High-functioning organizations understand that focusing on their core business processes and offerings—while letting third-party vendors provide additional capacity—is critical to success. The challenge many businesses face is that the functional responsibilities for third-party risk can sit in siloes with many different teams. IT vendor risk management (VRM) solutions help by centralizing and automating the identification, assessment, monitoring, and remediation of technology supplier and service provider risks.
The Gartner Magic Quadrant for IT Vendor Risk Management Tools is an annual evaluation of the growing landscape for the IT VRM technology market. It helps you identify solutions that will improve the efficiency, effectiveness, and confidence in your vendor risk processes—and meet regulatory compliance requirements.
Download the full report to discover what to look for when selecting an IT VRM solution.
Gartner Magic Quadrant for IT Vendor Risk Management Tools, Joanne Spencer and Edward Weinstein, August 24, 2020
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