Worldwide Governance, Risk, and Compliance Infrastructure 2010 Top 10 Predictions: It's Time for Corporations to Move Up the Information GRC and IT Operations GRC Capability Curve

Abstract

This IDC study presents the 2010 top 10 predictions for the governance, risk, and compliance infrastructure competitive market.

"Developments in the economic, political, and regulatory landscape in 2009 portend an increase in the volume and complexity of corporate GRC obligations," says Vivian Tero, program manager, GRC Infrastructure, IDC. "These developments impact corporate priorities and the adoption of key enabling technologies in 2010 and onward. These developments would also influence the product development and R&D priorities of companies in the coming years. Convergence, transparency, data normalization, and dynamic GRC management are key themes in this predictions document. The challenge of balancing GRC obligations with budget and IT operational constraints also underscores the value of understanding the commonalities and dependencies across information GRC and IT operations GRC activities and technical controls."

Table of Contents

• Predictions
• In This Study
• Situation Overview
• Future Outlook
• eDiscovery and Corporate Information Governance, Risk, and Compliance Programs
• 1. Corporate Litigants Will See an Increase in ESI Collections Involving Data from Application Databases and Database Archives, as well as Content from Web 2.0 Applications
• 2. Early Case Assessment Applications Will Evolve to Support Risk Management and Audit for Compliance to Litigation Hold Protocols
• 3. Automating the Life Cycle and Workflow of Legal Holds Will Increasingly Become the Norm
• 4. Increased Awareness and Adoption of the Information Governance Maturity Model Among Serially Litigated and Highly Regulated Corporations Will Underpin the Rise of Information GRC Platform Applications
• 5. More Corporations Will Become Aware of and Start Adopting the Key Lessons from TREC Legal Track and the Sedona Conference
• Data Privacy and IT Operations GRC
• 6. The Data Privacy Application Ecosystem Will Evolve to Facilitate Better Alignment Between Information Security and Information GRC
• 7. Increased Use of New Technologies (Such as Cloud Computing, Virtualization, and Nontraditional Mobile Devices) Will Underpin the Evolution to a More Dynamic Approach to GRC Infrastructure
• 8. Vendors Will Offer Solutions That Leverage Data and Content Analytics to Normalize Compliance Data and Enable Dynamic GRC Management
• Smart Cities and Green Compliance
• 9. Solutions to Manage, Orchestrate, Enforce, Assess, and Validate Policies and Protocols to Address Governance, Risk, and Compliance of the IT Infrastructure Supporting Smart Cities Will Emerge
• 10. The Greening of the Datacenters Will Drive the Realignment of Information GRC, Storage Infrastructure, and Datacenter Operations
• Essential Guidance
• Learn More
• Related Research
• Synopsis