Market Share of Enterprise Governance, Risk And Compliance Industry
The enterprise governance, risk, and compliance market is a relatively highly competitive and moderately concentrated market. The major companies have been using new product development, acquisition, and collaboration strategies to strengthen their market share. Some of the are as follows:
- June 2023 - MetricStream, a provider of integrated risk management (IRM) and governance, risk, and compliance (GRC) solutions, launched AiSPIRE, the industry's first AI-powered, knowledge-centric GRC product. AiSPIRE would be leveraging large language models, GRC ontology-based knowledge graphs, and generative AI capabilities to unlock the full potential of an organization's existing GRC and transactional data. By providing cognitive insights across all aspects of enterprise GRC, AiSPIRE enables greater efficiency and predictive and data-driven decision-making.
- June 2023: Copyleaks, an AI-based text analysis, plagiarism identification, and AI-content detection platform, launched its Generative AI Governance, Risk, and Compliance (GRC) solution, a full suite of protection to ensure generative AI enterprise compliance, reduce organization-wide risk, and safeguard proprietary data.
Enterprise Governance, Risk and Compliance (eGRC) Market Leaders
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Dell EMC
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IBM Corporation
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Maclear
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MetricStream Inc.
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Future Shield Inc.
*Disclaimer: Major Players sorted in no particular order
