SureCloud named as a Challenger in 2020 Gartner Magic Quadrant for IT Risk Management Report
14th August 2020
Read our CEO's response and discover the key strengths discussed in the report below!
SureCloud, the provider of cloud-based, Governance, Risk and Compliance (GRC) solutions, has been recognised as a Challenger in the 2020 Gartner Magic Quadrant for IT Risk Management (ITRM), for its completeness of vision and ability to execute.
2020 Gartner IT Risk Management Magic Quadrant
The 2020 Gartner Magic Quadrant IT Risk Management report evaluates 15 key ITRM solution providers and places them into one of four quadrants: Niche Players, Visionaries, Challengers, and Leaders, providing a view on how well technology vendors are executing their stated visions and performing against Gartner’s market view.
“Security and risk management leaders experience increased demand for IT Risk Management solutions originating from cybersecurity initiatives, board risk oversight and digital compliance obligations,” according to Gartner. “By 2025, 50% of global midmarket and large enterprises will depend on risk management solutions to aggregate digital risks in their business’s ecosystem, up from 10% in 2018.”
Richard Hibbert, CEO, and Co-Founder of SureCloud said:
“We are delighted that SureCloud has once again been named in one of Gartner’s Magic Quadrant, this time for our performance in IT Risk Management. As a first-time entrant to the ITRM report this year, we believe our position as a Challenger stands as testament to our commitment to customers, our truly comprehensive risk management solutions, and our innovative roadmap.”
SureCloud has also been recognised in Gartner’s Magic Quadrant for Integrated Risk Management Solutions (July 2019) and Magic Quadrant for Vendor Risk Management (November 2019).
SureCloud’s IT Risk Management solutions are designed to help organisations manage IT risk across different business functions and demonstrate compliance with a wide range of major frameworks and standards – in one flexible, scalable and highly configurable integrated Software as a Service (SaaS) platform
The SureCloud IT Risk Management solution allows organisations to:
- Effectively manage IT risks across different business areas ensuring the risks are suitable and understood by your the business stakeholders
- Optimise and align your IT regulations/standards (ISO 27001, NIST CSF, etc) and the underlying controls to reduce duplications and overlapping requirements
- Demonstrate to members of the executive team how security initiatives are protecting business assets and services
- Coordinate and track progress on IT risk and cyber activities including program status, incident resolution, identification of control weaknesses and remediation
In every review is an experience that matters. Discover our IT Risk Management customer feedback with G2, here.
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Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
About SureCloud
SureCloud is a provider of cloud-based, Integrated Risk Management (IRM) products, Cybersecurity and Risk Advisory services, which reinvent the way you manage risk. SureCloud connects the dots with IRM solutions enabling you to make better decisions and achieve your desired business outcomes. SureCloud is underpinned by a highly configurable technology platform, which is simple, intuitive, and flexible. Unlike other GRC Platform providers, SureCloud is adaptable enough to fit your current business processes without forcing you to make concessions during implementation, meaning you get immediate and sustained value from the outset.
