GRC Viewpoint

Top 10 GRC Solution Providers 2022

Processes for governance, risk management, and compliance are becoming more crucial for efficient corporate operations. Risk to businesses is higher than ever. GRC technologies might be helpful for companies that deal with often changing industry requirements. Data breaches and cyber threats put data at risk and interfere with regular business operations, but they can hurt the firm’s brand and cost the organization a lot of money. Tech-related innovations have given firms new tools for more effective risk management and risk prediction.

All these developments are redirecting the GRC industry toward new heights and better approaches. Proactive risk management solutions are needed if GRC is to succeed in the future. To do this, it is necessary to discover and evaluate new risks utilizing cutting-edge technologies like risk modeling and predictive analytics. Ethical issues become more crucial as we traverse the future of GRC. This entails maintaining a moral compass inside organizational activities in addition to adhering to rules. The development of an ethical and responsible governance culture depends on diversity and inclusion. Organizations may gain from perspectives and ideas by increasing diversity and inclusion in their GRC processes and decision-making.

Governance, Risk, and Compliance (GRC) solutions refer to integrated frameworks that help organizations manage and align their business activities with regulatory requirements, risk management, and overall governance. These solutions aim to streamline processes, enhance decision-making, and ensure compliance with laws and standards. GRC encompasses various components, including internal controls, risk management, audit management, policy management, and compliance management. GRC solutions are increasingly leveraging advanced technologies such as artificial intelligence (AI) and machine learning to automate and enhance risk assessment, compliance monitoring, and decision-making processes. With the growing importance of data privacy and the increasing frequency of cyber threats, GRC solutions are placing a stronger emphasis on cybersecurity measures and ensuring compliance with data protection regulations.

Organizations are moving towards real-time monitoring of risks and compliance issues. GRC solutions now provide more dynamic and instantaneous reporting capabilities, allowing organizations to respond promptly to emerging challenges. Cloud-based GRC solutions are gaining popularity due to their scalability, accessibility, and cost-effectiveness. Cloud deployment enables organizations to access and manage GRC functions remotely while ensuring data security. Given the evolving regulatory landscape, GRC solutions are incorporating features that facilitate efficient tracking and management of regulatory changes. This helps organizations stay abreast of updates and adapt their processes accordingly. GRC is increasingly addressing the cultural and ethical aspects of governance. Organizations are recognizing the importance of fostering a strong ethical culture, and GRC solutions are incorporating tools to assess and reinforce ethical behavior within the corporate environment. GRC solutions are evolving to meet the dynamic challenges faced by organizations in the realms of governance, risk management, and compliance, with a focus on technological integration, realtime capabilities, and adaptability to changing regulatory landscapes.

Itecor is a consulting firm that helps organizations achieve their digital transformation goals. They do this by providing a variety of services, including governance and service management, digital solutions, and quality assurance and testing. Itecor has a team of experienced professionals who are passionate about helping their clients succeed.

NewNet S.A. is a company that specializes in technology risk management and business continuity. They offer a variety of services, including consulting, auditing, and technology solutions. Some of their specific services include: Security consulting, such as gap analysis, penetration testing, and ethical hacking Business continuity planning and disaster recovery Cyber security services, such as vulnerability assessments, security awareness training, and incident response Government, risk, and compliance (GRC) services Network operation center (NOC) and security operation center (SOC) services

BEXTechnology is a technology consulting company that provides various services including cloud solutions, data analytics, cybersecurity, and software development. They are a Microsoft Gold Certified Partner and an AWS Partner. Some of the specific services they offer include disaster recovery, storage and backup, infrastructure in the cloud, and data analysis. They also develop software such as BEXTLabs, which is a suite of solutions for identity and access management.

They offer a variety of services, including cloud, data, cybersecurity, infrastructure, and applications. Baseel has a team of experts with over 500 years of combined experience. They also have a variety of products, such as CityDefend and Certify Platform. Baseel is a UK-based company that serves clients in over 60 countries.

iCentra is a company that helps other businesses transform and succeed. They do this by providing a variety of services, including technology solutions, business consulting, project management, and learning and development. iCentra’s goal is to help their clients achieve superior value and optimize growth.

They provide consulting, management, and technology solutions to government and commercial businesses. They offer a variety of services, including acquisition support, education and training, and environmental engineering. They are a HUBZone-certified, woman-owned small business.

IBSS is a company that provides a variety of services, including cybersecurity, oceans and coasts, climate, weather, and satellite software development and data analytics. They also offer consulting and professional services. IBSS is committed to providing excellent service to their clients and employees. They are a Certified B Corporation, which means that they are a for-profit company that is dedicated to using business as a force for good.

Excers is a company that helps organizations maximize their use of some of today’s leading business and technology solutions. They do this by providing services in such areas as Project Portfolio Management (Clarity PPM), IT Governance, Customer Experience Management (Medallia), Business Intelligence, Business to Business Integration, and Enterprise Architecture.

D3i provides technology consulting services. They help businesses with a variety of tasks, including improving data access, security, and maintenance. D3i also has expertise in specific industries, such as healthcare, real estate, and manufacturing. The article also mentions the importance of collaboration and the challenges of remote work.

Axiom Technology Group is a consulting firm that provides services in digital transformation, big data & analytics, IT services, enterprise contact center, talent solutions, and emerging technologies.