REDWOOD SHORES, Calif., July 21 /PRNewswire-FirstCall/ -- -- Oracle (NASDAQ:ORCL) today announced that Oracle(R) Governance, Risk and Compliance Suite (Oracle GRC Suite) has been positioned in the Leaders Quadrant in Gartner's 2008 Enterprise Governance, Risk and Compliance Platforms Magic Quadrant. (i) -- The Gartner Magic Quadrant provides guidance for organizations that are seeking to purchase, replace or upgrade their solutions, and it positions vendors within a particular market segment based on their completeness of vision and their ability to execute.
-- Oracle GRC Manager, part of the Oracle GRC Suite, automates the management of internal controls and helps improve the efficiency of an organization's compliance processes. Built on industry-leading content- management technology, Oracle GRC Manager is the orchestration hub for all GRC initiatives, enabling compliance and risk officers to unify fragmented GRC activities across multiple business units, geographies, and information systems.
-- According to Gartner, vendors in the Leaders Quadrant have proven GRC functionality in all four primary GRC management functions -- audit management, compliance management, risk management and policy management -- and they have executed horizontally across several industries.
Supporting Quote -- "In this new era of accountability, organizations around the world recognize the value of having a single platform that improves the quality and effectiveness of compliance programs, and provides powerful mechanisms for understanding and managing risk," said Oracle Vice President of GRC Chris Capdevilla. "We believe Oracle's position in the Leaders Quadrant in Gartner's Magic Quadrant for Enterprise Governance, Risk and Compliance is testament to our ability to provide customers across a wide variety of industries with a comprehensive GRC platform that helps reduce the complexity and cost of managing global compliance requirements." Supporting Resources
-- Full report -- http://tinyurl.com/5m33rm
-- Oracle GRC -- http://tinyurl.com/334cyy
The Magic Quadrant is copyrighted 2008 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
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(i) Gartner "Magic Quadrant for Enterprise Governance, Risk and Compliance Platforms" by French Caldwell, Tom Eid, June 30, 2008.
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