Gartner Blog Network

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4 Reasons Why GRC Is a Useless Term

by John A. Wheeler  |  March 6, 2019

It has been 5 years since Gartner embarked on the journey to enhance our coverage of the risk management technology marketplace. That journey included in-depth survey research and countless interactions with our end-user clients to understand their need to better manage strategic, operational and IT/cybersecurity risks. These end-user needs and resulting demand led to the […]

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IRM Market Visionaries and Challengers Join Forces to Battle Leaders

by John A. Wheeler  |  February 11, 2019

In the span of a week, the integrated risk management (IRM) technology market has experienced significant consolidation. Four vendors from Gartner’s inaugural 2018 IRM Magic Quadrant have joined forces to evolve their legacy governance, risk and compliance (GRC) offerings to better compete in the IRM market (see figure below). Last Monday, market challenger ACL announced the acquisition […]

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IRM Is Essential for Digital Transformation Success

by John A. Wheeler  |  December 18, 2018

Last week, I had the distinct privilege to join my Gartner colleagues from our Risk Management Leadership Council in presenting the Q4 2018 Emerging Risk Report. We hosted more than 500 risk leaders across the globe in our exploration of the most critical risks. The Q4 2018 Emerging Risks Survey, designed by Gartner, captures and analyzes senior […]

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Why Leading Software Vendors Are Dumping GRC for IRM

by John A. Wheeler  |  November 29, 2018

One of the most common questions I receive from software vendors has to be “what’s the difference between governance, risk and compliance (GRC) and integrated risk management (IRM) solutions?” Gartner has been publishing research about integrated risk management (IRM) for the past two years. While the software end-user community is excited about IRM rather than outdated GRC solutions, some […]

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What Ever Happened to GRC?

by John A. Wheeler  |  November 12, 2018

In our ongoing coverage of Integrated Risk Management (IRM) technology and service providers, the relevance and frequency of client inquiry related to Governance, Risk & Compliance (GRC) continues to decline. In 2017, 28% of our relevant client inquiry related to GRC topics. This year, the percentage of GRC client inquiry has slipped to just 15%. […]

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Recent Cyber Attacks Demonstrate Why IRM is Critical for ERM Success

by John A. Wheeler  |  October 12, 2018

In the last few weeks, several global shipping ports have been targeted with major cyber attacks. Ports in San Diego, California and Barcelona, Spain experienced significant business disruption as a result of ransomware. Land operations such as loading/unloading of boats as well as other related business services were halted for days while the technology groups […]

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GDPR Requires IRM For Fast and Effective Response

by John A. Wheeler  |  September 14, 2018

This week, Gartner hosted its annual Security & Risk Management Summit in London and the buzz at the event centered on the new risks associated with the General Data Protection Regulation (GDPR). The discussion was fueled by the recent cyber attack experienced by British Airways (BA). BA disclosed the data breach just prior to our […]

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Innovative IRM Solutions Disrupt Outdated GRC Market

by John A. Wheeler  |  August 17, 2018

Gartner published its inaugural Magic Quadrant for Integrated Risk Management (IRM) several weeks ago and feedback from end-user customers has been overwhelmingly positive. What is most noteworthy is the shift away from the old, monolithic governance, risk and compliance (GRC) software platforms. As CEOs and senior executives continue to invest in risk management technology to keep pace […]

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2 Success Factors Every Top IRM Tech Solution Must Deliver

by John A. Wheeler  |  June 29, 2018

Have you ever been driving your car down the road when you notice the ride is bumpier than usual? Or perhaps, the car strangely veers to the right or the left? These signs point to the fact that your wheels are not balanced and aligned properly. The same can occur for integrated risk management (IRM) […]

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Are You Ready for Some IRM? Gartner’s 2018 Security & Risk Summit Events Span the Globe

by John A. Wheeler  |  April 30, 2018

It’s that time of year again! Preparations for our upcoming global summit events are at a fever pitch. A central theme for this year’s summit is how integrated risk management (IRM) can improve overall resilience to withstand a major cyber attack. “Cybersecurity Redefined in the Digital Era” describes how an IRM strategy must incorporate system assurance, business continuity and […]

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