Welcome!

Agile Computing Authors: Yeshim Deniz, Janakiram MSV, Carmen Gonzalez, Elizabeth White, Liz McMillan

News Feed Item

MetricStream IT GRC Solutions Witness Rapid Adoption as Companies Seek to Integrate Bottom-Up IT Control Processes with Top-Down Risk Intelligence

Leading analyst firm cites MetricStream as a pioneer in the IT GRC products market, and highlights its "strong vertical specific solutions" and "strong IT GRC capabilities around cloud and virtualized environments"

PALO ALTO, Calif., Dec. 13, 2012 /PRNewswire/ -- In today's increasingly virtualized, mobile, and cloudy world, Chief Information Officers (CIOs) and Chief Information Security Officers (CISOs) are confronted with complex challenges around information security, big data management, and compliance with regulations such as SOX, PCI DSS, HIPAA, NERC, FISMA, and ISO 27001. The traditional approach of managing these requirements in multiple silos and systems is not only inefficient and expensive, but also leads to redundancies and conflicts. Today, organizations seek to rationalize and harmonize their IT GRC processes, while also providing top-level visibility into enterprise IT risk and compliance data that can help determine areas of concern, and enable management to make quick, actionable decisions based on sound data points.

MetricStream provides a comprehensive suite of IT GRC solutions that aggregate and unify IT risk and information security and compliance data from across the hyper-extended enterprise. The solutions also help add business context to the data, as well as provide strong analytics capabilities to support mature, risk-oriented security programs.

The MetricStream solutions integrate with various applications – such as those for identity management, asset management, Security Information and Event Management (SIEM), threat and vulnerability assessment, intrusion detection and prevention, and security feeds – to consolidate data related to information security, and technology risks. Powerful dashboards present a real-time, top-level view of this information. The solution also facilitates a robust workflow-based approach to IT audit management and remediation management.

MetricStream IT GRC Solutions were recently reviewed by IDC, a leading provider of global IT research and advice, in its report - "MetricStream: Comprehensive Solutions for IT Governance, Risk, and Compliance[1]." The report highlights MetricStream's "strong intellectual property (IP) portfolio around GRC," its "strong portfolio of IT GRC products that address end-to-end customer requirements," and its "strong partnership with various technology vendors in the security, smart grid, network management, operations, and asset management spaces." The report also highlights MetricStream's "strong IT GRC capabilities around cloud and virtualized environments."

Mayur Sahni, Research Manager, Services at IDC Asia/Pacific says, "Compliance requirements today are non-negotiable, and it's imperative for enterprises to implement a structured, organization-wide approach to IT GRC. MetricStream has a broad set of technologies not only to enforce and implement IT controls, but also to collect and harvest the information required to manage risk and demonstrate governance."

MetricStream IT GRC solutions provide integration capabilities for IT security, cloud, infrastructure, General Computer Controls (GCC), and business application controls. It simplifies compliance across IT regulations, standards, and frameworks by supporting automated monitoring and reporting of IT risk and control effectiveness and provides comprehensive content for meeting compliance challenges, including over 5,000+ IT control statements from over 800+ authority documents through a partnership with UCF, which helps organizations harmonize on the smallest possible set of IT controls to meet all their compliance requirements. The solutions also provide robust IT audit management capabilities, streamlines the IT audit and compliance process, and enable multiple stakeholders to gain visibility into the status of these processes and their results. IT control or compliance issues that arise are automatically routed through a systematic process of investigation and remediation.

With MetricStream's acquisition of vPanorama cloud GRC technology from TBD Networks, the company is able to provide solutions that allow its customers to seamlessly manage risks, regulatory compliance challenges, privacy requirements, security threats, and performance metrics across the cloud & virtualized infrastructure. The technology has augmented MetricStream's IT GRC solutions by providing granular visibility and control over security configuration assessments, continuous controls monitoring, risk management, and threat and vulnerability management. It helps minimize inefficiencies, while enhancing the reliability and performance of the cloud infrastructure.

MetricStream's robust functionality has attracted marquee customers across industry segments, which include some of the largest and most respected companies in social media and Internet information, banking and financial services, healthcare, manufacturing, energy, and retail.

