The editors at Solutions Review highlight what’s changed since the last iteration of Gartner’s Magic Quadrant for IT Risk Management and provide analysis of the report. 

Technology research giant Gartner, Inc. recently released the 2020 Gartner Magic Quadrant for IT Risk Management. You can download it here. Gartner researchers define IT Risk Management (ITRM) as “software and services that operationalize the risk management life cycle in context of the organization’s mission. ITRM solutions are deployed to establish a central hub that facilitates business-related decision making and risk management.” 

Additionally, in their definition, Gartner defines ITRM solutions by their ability to facilitate risk workflows, aggregate risk-related data, design logic to enable risk prioritization, and provision mapped regulatory content and compliance mandates.

Moreover, researchers predict that by 2025 half of all midsize and large businesses shall use risk management to aggregate digital risks. Additionally, they anticipate the evolution of risk management to monitor and aggregate data from social media and IoT environments. 

In the 2020 Gartner Magic Quadrant…

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