WALLDORF — SAP SE (NYSE: SAP) today announced that it has been ranked as a leader in governance, risk and compliance (GRC) by independent research firm Forrester Research Inc. in a new report titled, “The Forrester Wave™: Governance, Risk, and Compliance Platforms, Q1 2018.”
Designed to assess the current state of the market for GRC solutions, the Forrester Wave evaluated 14 GRC software vendors using 23 criteria. SAP received among the highest scores for the criteria of:
- Risk analytics
- Content management
- Regulatory change management
According to the Forrester report, “SAP’s GRC strategy removes the focus on APIs and puts [SAP] HANA front and center. Taking a different approach to connectivity and integration is the real differentiator for the SAP GRC offering. Shunning APIs and web services and leveraging [SAP] HANA’s in-memory data access, SAP is making a bet that customers want big data and predictive analytics natively in their risk solution. SAP continues to meet the needs of its current GRC customers while driving product innovation. One standout from that strategy is the SAP audit tool, which continues to be a strong SaaS solution with full mobile capabilities. Key takeaway: If you’re an SAP shop, be sure to put SAP GRC on your short list.”
Thack Brown, SAP’s general manager and global head of LoB Finance, stressed, “In today’s fluid business environment, organizations need the ability to quickly adapt to changes in the global economy, technology and regulations, while ensuring their processes are compliant and data is protected. By building upon our rich suite of GRC solutions and doubling down on our investments in fraud detection and prevention, we’re enabling our customers to get detailed insight into risk drivers to prevent catastrophic losses. In our view, this report illustrates the value our clients find in our integrated platform across many applications.”
Download the report: “The Forrester Wave™: Governance, Risk, and Compliance Platforms, Q1 2018“
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