"IT organizations have focused solely on a bottom-up approach so far – implementing granular IT controls based on vulnerability scans, patch, and configuration control data. This approach results in a lot of data but little actionable intelligence," said Vasant Balasubramanian, Vice President of Product Management at MetricStream. "MetricStream combines bottom-up data with a top-down approach and over-arching analytics that correlate information risk, security, compliance, and business issues to provide actionable risk intelligence. Furthermore, with MetricStream's recent acquisition of vPanorama technology, we provide the unique capability of bringing top-down risk intelligence and IT GRC controls to the cloud. We also help enhance business value by closely aligning IT investments with organizational strategy and corporate objectives."

[1] IDC, MetricStream: Comprehensive Solutions for IT Governance, Risk, and Compliance, Doc #IN2672604U, July 2012

About MetricStream

MetricStream is a market leader in Enterprise-wide Governance, Risk, Compliance (GRC) and Quality Management Solutions for global corporations. MetricStream solutions are used by leading corporations such as UBS, P&G, Constellation Energy, Pfizer, Philips, BAE Systems, Twitter, SanDisk, Cummins and Sonic Automotive in diverse industries such as Financial Services, Healthcare, Life Sciences, Energy and Utilities, Food, Retail, CPG, Government, Hi-tech and Manufacturing to manage their risk management, quality processes, regulatory and industry-mandated compliance and corporate governance initiatives, as well as several million compliance professionals worldwide via the www.ComplianceOnline.com portal. MetricStream is headquartered in Palo Alto, California and can be reached at www.metricstream.com.

Media contact:
Mr. Vinay Bapna
[email protected]
650-620-2955

This press release was issued through eReleases® Press Release Distribution. For more information, visit http://www.ereleases.com.

 

