WALLDORF, Germany and ISLANDIA, N.Y., July 14 /PRNewswire-FirstCall/ -- In an effort to meet the latest demands within the governance, risk and compliance (GRC) market, SAP AG (NYSE: SAP) and CA Technologies (Nasdaq: CA) today announced they have collaborated to help customers manage risk across their business and IT processes. Leveraging products from CA Technologies with leading GRC applications from SAP will allow IT executives to gain tighter control over their IT risk and compliance initiatives and focus on long-term value creation for the business.
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Today, enterprises around the globe operate IT processes covering areas such as security, availability, infrastructure and IT project management. These processes support the core business processes that organizations use to operate successfully, including procure-to-pay, order-to-cash and hire-to-retire. However, the management of risk and compliance around IT processes, or IT GRC, remains quite distinct and separate from the risk and compliance issues related to business processes. Most organizations manage their IT GRC separately from their enterprise GRC efforts. As a result, they face increased costs and labor efforts from having uncoordinated GRC initiatives. More importantly, they may not be appropriately managing the key IT risks and controls that could cause significant business impact. Critical business decisions cannot be made effectively when IT GRC efforts are not integrated with business GRC initiatives.
"CIOs and IT risk managers when communicating to the CFO must explain IT risks in terms of business performance," according to French Caldwell of Gartner.
Enterprise IT management products from CA Technologies combined with GRC solutions from the SAP® BusinessObjects™ portfolio provide customers with continuous monitoring of IT control and risk metrics. Additionally, an enterprise GRC solution from SAP offers customers a competitive advantage by helping them manage risk across their IT and business processes, thus enabling them to determine potential impact considering both IT and business controls. Potential benefits include the improved ability to:
- Automate and standardize GRC activities with pre-defined workflow and reporting.
- Protect business value through continuous monitoring of both IT and business controls, which helps ensure that risks are managed to a level that is acceptable to the business.
"Most organizations manage their IT GRC separately from the rest of their GRC efforts; this increases cost and risk to the organization," said Dave Hansen, general manager, Management Products and Solutions and Security customer solutions units, CA Technologies. "Our work with SAP helps organizations remove the silos of GRC management by incorporating continuous monitoring of IT risk and compliance metrics into business process risk management."
Initial product focus is on continuously monitoring security, IT project and portfolio management, and assuring service performance. CA Enterprise Log Manager, CA Clarity™ PPM, and CA Wily Application Performance Management can provide content for the SAP® BusinessObjects™ Risk Management and SAP® BusinessObjects™ Process Control applications to map into the IT and business frameworks. This also helps continuously monitor these frameworks so that risk and compliance issues can be identified and mitigated proactively before events occur.
"With SAP's leadership in business applications and CA Technologies IT management leadership, our solution with CA Technologies provides a unique capability to integrate business and IT GRC," said Jim Dunham, group vice president, GRC Solutions, SAP. "By continuously monitoring controls across both the IT and the applications stack, GRC leaders now have the visibility they need to bring business relevance to IT GRC."
This collaboration follows on the heels of a successful reseller agreement that SAP and CA Technologies have had in place since 2008 for CA Wily Application Performance Management and SAP applications.
About CA Technologies
CA Technologies (NASDAQ: CA) is an IT management software and solutions company with expertise across all IT environments – from mainframe and distributed, to virtual and cloud. CA Technologies manages and secures IT environments and enables customers to deliver more flexible IT services. CA Technologies innovative products and services provide the insight and control essential for IT organizations to power business agility. The majority of the Global Fortune 500 relies on CA Technologies to manage evolving IT ecosystems. For additional information, visit CA Technologies at www.ca.com.
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About SAP
SAP is the world's leading provider of business software(*), offering applications and services that enable companies of all sizes and in more than 25 industries to become best-run businesses. With more than 97,000 customers in over 120 countries, the company is listed on several exchanges, including the Frankfurt stock exchange and NYSE, under the symbol "SAP." For more information, visit www.sap.com.
(*) SAP defines business software as comprising enterprise resource planning, business intelligence, and related applications.
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SAP, R/3, mySAP, mySAP.com, xApps, xApp, SAP NetWeaver and other SAP products and services mentioned herein as well as their respective logos are trademarks or registered trademarks of SAP AG in Germany and in several other countries all over the world. All other product and service names mentioned are the trademarks of their respective companies. Data contained in this document serve informational purposes only. National product specifications may vary.
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For customers interested in learning more about SAP products: |
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Global Customer Center: +49 180 534-34-24 |
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United States Only: 1 (800) 872-1SAP (1-800-872-1727) |
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For more information, press only: |
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Jeff Shadid, Burson-Marsteller, +1 (214) 224-8419, [email protected], CDT |
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Simone Kathrin Eiermann, SAP, +49 (6227) 7-67029, [email protected], CET |
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SAP Press Office, +49 (6227) 7-46315, CET; +1 (610) 661-3200, EDT; [email protected] |
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SOURCE SAP AG
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