BOSTON, Oct. 3, 2017 /PRNewswire/ -- LogicManager has been named the 2017 Company of the Year and a Technology Leader in the global governance, risk management, and compliance (GRC) market by Quadrant Knowledge Solutions. Quadrant's Best Practice Research Team analyzed the offerings of leading GRC software vendors with an integrated solution. LogicManager placed first among these solutions, with best-in-class strategy implementations driven by global megatrends and industry transformation.
In Quadrant's report, Market Outlook: Governance, Risk & Compliance (GRC), 2017- 2022, Worldwide, the firm identified the top three GRC vendors. LogicManager earned the highest Company of the Year score, based on their strategy, business and growth (SBG) performance, and industry impact.
Company of the year Evaluation |
SBG Index |
Industry Impact |
Average Score |
Weightage |
50% |
50% |
100% |
LogicManager |
8.9 |
8.2 |
8.55 |
SAI Global |
8.5 |
8.2 |
8.35 |
LockPath |
8.1 |
7.8 |
7.95 |
1=Poor, 10=Excellence |
|||
Source: Market Outlook: Governance, Risk & Compliance (GRC) Platform, 2017- 2022, Worldwide. Quadrant Knowledge Solutions. |
"This recognition is a testament to our company's commitment to innovation and providing real value to our users," says Steven Minsky, CEO of LogicManager. "We are honored to be recognized as thought leaders and disrupters in our industry."
Traditionally, organizations have used multiple point solutions to manage departmental risks, such as IT risk management, compliance management, and vendor management. However, the GRC market landscape is changing. An integrated solution with a single framework is needed to monitor and manage risks across the enterprise.
"LogicManager is well recognized for delivering a strong customer ownership experience with its risk-based, user friendly, and flexible GRC software platform," said Piyush Dewangan, Industry Research Manager at Quadrant Knowledge Solutions. "The company supports diverse use cases across industry verticals and offers a wide range of resources, tools, industry-specific templates, and plugin content to support evolving needs of customers."
LogicManager uniquely enables organizations to maximize performance and protect their employees, customers, and investors. The company provides centralized taxonomy technology to define risks and relationships across departments and levels, a Software-as-a-Service platform for best-in-class flexibility, and unlimited support with a 90-day satisfaction guarantee to ensure continuous success.
About LogicManager
LogicManager believes performance is a result of effective risk management. LogicManager's GRC software empowers organizations to uphold their reputation, anticipate what's ahead, and improve business performance through strong governance. For more information about LogicManager, visit www.logicmanager.com.
Media Contact
Caitlin Seele: [email protected], (617) 530-1208
SOURCE LogicManager
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