SOURCE MetricStream

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@ThingsExpo Stories
Who are you? How do you introduce yourself? Do you use a name, or do you greet a friend by the last four digits of his social security number? Assuming you don’t, why are we content to associate our identity with 10 random digits assigned by our phone company? Identity is an issue that affects everyone, but as individuals we don’t spend a lot of time thinking about it. In his session at @ThingsExpo, Ben Klang, Founder & President of Mojo Lingo, discussed the impact of technology on identity. Sho...
"Operations is sort of the maturation of cloud utilization and the move to the cloud," explained Steve Anderson, Product Manager for BMC’s Cloud Lifecycle Management, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
"I think that everyone recognizes that for IoT to really realize its full potential and value that it is about creating ecosystems and marketplaces and that no single vendor is able to support what is required," explained Esmeralda Swartz, VP, Marketing Enterprise and Cloud at Ericsson, in this SYS-CON.tv interview at @ThingsExpo, held June 7-9, 2016, at the Javits Center in New York City, NY.
The buzz continues for cloud, data analytics and the Internet of Things (IoT) and their collective impact across all industries. But a new conversation is emerging - how do companies use industry disruption and technology enablers to lead in markets undergoing change, uncertainty and ambiguity? Organizations of all sizes need to evolve and transform, often under massive pressure, as industry lines blur and merge and traditional business models are assaulted and turned upside down. In this new da...
Bert Loomis was a visionary. This general session will highlight how Bert Loomis and people like him inspire us to build great things with small inventions. In their general session at 19th Cloud Expo, Harold Hannon, Architect at IBM Bluemix, and Michael O'Neill, Strategic Business Development at Nvidia, discussed the accelerating pace of AI development and how IBM Cloud and NVIDIA are partnering to bring AI capabilities to "every day," on-demand. They also reviewed two "free infrastructure" pr...
With major technology companies and startups seriously embracing IoT strategies, now is the perfect time to attend @ThingsExpo 2016 in New York. Learn what is going on, contribute to the discussions, and ensure that your enterprise is as "IoT-Ready" as it can be! Internet of @ThingsExpo, taking place June 6-8, 2017, at the Javits Center in New York City, New York, is co-located with 20th Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry p...
It is one thing to build single industrial IoT applications, but what will it take to build the Smart Cities and truly society changing applications of the future? The technology won’t be the problem, it will be the number of parties that need to work together and be aligned in their motivation to succeed. In his Day 2 Keynote at @ThingsExpo, Henrik Kenani Dahlgren, Portfolio Marketing Manager at Ericsson, discussed how to plan to cooperate, partner, and form lasting all-star teams to change the...
SYS-CON Events announced today that delaPlex will exhibit at SYS-CON's @CloudExpo, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. delaPlex pioneered Software Development as a Service (SDaaS), which provides scalable resources to build, test, and deploy software. It’s a fast and more reliable way to develop a new product or expand your in-house team.
SYS-CON Events announced today that IoT Now has been named “Media Sponsor” of SYS-CON's 20th International Cloud Expo, which will take place on June 6–8, 2017, at the Javits Center in New York City, NY. IoT Now explores the evolving opportunities and challenges facing CSPs, and it passes on some lessons learned from those who have taken the first steps in next-gen IoT services.
SYS-CON Events announced today that WineSOFT will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Based in Seoul and Irvine, WineSOFT is an innovative software house focusing on internet infrastructure solutions. The venture started as a bootstrap start-up in 2010 by focusing on making the internet faster and more powerful. WineSOFT’s knowledge is based on the expertise of TCP/IP, VPN, SSL, peer-to-peer, mob...
The explosion of new web/cloud/IoT-based applications and the data they generate are transforming our world right before our eyes. In this rush to adopt these new technologies, organizations are often ignoring fundamental questions concerning who owns the data and failing to ask for permission to conduct invasive surveillance of their customers. Organizations that are not transparent about how their systems gather data telemetry without offering shared data ownership risk product rejection, regu...
The Internet of Things can drive efficiency for airlines and airports. In their session at @ThingsExpo, Shyam Varan Nath, Principal Architect with GE, and Sudip Majumder, senior director of development at Oracle, discussed the technical details of the connected airline baggage and related social media solutions. These IoT applications will enhance travelers' journey experience and drive efficiency for the airlines and the airports.
With billions of sensors deployed worldwide, the amount of machine-generated data will soon exceed what our networks can handle. But consumers and businesses will expect seamless experiences and real-time responsiveness. What does this mean for IoT devices and the infrastructure that supports them? More of the data will need to be handled at - or closer to - the devices themselves.
SYS-CON Events announced today that Dataloop.IO, an innovator in cloud IT-monitoring whose products help organizations save time and money, has been named “Bronze Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Dataloop.IO is an emerging software company on the cutting edge of major IT-infrastructure trends including cloud computing and microservices. The company, founded in the UK but now based in San Fran...
Big Data, cloud, analytics, contextual information, wearable tech, sensors, mobility, and WebRTC: together, these advances have created a perfect storm of technologies that are disrupting and transforming classic communications models and ecosystems. In his session at @ThingsExpo, Erik Perotti, Senior Manager of New Ventures on Plantronics’ Innovation team, provided an overview of this technological shift, including associated business and consumer communications impacts, and opportunities it m...
In his keynote at @ThingsExpo, Chris Matthieu, Director of IoT Engineering at Citrix and co-founder and CTO of Octoblu, focused on building an IoT platform and company. He provided a behind-the-scenes look at Octoblu’s platform, business, and pivots along the way (including the Citrix acquisition of Octoblu).
"delaPlex is a software development company. We do team-based outsourcing development," explained Mark Rivers, COO and Co-founder of delaPlex Software, in this SYS-CON.tv interview at 18th Cloud Expo, held June 7-9, 2016, at the Javits Center in New York City, NY.
SYS-CON Events announced today that CA Technologies has been named “Platinum Sponsor” of SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY, and the 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. CA Technologies helps customers succeed in a future where every business – from apparel to energy – is being rewritten by software. From ...
SYS-CON Events announced today that Fusion, a leading provider of cloud services, will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Fusion, a leading provider of integrated cloud solutions to small, medium and large businesses, is the industry’s single source for the cloud. Fusion’s advanced, proprietary cloud service platform enables the integration of leading edge solutions in the cloud, including cloud...
SYS-CON Events announced today that Cloud Academy will exhibit at SYS-CON's 20th International Cloud Expo®, which will take place on June 6-8, 2017, at the Javits Center in New York City, NY. Cloud Academy is the industry’s most innovative, vendor-neutral cloud technology training platform. Cloud Academy provides continuous learning solutions for individuals and enterprise teams for Amazon Web Services, Microsoft Azure, Google Cloud Platform, and the most popular cloud computing technologies. Ge...