Welcome!

Mobile IoT Authors: Pat Romanski, Yeshim Deniz, Elizabeth White, Liz McMillan, Kevin Benedict

News Feed Item

Modulo Positioned in the “Visionaries” Quadrant of the Magic Quadrant for Business Continuity Management Planning Software

Modulo, a leading provider of Technology Governance, Risk and Compliance (GRC) solutions, today announced the company has been positioned by Gartner, Inc. in the “Visionaries” quadrant of the Business Continuity Management Planning Software Magic Quadrant. Gartner positioned Modulo based on its “completeness of vision” and “ability to execute” for Modulo Risk Manager as part of an evaluation of 18 qualified enterprise-class vendors.

Following on this report, Modulo is also announcing a new fully integrated Business Continuity Management (BCM) module for the Modulo Risk Manager platform and kicking- off an educational webinar series:

Gartner estimates the Business Continuity Management Planning (BCMP) market to have “a 2012 revenue estimate of $130 million, 30% more than our 2010 estimate,” according to report author Roberta Witty and John Morency. The report also highlights that “the significant growth in adoption of BCMP products, as measured in our annual security and risk management survey — 23.8% from 2010 to 2011; 8.5% from 2011 to 2012 and 51% from 2012 to 2013 — is an indication that organizations are realizing the importance of the use of these products to help standardize and manage recovery plan development, as well as management of the BCM program itself.” (1)

Further, Gartner predicts that “having current, effective and exercised recovery plans is the key to success during a disaster, and these products are essential for effective BCM response, recovery and restoration activities. We anticipate adoption to continue to grow during the next five years, given the increased focus from government agencies — federal, state and local — as well as private-sector preparedness initiatives. Some of this additional growth will come through the GRC product market: more GRC vendors are providing BCMP capability as part of a broader operational risk management program.”

"We believe our positioning in the ‘Visionaries’ quadrant by Gartner confirms our mission to help our customers move up the GRC maturity curve by integrating BCMP into their proven GRC programs for better risk analytics and decision making across the enterprise. This is another milestone marking the momentum that Modulo is experiencing in North America as well as worldwide,” said Stephen Gant, Managing Director of North America for Modulo.

With the release of its new BCM module, Modulo delivers a complete BCMP function that is fully integrated into the operational and enterprise risk management process. Modulo Risk Manager is recognized industry-wide as a mature tool for IT GRC and Enterprise GRC. Modulo is also uniquely positioned for critical infrastructure implementations, such as SCADA, cyber defense, and municipalities where an integrated IT, physical, and operational technology (OT) risk management approach is required.

Customers choose Modulo Risk Manager for its affordable cost versus the competition and extensive certifications in international GRC standards such as ISO 20000 and ISO 27000. Modulo Risk Manager has also gained positive reviews for its flexible user interface, strong reporting capability and extensive content knowledgebase - including compliance tracking support with alignment to key BCM standards and frameworks. Other unique features include the use of Google Maps to view the impact of natural events (such as weather) on asset availability.

(1) Gartner "Magic Quadrant for Business Continuity Management Planning Software," by Roberta J. Witty and John P. Morency, August 26, 2013.

About the Gartner MarketScope

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. 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 Modulo

Modulo is a leading global enterprise provider of Technology Governance, Risk and Compliance (GRC) management solutions. Hundreds of organizations around the world leverage the award-winning Modulo Risk Manager™ as a flexible and affordable approach to manage risk, compliance, and business continuity across the enterprise and extended enterprise of third-party relationships. Customers span the financial, health care, retail, manufacturing, higher-education, telecom, energy and government sectors and include BASF, BC Hydro, Commercial Bank of Dubai, Microsoft, New York University Medical Center, Synovus Financial, and Schlumberger. Modulo has earned industry recognition as a 2012 Innovator of the Year and “5-Star” product review rating for three consecutive years by SC Magazine.

Visit www.modulo.com and follow Modulo on Twitter @Modulo_Intl.

