Welcome!

Containers Expo Blog Authors: Elizabeth White, Michel Courtoy, Pat Romanski, Derek Weeks, 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
The current age of digital transformation means that IT organizations must adapt their toolset to cover all digital experiences, beyond just the end users’. Today’s businesses can no longer focus solely on the digital interactions they manage with employees or customers; they must now contend with non-traditional factors. Whether it's the power of brand to make or break a company, the need to monitor across all locations 24/7, or the ability to proactively resolve issues, companies must adapt to...
Artificial intelligence, machine learning, neural networks. We’re in the midst of a wave of excitement around AI such as hasn’t been seen for a few decades. But those previous periods of inflated expectations led to troughs of disappointment. Will this time be different? Most likely. Applications of AI such as predictive analytics are already decreasing costs and improving reliability of industrial machinery. Furthermore, the funding and research going into AI now comes from a wide range of com...
"When we talk about cloud without compromise what we're talking about is that when people think about 'I need the flexibility of the cloud' - it's the ability to create applications and run them in a cloud environment that's far more flexible,” explained Matthew Finnie, CTO of Interoute, in this SYS-CON.tv interview at 20th Cloud Expo, held June 6-8, 2017, at the Javits Center in New York City, NY.
Internet of @ThingsExpo, taking place October 31 - November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA, is co-located with 21st Cloud Expo and will feature technical sessions from a rock star conference faculty and the leading industry players in the world. The Internet of Things (IoT) is the most profound change in personal and enterprise IT since the creation of the Worldwide Web more than 20 years ago. All major researchers estimate there will be tens of billions devic...
SYS-CON Events announced today that MobiDev, a client-oriented software development company, will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. MobiDev is a software company that develops and delivers turn-key mobile apps, websites, web services, and complex software systems for startups and enterprises. Since 2009 it has grown from a small group of passionate engineers and business...
SYS-CON Events announced today that GrapeUp, the leading provider of rapid product development at the speed of business, will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Grape Up is a software company, specialized in cloud native application development and professional services related to Cloud Foundry PaaS. With five expert teams that operate in various sectors of the market acr...
SYS-CON Events announced today that Ayehu will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on October 31 - November 2, 2017 at the Santa Clara Convention Center in Santa Clara California. Ayehu provides IT Process Automation & Orchestration solutions for IT and Security professionals to identify and resolve critical incidents and enable rapid containment, eradication, and recovery from cyber security breaches. Ayehu provides customers greater control over IT infras...
In this presentation, Striim CTO and founder Steve Wilkes will discuss practical strategies for counteracting fraud and cyberattacks by leveraging real-time streaming analytics. In his session at @ThingsExpo, Steve Wilkes, Founder and Chief Technology Officer at Striim, will provide a detailed look into leveraging streaming data management to correlate events in real time, and identify potential breaches across IoT and non-IoT systems throughout the enterprise. Strategies for processing massive ...
SYS-CON Events announced today that Cloud Academy named "Bronze Sponsor" of 21st International Cloud Expo which will take place October 31 - November 2, 2017 at the Santa Clara Convention Center in Santa Clara, CA. 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 com...
In his session at Cloud Expo, Alan Winters, an entertainment executive/TV producer turned serial entrepreneur, presented a success story of an entrepreneur who has both suffered through and benefited from offshore development across multiple businesses: The smart choice, or how to select the right offshore development partner Warning signs, or how to minimize chances of making the wrong choice Collaboration, or how to establish the most effective work processes Budget control, or how to ma...
SYS-CON Events announced today that Enzu will exhibit at SYS-CON's 21st Int\ernational Cloud Expo®, which will take place October 31-November 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Enzu’s mission is to be the leading provider of enterprise cloud solutions worldwide. Enzu enables online businesses to use its IT infrastructure to their competitive advantage. By offering a suite of proven hosting and management services, Enzu wants companies to focus on the core of their ...
SYS-CON Events announced today that IBM has been named “Diamond Sponsor” of SYS-CON's 21st Cloud Expo, which will take place on October 31 through November 2nd 2017 at the Santa Clara Convention Center in Santa Clara, California.
We build IoT infrastructure products - when you have to integrate different devices, different systems and cloud you have to build an application to do that but we eliminate the need to build an application. Our products can integrate any device, any system, any cloud regardless of protocol," explained Peter Jung, Chief Product Officer at Pulzze Systems, in this SYS-CON.tv interview at @ThingsExpo, held November 1-3, 2016, at the Santa Clara Convention Center in Santa Clara, CA
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend 21st Cloud Expo October 31 - November 2, 2017, at the Santa Clara Convention Center, CA, and June 12-14, 2018, at the Javits Center in New York City, NY, and learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
SYS-CON Events announced today that CA Technologies has been named "Platinum Sponsor" of SYS-CON's 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 planning to development to management to security, CA creates software that fuels transformation for companies in the applic...
Amazon started as an online bookseller 20 years ago. Since then, it has evolved into a technology juggernaut that has disrupted multiple markets and industries and touches many aspects of our lives. It is a relentless technology and business model innovator driving disruption throughout numerous ecosystems. Amazon’s AWS revenues alone are approaching $16B a year making it one of the largest IT companies in the world. With dominant offerings in Cloud, IoT, eCommerce, Big Data, AI, Digital Assista...
Multiple data types are pouring into IoT deployments. Data is coming in small packages as well as enormous files and data streams of many sizes. Widespread use of mobile devices adds to the total. In this power panel at @ThingsExpo, moderated by Conference Chair Roger Strukhoff, panelists looked at the tools and environments that are being put to use in IoT deployments, as well as the team skills a modern enterprise IT shop needs to keep things running, get a handle on all this data, and deliver...
In his session at @ThingsExpo, Eric Lachapelle, CEO of the Professional Evaluation and Certification Board (PECB), provided an overview of various initiatives to certify the security of connected devices and future trends in ensuring public trust of IoT. Eric Lachapelle is the Chief Executive Officer of the Professional Evaluation and Certification Board (PECB), an international certification body. His role is to help companies and individuals to achieve professional, accredited and worldwide re...
With the introduction of IoT and Smart Living in every aspect of our lives, one question has become relevant: What are the security implications? To answer this, first we have to look and explore the security models of the technologies that IoT is founded upon. In his session at @ThingsExpo, Nevi Kaja, a Research Engineer at Ford Motor Company, discussed some of the security challenges of the IoT infrastructure and related how these aspects impact Smart Living. The material was delivered interac...
IoT solutions exploit operational data generated by Internet-connected smart “things” for the purpose of gaining operational insight and producing “better outcomes” (for example, create new business models, eliminate unscheduled maintenance, etc.). The explosive proliferation of IoT solutions will result in an exponential growth in the volume of IoT data, precipitating significant Information Governance issues: who owns the IoT data, what are the rights/duties of IoT solutions adopters towards t...