I’m sitting in the Denver airport on my way to the RSA conference after just having attended the SAS industry analyst summit in Steamboat Springs. This summit was the first time I’ve had much interaction with SAS, or for that matter, any of the other business analytics vendors — by the way, can I call them risk analytics vendors? My first impression is that SAS certainly has a role to play in meeting the burgeoning demand for risk management solutions. However, it’s questionable as to whether they can fit into the Enterprise GRC Platform market in which many of their competitors are placed. I’m going to puzzle this out with my good colleague Doug McKibben and figure out just how risk analytics and GRC align.
One interesting tidbit — in today’s WSJ there’s a story about how Goldman Sachs in its annual report has listed “adverse publicity” as one of the risks facing its business. At the summit, SAS put a lot of emphasis on its social network analysis solution — so will SNA vendors become reputation risk management vendors? At the summit, SAS didn’t position their SNA solution in this way, but perhaps they and other SNA vendors should.
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