|[October 11, 2012]
Software AG Named in the Leaders Quadrant for Enterprise Governance, Risk and Compliance Platforms
RESTON, Va. --(Business Wire)--
Software AG today announced it was positioned by Gartner (News - Alert), Inc., a
leading industry analyst firm, in the Leaders Quadrant of the recently
published Magic Quadrant for Enterprise Governance, Risk and Compliance
Platforms1. Software AG's GRC
solution combines Business Process Analysis (BPA) with
audit-proof workflows, turning risk and compliance management into a
strategic management tool. It helps enterprises comprehensively manage
their compliance activities and analyze/assess operational risks.
"We appreciate Gartner's recognition by naming us a 'Leader' within the
enterprise governance, risk and compliance platform market," said Ivo
Totev, Chief Marketing Officer and member of the Group Executive Board,
Software AG. "We believe we take an innovative approach to the market by
designing products essential for businesses faced with GRC issues. We
understand the market and the importance of business performance and
strive to help organizations reach their goals faster, more efficiently
and cost effectively."
Software AG's GRC solution takes advantage of its ARIS Platform to
enable enterprises to plan, visualize and evaluate processes,
applications and data through a central repository. The solution uses
one unified repository across all different risk and compliance areas.
All data concerning risk assessments, control testing, survey and audits
are stored in a single database, reducing redundancy and ensuring
consistency in data and reports.
According to Gartner, "Reporting and managing through a single platform
potentially gives executives, auditors and managers a holistic view of
the enterprise's risk and compliance postures, as well as views sorted
by requirement, entity and geography."
At the core of Software AG's GRC solution is ARIS Risk and Compliance
Manager, which takes a process-focused approach to GRC. With this
product businesses can analyze and assess risks, automatically escalate
issues for resolution and update management via an up-to-the-minute
ARIS Risk and Compliance Manager offers a new module for audit
management which delivers support for handling work papers and
scheduling auit-related tasks, time management and reporting throughout
the audit phases of planning, preparation, execution and reporting. The
enhanced policy management workflow can be adapted to a company's
requirements to gain confirmation from the appropriate people that
policies have been applied. In combination with webMethods (News - Alert) Business
Events, a Complex Event Processing (CEP) product, enterprises will gain
a real-time view of what's happening across their business.
For more information on Software AG's GRC solution, visit the company's GRC
Analyst reports are available at www.softwareag.com/recognition.
About the Gartner Magic Quadrant
Gartner does not endorse any vendor, product or service depicted in our
research publications, and does not advise technology users to select
only those vendors with the highest ratings. 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
About Software AG
Software AG is the global leader in Business
Process Excellence. Our 40 years of innovation include the invention
of the first high- performance transactional database, Adabas; the first
business process analysis platform, ARIS; and the first B2B
server and SOA-based
integration platform, webMethods; and the pioneering of big data
technology with Terracotta's BigMemory.
We offer our customers a variety of end-to-end solutions that deliver
low total cost of ownership and high ease-of-use. Our industry-leading
brands, ARIS, webMethods, Adabas, Natural, CentraSite, Terracotta and
IDS Scheer Consulting, represent a unique portfolio encompassing:
process strategy, design, integration and control; SOA-based integration
and data management; efficient management of big data; process-driven
SAP (News - Alert) implementation; and strategic process consulting and services.
Software AG had revenues of �1.1 billion in 2011 and has more than 5,500
employees serving approximately 10,000 enterprise and public institution
customers across 70 countries. Our comprehensive software and services
solutions allow companies to continuously achieve their business results
faster. Software AG is headquartered in Germany and listed on the
Frankfurt Stock Exchange (TecDAX, ISIN DE 0003304002 / SOW).
Software AG - Get There Faster
Detailed press information about Software AG, including a picture and
multimedia database is available at: www.softwareag.com/press
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1 Gartner, Inc., "Magic Quadrant for Enterprise Governance,
Risk and Compliance Platforms" by French Caldwell and John A. Wheeler,
October 4, 2012
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