May 2, 2012
-- Industry analyst and market research firm Hypatia Research Group today announces a new primary research study entitled “Enterprise Governance, Risk & Compliance: Why Management Consultancies Should Provide a Holistic Approach” http://store.hypatiaresearch.com/
mentconsultingfirmsshouldprovideaholisticapproach.aspx detailing current trends, organizational challenges, and business case justification. Featuring the unique Hypatia GalaxyTM evaluations of management consultancies, in which each is assessed by 12 criteria, the report offers readers actionable insight via 55 pages, 3 case study evaluations and 15 tables or figures.
Hypatia categorizes governance, risk, compliance and security (GRACS) advisory services as designed to optimize enterprise convergence of both business and IT GRACS capabilities in order to meet client requirements. This viewpoint is predicated on the ability of consultancies to deliver services based not only on solving specific issues, but solutions that flexibly address at a holistic and integrated level, all of the interlocking and interwoven governance, risk, and compliance issues that companies face no matter where or in what industries they do business.
Leslie Ament, [http://www.hypatiaresearch.com/expertise/team.html
] vice president, and senior analyst at Hypatia Research Group stated, “While most consultancies offer both business and IT GRACS advisory services via discrete practice areas such as Risk, Audit, or IT Security, less than 30% of those evaluated actually walk the walk in offering clients integrated advisory services.” Ament continued, “Many talked about a comprehensive approach in which service offerings from several practice areas were combined. However, our research found that the top 20% of consultancies ranking in Hypatia’s Galaxy more often designed converged GRACS advisory services specifically to meet their client’s requirements for a holistic approach.”
Vendors covered in this research include: Accenture, Atos Origin, Bain, Boston Consulting Group, Capgemini, Deloitte, Cognizant, Crowe Horwath, CSC, Deloitte, Ernst & Young, Fujitsu, Hitachi, HP Services, Huron, IBM GBS, Infosys, KPMG, McKinsey, Protiviti, PriceWaterhouseCoopers, Steria, TCS, Tieto and Wipro.
Over 440 global respondents with direct accountability for selection or use of GRC software and services were utilized for this primary research. Respondent profiles include: 70% large enterprise >$1B, 23.6% mid-market and 7.3% SMB. This research study is available for purchase online. Vendors covered in this research may contact ZGR(at)hypatiaresearch(dot)com to inquire about licensing.
Industry analyst and market research firm Hypatia Research Group [http://store.hypatiaresearch.com/
] delivers high impact market intelligence, industry benchmarking, best practice, and vendor selection research for how businesses use technology and service providers to capture, manage, analyze and apply customer intelligence to enhance performance and accelerate growth. A twelve person team covers both software vendors and consultancies that provide: CRM, Business Intelligence, Customer Analytics, Social Media, Marketing Automation, Information Management, Data Quality and GRC services. Since 2001, clients have relied on us for industry insight, expertise and independent market research for guidance in assessing various technology and service options.
Zvi Ruder, Ph.D.