform

  • Extends traditional IT GRC capabilities by adding business visibility into security risk management, thereby linking organizational functions with security operations.
  • Provides a unified view of organizations' risk posture, offering policy, risk, compliance, incident, and threat / vulnerability management applications in one platform.
  • Combines top-down risk processes with bottom-up risk controls visible by real-time dashboards, enabling usage across business units, operations, security, and IT management.
  • Offers a configuration AppBuilder, a design DashBuilder, and customization scripting, empowering customers and service providers to adapt the platform to their own requirements.
  • Supports a broad ecosystem via an extensive library of 30 purpose-built connectors plus 50 content sources, assuring prior investments are leveraged and best practices are applied.

More information about Agiliance RiskVision is available at http://www.agiliance.com/products/.

MarketScope Disclaimer

The MarketScope is copyrighted 2011 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.

1 Gartner "MarketScope for IT Governance, Risk and Compliance Management", by Paul E. Proctor and Mark Nicolett, September 30, 2011.

About Agiliance

Agiliance, founded in late 2005, is the leading independent provider of Security and Operational Risk Management solutions for Governance, Risk, and Compliance (GRC) programs. Delivered on-demand or on-premise, Agiliance GRC technology minimizes manual auditing through scalable automation to enable closed-loop risk management and continuous compliance. Agiliance customers use real-time risk analysis to optimize business performance and make better investment decisions. Unlike legacy offerings that can take nearly a year to deploy, Agiliance's Global 2000 and public sector customers deploying the Agiliance RiskVision™ platform achieve demonstrable value within 30 days on-demand, and within 90 days on-premise, made possible by Agiliance's extensive library of technology integrations and GRC content. Agiliance RiskVision scales with businesses, effectively managing data, assets, people and processes to achieve 100 percent risk and compliance coverage. For more information, please visit www.agiliance.com.

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