More Stories By Business Wire

Copyright © 2009 Business Wire. All rights reserved. Republication or redistribution of Business Wire content is expressly prohibited without the prior written consent of Business Wire. Business Wire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

IoT & Smart Cities Stories
When talking IoT we often focus on the devices, the sensors, the hardware itself. The new smart appliances, the new smart or self-driving cars (which are amalgamations of many ‘things'). When we are looking at the world of IoT, we should take a step back, look at the big picture. What value are these devices providing. IoT is not about the devices, its about the data consumed and generated. The devices are tools, mechanisms, conduits. This paper discusses the considerations when dealing with the...
Charles Araujo is an industry analyst, internationally recognized authority on the Digital Enterprise and author of The Quantum Age of IT: Why Everything You Know About IT is About to Change. As Principal Analyst with Intellyx, he writes, speaks and advises organizations on how to navigate through this time of disruption. He is also the founder of The Institute for Digital Transformation and a sought after keynote speaker. He has been a regular contributor to both InformationWeek and CIO Insight...
Machine learning has taken residence at our cities' cores and now we can finally have "smart cities." Cities are a collection of buildings made to provide the structure and safety necessary for people to function, create and survive. Buildings are a pool of ever-changing performance data from large automated systems such as heating and cooling to the people that live and work within them. Through machine learning, buildings can optimize performance, reduce costs, and improve occupant comfort by ...
Digital Transformation is much more than a buzzword. The radical shift to digital mechanisms for almost every process is evident across all industries and verticals. This is often especially true in financial services, where the legacy environment is many times unable to keep up with the rapidly shifting demands of the consumer. The constant pressure to provide complete, omnichannel delivery of customer-facing solutions to meet both regulatory and customer demands is putting enormous pressure on...
Bill Schmarzo, Tech Chair of "Big Data | Analytics" of upcoming CloudEXPO | DXWorldEXPO New York (November 12-13, 2018, New York City) today announced the outline and schedule of the track. "The track has been designed in experience/degree order," said Schmarzo. "So, that folks who attend the entire track can leave the conference with some of the skills necessary to get their work done when they get back to their offices. It actually ties back to some work that I'm doing at the University of San...
CloudEXPO New York 2018, colocated with DXWorldEXPO New York 2018 will be held November 11-13, 2018, in New York City and will bring together Cloud Computing, FinTech and Blockchain, Digital Transformation, Big Data, Internet of Things, DevOps, AI, Machine Learning and WebRTC to one location.
Andrew Keys is Co-Founder of ConsenSys Enterprise. He comes to ConsenSys Enterprise with capital markets, technology and entrepreneurial experience. Previously, he worked for UBS investment bank in equities analysis. Later, he was responsible for the creation and distribution of life settlement products to hedge funds and investment banks. After, he co-founded a revenue cycle management company where he learned about Bitcoin and eventually Ethereal. Andrew's role at ConsenSys Enterprise is a mul...
SYS-CON Events announced today that IoT Global Network has been named “Media Sponsor” of SYS-CON's @ThingsExpo, which will take place on June 6–8, 2017, at the Javits Center in New York City, NY. The IoT Global Network is a platform where you can connect with industry experts and network across the IoT community to build the successful IoT business of the future.
DXWorldEXPO | CloudEXPO are the world's most influential, independent events where Cloud Computing was coined and where technology buyers and vendors meet to experience and discuss the big picture of Digital Transformation and all of the strategies, tactics, and tools they need to realize their goals. Sponsors of DXWorldEXPO | CloudEXPO benefit from unmatched branding, profile building and lead generation opportunities.
Disruption, Innovation, Artificial Intelligence and Machine Learning, Leadership and Management hear these words all day every day... lofty goals but how do we make it real? Add to that, that simply put, people don't like change. But what if we could implement and utilize these enterprise tools in a fast and "Non-Disruptive" way, enabling us to glean insights about our business, identify and reduce exposure, risk and liability, and secure business continuity?