Latest news with #IDCMarketScapeWorldwideGovernance
Cision Canada
2 days ago
- Business
- Cision Canada
AuditBoard Recognized as a Leader for Governance, Risk, and Compliance Software by Independent Analyst Firm
Connected risk platform achieved joint highest scores for AI, audit management, vision, innovation, and product strategy. LOS ANGELES, Aug. 19, 2025 /CNW/ -- AuditBoard, the AI-powered global platform for connected risk transforming audit, risk, and compliance, today announced it was named a Leader in the annual Verdantix Green Quadrant: GRC Software 2025 Report, earning joint highest scores for its AI, product vision, and strategy. This is another significant milestone as AuditBoard continues on its mission to be the category-defining global platform for connected risk, elevating customers through innovation. AuditBoard has consistently been recognized for its industry-leading platform and rapid growth. The company was recently named a Leader in the IDC MarketScape Worldwide Governance, Risk, and Compliance Software 2025 Vendor Assessment (doc # US53615325, June 2025) and a Representative Vendor in 2025 Gartner® Market Guide for Third-Party Risk Management Technology Solutions. AuditBoard also recently announced it serves more than 50% of the Fortune 500. "Being named a Leader in the Verdantix Green Quadrant: GRC Software 2025 Report further exemplifies how well our customer-centric approach is working," said Happy Wang, Chief Product and Technology Officer at AuditBoard. "By actively incorporating customer feedback into our product roadmap, we are able to provide the tools they need to strengthen risk decision-making, enhance organizational resiliency, and unlock new avenues for revenue growth." "AuditBoard's connected risk platform has revolutionized our entire risk management strategy," said Fred Friedel, VP Internal Audit and Enterprise Risk at Interactive Communications International, Inc. "We've been able to break down siloes, improve collaboration, and dramatically reduce the time we spend on manual tasks. AuditBoard has allowed our team to be more efficient and ultimately provide more value to our business." "AuditBoard is a suitable choice for organizations looking to centralize risk management around audit and compliance workflows," said Katelyn Johnson, Senior Manager, Verdantix. "The platform supports greater efficiency in audit execution by reducing manual tasks and supporting structured workflows. In compliance, its automation features help maintain oversight and support timely documentation and reporting. Among the platforms evaluated in this report, AuditBoard shows particular strength in tailoring AI capabilities to this domain." To learn more about AuditBoard's connected risk platform, read the full report here. About AuditBoard AuditBoard's mission is to be the category-defining global platform for connected risk, elevating our customers through innovation. More than 50% of the Fortune 500 trust AuditBoard to transform their audit, risk, and compliance management. AuditBoard is top-rated by customers on G2, Capterra, and Gartner Peer Insights, and was recently ranked for the sixth year in a row as one of the fastest-growing technology companies in North America by Deloitte.
Cision Canada
11-07-2025
- Business
- Cision Canada
AuditBoard Named a Leader in IDC MarketScape for Worldwide Governance, Risk, and Compliance Software
LOS ANGELES, /CNW/ -- AuditBoard, the leading AI-powered global platform for connected risk transforming audit, risk, and compliance, today announced it has been recognized as a Leader in the IDC MarketScape Worldwide Governance, Risk, and Compliance Software 2025 Vendor Assessment (doc # US53615325, June 2025). We believe this recognition highlights the tangible business value AuditBoard customers realize by leveraging the company's AI-powered connected risk platform to manage risk across their organizations. "We are honored to be named a Leader in the 2025 IDC MarketScape for GRC Software," said Happy Wang, Chief Technology Officer at AuditBoard. "We are continuously seeking customer feedback to inform our product roadmap to better empower our customers to inform risk decision-making, enhance resiliency, and enable revenue growth for their organizations." According to the report, "Specific strengths include streamlined and automated risk management programs across the entire risk life cycle, the leveraging of AI-equipped workflows for effective risk management, and automated and agile exception management workflows." "AuditBoard has been consistently addressing market needs by extending its platform beyond its traditional audit management capabilities," said Philip D. Harris, CISSP, CCSK, Research Director, Governance, Risk and Compliance Services, IDC. "The company's staff expertise comes directly from the industry practitioner pool of audit and cybersecurity professionals and subject matter experts, allowing the company to stand apart from other competitors. Additionally, the AuditBoard platform brings simplicity to GRC management across the enterprise, enabling customers to begin gaining immediate value from the platform once it is deployed." AuditBoard has consistently been recognized for its industry-leading platform and rapid growth, and recently extended its international presence to Germany. The company now serves over 50% of the Fortune 500, was named to the Deloitte Fast 500 list for the sixth consecutive year, and was acquired in mid-2024 by London-based Hg for over $3B in one of 2024's biggest VC-backed PE transactions. In addition to also being recognized as a Major Player in both the IDC MarketScape: Worldwide Sustainability Management Platforms 2025 Vendor Assessment (doc # US52995125, May 2025) and the IDC MarketScape: Worldwide ESG Reporting and Compliance Management Applications 2025 Vendor Assessment (doc # US52995025, May 2025), AuditBoard's connected risk platform was named a G2's Best Software Products for two consecutive years, received a Cybersecurity Breakthrough Award as the Overall Best Risk Management Solution in 2024, and was named the top Platform as a Service by the 2024 Stratus Awards. To learn more about AuditBoard's connected risk platform, read the excerpt here. About IDC MarketScape IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of technology and service suppliers in a given market. The research utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each supplier's position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of technology suppliers can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective suppliers. About AuditBoard AuditBoard's mission is to be the category-defining global platform for connected risk, elevating our customers through innovation. More than 50% of the Fortune 500 trust AuditBoard to transform their audit, risk, and compliance management. AuditBoard is top-rated by customers on G2, Capterra, and Gartner Peer Insights, and was recently ranked for the sixth year in a row as one of the fastest-growing technology companies in North America by Deloitte.
