Business Continuity Management (BCM) and Disaster Recovery (DR) solutions has been an established segment of technology for going on two decades. However, this does not mean that this segment of the GRC market is stale and lacks innovation. The past few years has shown a number of new, compelling, and interesting BCM solutions that focus on easy of use, intuitiveness, and accessibility. Some of these solutions are particularly compelling as they tie BCM into broader operational risk and GRC programs.
Recent RFP and inquiry trends that GRC 20/20 is involved with show a growing demand for BCM solutions. There are many solutions available in the market with varying capabilities and approaches. Organizations need to clearly understand the breadth and depth of their requirements, map these into solution capabilities, and understand that there is no one size fits all solution for BCM management no matter what solution providers may say. Organizations looking for BCM solutions need to carefully navigate, understand, and find the solution(s) that are the perfect fit for your organization.
In this Research Briefing GRC 20/20 provides a framework for organizations evaluating or considering BCM management platforms and solutions. Specifically, GRC 20/20 will break out types of solutions in the market, critical capabilities, what differentiates basic, common, and advanced BCM solutions, and considerations and warning in navigating solution offerings and vendor hyperbole.
The GRC Pundit will help organizations . . .