IBM-Open Pages' first big announcement

Email LinkedIn
Tools

We brought you an update last week of the EMC-Archer deal one year after it was struck. No reason not to update another big deal in the GRC industry, the IBM-Open Pages deal, which was inked in late October. In the first major announcement as a combined entity, the company announced recently the availability of its enhanced best-of-breed GRC platform, OpenPages 6.0.

This represents "the first of a new generation of Enterprise GRC platforms in which companies can derive insight from GRC information, enabling organizations to align risk and performance management objectives in order to achieve better business outcomes."

It's clear from the IBM-Open Pages news and EMC-Archer that a new industry buzzword is rising: agility. Both companies reference it prominently. Open Pages promises "increased agility, as in the need for a programmatic approach to managing their risk and compliance processes in order to stay on top of constantly evolving regulations and numerous regulator interactions." This agility is built in part upon dashboards that can display information generated for GRC purpose but meaningful in other areas as well.

According to a commentator in ITBusinessEdge, "there is a significant gap between collecting data and actually making it usable. The release of version 6.0 of the OpenPages GRC platform, which IBM acquired last year, is a significant step forward in terms of closing that gap by tightening the integration between OpenPages and the business intelligence (BI) software from Cognos."

For more:
- here's the commentary

Related Articles:
IBM to buy OpenPages

Are all GRC companies above average?
SAP, Oracle heat up the GRC market
XBRL market to thrive? IBM's Clarity deal builds on momentum