Magic Quadrant for Governance, Risk and Compliance Tools, Assurance Leaders
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A: Leaders are in the strongest position to influence the market's growth and direction. They demonstrate a market-defining vision for how GRC technology can help organizations support a holistic enterprise risk management (ERM) process, encompassing risk identification, assessment, mitigation, monitoring and reporting across assurance teams and engaging the first line. Leaders can execute against that vision through products and services and have demonstrated business results in the form of revenue and earnings. They excel in their combination of market understanding, innovation, product features and functions, and overall viability. While maintaining a well-established base of long-term customers, Leaders show a consistent ability to win new deals. They have customers in many geographic regions, cover a wide variety of industries and serve customer organizations of a range of sizes. Leaders are often the vendors that other providers measure themselves against.