In 2020, organizations will continue to strive for achieving dynamic data security and data privacy tasks. While the IT industry risk environment has become more intricate, emerging tools can set the playing field and make it easier for organizations of all sizes to keep abreast with their liability and obligations. Currently, several business leaders are still careful about utilizing technologies such as Robotic Process Automation (RPA), Artificial Intelligence (AI), and Machine Learning (ML) to streamline and automate internal procedures. But for businesses to sustain with the legislative and regulatory amendments while also guaranteeing compliance successfully, organizations need to adapt to new technologies. Latest technologies like Artificial Intelligence and Machine Learning retain high potential and profoundly influence an organizations’ ability to perceive, evaluate, and address data security and privacy risk.
Having already gathered a vault of information, organizations will gradually leverage the power of analytics and AI to produce trendsetting insights that can facilitate business performance and growth. New developments in AI will empower decision-makers to forecast risks and opportunities in advance. Apart from this, Natural Language Processing (NLP) tools will help decision-makers exploit the power of semantic analysis to connect the dots between thousands of issues and recognize the best recovery actions. The chances to add value through data will be genuinely immense. Data-driven technologies will unlock a new world of possibilities, and ethical choices will need to be deliberately rooted in AI applications right from the beginning.
To gain the advantages of such technological advancements has compelled organizations to adopt GRC technology solutions and services. This edition of CIO Applications has compiled a list of leading GRC technology solution and service players to help companies navigate the best-of-breed service and solution providers. The enlisted organizations are transforming processes and services at the convergence of several disruptive technologies. Besides, the magazine also comprises insights from thought leaders in the sector on the industry trends, best practices, recent innovations, and their advice for the aspiring CIOs.
We present to you CIO Applications’ “Top 10 GRC Technology Consulting/Service Companies - 2020”