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This is the first time SureCloud has been recognized for IT Risk Management, this follows our placements in Gartner’s Magic Quadrant for Integrated Risk Management Solutions (July 2019) and for Vendor Risk Management (August 2020). 

Within this blog, we provide you with 4 reasons why we have been recognized as a Challenger in Gartner’s IT Risk Magic Quadrant 2020.

 

Gartner’s IT Risk Management Gartner Magic Quadrant

Annually Gartner releases over 17Magic Quadrant reports, across a wide range of customer markets and technology types. The IT Risk Management Magic Quadrant enables risk and security management leaders to ‘Use this research to evaluate the opportunities and challenges in automating IT risk decision making’, Gartner, 2020.

The IT Risk Management Quadrant evaluates 15 key IT Risk Management vendors and places them into one of four quadrants: Niche Players, Visionaries, Challengers and Leaders, reflecting how well software solution providers are realizing their stated visions and performing against Gartner’s market view. Gartner’s Magic Quadrant is a visual quadrant, where the vertical axis refers to a company’s ‘ability to execute,’ and the horizontal axis refers to their ‘completeness of vision.’

How do you become a Gartner Challenger? 

Challengers are those “capable of being future leaders, according to Gartner. SureCloud aims to challenge the traditional IT Risk leaders into creating more innovative solutions needed in 2020 and beyond. Let’s review the four main strengths Gartner recognized us for, which help us achieve our ‘Challenger’ label. 

1.Integrations for seamless working  

Our Integration Hub enables you to integrate your business applications and streamline your processes within the SureCloud GRC platform, by centralizing your key tools, including, Qualys, Rapid 7, and Tenable.  

We have recently partnered with cybersecurity ratings company, BitSight to provide our users with a one-stop-shop for end-to-end vendor onboarding and an even further simplified vendor risk management process. BitSight security ratings are combined with SureCloud vendor assessments in our platform, allowing users to make more intelligent decisions regarding prioritizing risk level and task assignment. 

2. A range of risk assessment approaches to choose from 

Gartner praised SureCloud’s diverse risk assessment approaches.

Our IT Risk Management solutions offer enhanced Control Mapping capability, with pre-loaded data from SCF, ISO and NIST, and multiple OOB assessment options, including ISO 31000, ISO 27005 and ISF IRAM 2. 

ISF designed their Information Risk Assessment Methodology 2 (IRAM2) to provide “risk practitioners with a complete end-to-end approach to performing business-focused information risk assessments.” Our Risk Management for IRAM2 software, which has been developed in conjunction with key ISF community members, assists you in making this happen.  

SureCloud’s Risk Management for IRAM2 allows you to streamline and automate your assessment process, and provides aggregated real-time reporting of information risk on interactive and customizable dashboards, giving you a greater understanding of your assessment outcomes. 

Check out our Standards and Control Library here.

3. Fixed priced implementation services with Accelerate 

Gartner praised SureCloud’s Implementation Service, ‘Accelerate,’ enables you to get your GRC solution implemented quickly and meet the majority of your requirements as standard, based on industry best practices. 

Thanks to our pre-configured solutions, designed by risk experts, you can get your SureCloud software solution up and running in weeks, rather than years like most traditional IT Risk Management providers. Accelerate delivers this with training documents that can be tailored to meet your organization. Taking away the time needed to develop key project documents such as business, functional and technical requirements.

Accelerate is also differentiated through its fixed cost implementation approach, which allows you to remain fully in control of your budget. We provide tiered pricing options, based on the complexity of your business requirements, so you can feel assured that the solution meets your organization’s needs. Learn more about the fixed cost implementation service here. 

 

4. Continuous innovation 

Finally, we strive to constantly deliver new capabilities to ensure our users can further leverage our solution to support IT and Cyber Risk management processes.  

 Recent enhancements include: 

  • Upgraded Asset Management capabilities.
  • Support for CMDB integration with ServiceNow.
  • Upgraded task and issue management capabilities and support integration with JIRA Cloud.
  • Integration with MS teams to further embed IT risk management engagement within business applications. 

Download the IT Risk Management report, here! 

Request a demo of our IT Risk Management solution in the form below.  

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.

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