Le Lézard
Classified in: Science and technology
Subject: Product/Service

ServiceNow Named a Leader in the 2020 Gartner Magic Quadrant for IT Risk Management


ServiceNow (NYSE: NOW), the leading digital workflow company that makes work, work better for people, has been named a Leader in the 2020 Gartner Magic Quadrant for IT Risk Management. ServiceNow was evaluated for its Governance, Risk, and Compliance (GRC) platform.

According to Gartner, "Security and risk management leaders experience increased demand for ITRM solutions originating from cybersecurity initiatives, board risk oversight and digital compliance obligations." Moreover, "By 2025, 50% of global midmarket and large enterprises will depend on risk management solutions to aggregate digital risks in their business's ecosystem, up from 10% in 2018." 1

Exposure to risks are heightened as enterprises balance new workplace rules and business processes and continue to digitally transform their operations. ServiceNow's GRC platform helps companies become more agile in their decision making by delivering real-time visibility into high risk areas and noncompliance through the Now Platform.

"We believe that Gartner's recognition of ServiceNow's GRC platform comes at a critical time during this new normal as companies are doubling down on their strategies for digital risk management," said Vasant Balasubramanian, head of risk products at ServiceNow. "At a time when agility and resilience are imperative to business success, ServiceNow's modern, cloud-based platform enables our customers to proactively manage risk across enterprise workflows."

ServiceNow connects the business, security and IT within an integrated risk framework on the Now Platform. With the ServiceNow GRC platform, customers can:

One of the strengths of the Now Platform is that it gives customers rapid access to new features. Since early 2020, ServiceNow has delivered new capabilities by expanding support for operational and vendor risk management as part of its quarterly release cadence through the ServiceNow App Store.

Additional Information

1 Gartner, Inc., "Magic Quadrant for IT Risk Management," Khushbu Pratap, Brent Predovich, Claude Mandy, 11 August 2020.

Gartner Disclaimer

Gartner does not endorse any vendor, product or service depicted in our research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About ServiceNow

ServiceNow (NYSE: NOW) is making the world of work, work better for people. Our cloud?based platform and solutions deliver digital workflows that create great experiences and unlock productivity for employees and the enterprise. For more information, visit: www.servicenow.com.

© 2020 ServiceNow, Inc. All rights reserved. ServiceNow, the ServiceNow logo, Now, and other ServiceNow marks are trademarks and/or registered trademarks of ServiceNow, Inc. in the United States and/or other countries. Other company names, product names, and logos may be trademarks of the respective companies with which they are associated.


These press releases may also interest you

at 10:40
TopConsumerReviews.com recently gave its best-in-class 5 star rating to Press Pass Collectibles, a leader among online retailers of Sports Memorabilia. For sports fans of all ages, there's nothing quite as exciting as memorabilia. Whether that's team...

at 10:38
International expert organization DEKRA has been recognized by the Occupational Safety and Health Administration (OSHA) as a Nationally Recognized Testing Laboratory (NRTL) for the U.S. DEKRA can now grant its own DEKRA US certification mark to a...

at 10:35
Signature Bank , a New York-based full-service commercial bank, announced today it placed #1 in three categories of the New York Law Journal's "Best of" 11th annual survey of the New York legal community. These include Business Bank, Private Bank and...

at 10:35
Bayer announced today that the European Commission has authorized XtendFlex soybean technology for food, feed, import and processing in the European Union. This milestone represents the final key authorization for XtendFlex soybeans. With this...

at 10:35
Some of the most influential international experts, researchers, and scientific minds participated in the Fourth Bioelectronic Medicine Summit: Technology Targeting Molecular Mechanisms, hosted by The Feinstein Institutes for Medical Research ? the...

at 10:35
Perficient, Inc. ("Perficient"), the leading global digital consultancy transforming the world's largest enterprises and biggest brands, today announced it will host a conference call on Thursday, Oct. 29, at 11 a.m. ET, to discuss the company's...



News published on 14 august 2020 at 13:05 and distributed by: