SAAS offers IT governance, risk, and compliance management.August 12, 2008 -
Brabeion On Demand(TM) is IT GRC suite complete with policy management, survey and assessment capabilities, and compliance and risk dashboards. As part of service, customers can access Brabeion Knowledgebase which contains over 30 regulations, 1,000 IT standards, and 6,000 detailed technology controls with content from PricewaterhouseCoopers. Hosted through SAVVIS, it allows companies to upgrade IT programs without changes to existing infrastructure.
(Archive News Story - Products mentioned in this Archive News Story may or may not be available from the manufacturer.)
Original Press release
Brabeion Software Corporation
1943 Isaac Newton Square, Suite 150,
Reston, VA, 20190
USA
Brabeion Brings on Demand Software Model to IT Governance, Risk, and Compliance
Rapid SaaS deployment delivers agility and higher value at a lower cost for organizations with urgent IT GRC needs
RESTON, Va., July 30 / / - Brabeion Software, a leading provider of IT Governance, Risk and Compliance (IT GRC) management software, announced today the availability of Brabeion On Demand(TM), a Software as a Service (SaaS) alternative that allows customers to quickly leverage all the benefits of Brabeion's industry-leading solution without the complexity and cost of managing the IT infrastructure required to support it. A SaaS model is particularly attractive to organizations that wish to jump-start their IT GRC programs without an upfront investment in IT infrastructure or have an urgent need to address a single regulatory requirement in specific industries such as retail, healthcare or energy. Brabeion Software will continue to offer its award-winning solution through the traditional perpetual licensing model as well.
The urgent need to implement and rapidly mature programs that automate governance processes, optimally manage risk and demonstrate compliance is driving the growth of on-demand solutions as companies seek a lower cost, outsourced infrastructure to achieve their business objectives.
Survey research conducted over the past three years by THINKstrategies and Cutter Consortium has found rising SaaS adoption with a third of respondents using a SaaS application and another 37% considering it. Four out of five will adopt a SaaS solution in 2008.
"Software as a Service just makes sense when business units need rapid and secure deployments to meet urgent business requirements," said Bill Boni, Vice President and Corporate Information Security Officer for Motorola Information Protection Services. "As IT groups deal with increasing infrastructure complexity along with growing demands from business units and lengthening change management cycles, outsourcing key applications to reliable vendors can provide dramatic business benefits that cannot be always be achieved by traditional deployment models."
According to Gartner, "Software as a Service is forecast to have a compound growth rate of 22.1% through 2011 for aggregate enterprise application software markets, more than double the rate of enterprise software."(1)
Brabeion Software is the only company to provide a complete IT GRC management software solution and has gained public recognition as a leader over the past year by Fortune 500 companies and industry analysts. The Brabeion IT GRC Management Suite manages policies, automates IT control monitoring and measures what actually occurs against what business policies, internal governance, and regulatory sources demand.
Brabeion On Demand offers several key benefits to organizations that wish to jump-start IT governance, risk and compliance programs without a high upfront investment in software and IT infrastructure.
Brabeion's solution brings to customers an end-to-end IT GRC suite complete with policy management, survey and assessment capabilities, and robust compliance and risk dashboards. As part of Brabeion On Demand, customers will have access to the Brabeion Knowledgebase - a library containing over 30 regulations, 1,000 IT standards and 6,000 detailed technology controls with content from PricewaterhouseCoopers. With the functionality in the Brabeion solution, and the deep IT controls content in the Brabeion Knowledgebase, customers will be able to move quickly to a robust risk and compliance infrastructure without the lengthy implementation cycles associated with enterprise deployments.
- Higher Value at a Lower Cost
Brabeion On Demand lowers operating costs by an estimated 25% by the need to purchase, maintain and upgrade hardware and software. Value can be realized immediately with a low monthly subscription fee, no upfront license costs and no ongoing maintenance fees.
- Faster, Easier Deployment
With Brabeion On Demand, customers can be up and running in days - reducing compliance cycles and costs by over 50% leveraging the Brabeion Knowledgebase, publishing policy, automating assessments, measuring compliance and optimally managing risk. In addition, customers can apply new features quickly bypassing lengthy upgrade
processes.
- Industrial Strength, Reliability and Security
Brabeion On Demand is hosted through SAVVIS , a recognized leader in
delivering world-class reliable, secure IT Infrastructures. SAVVIS provides flexible hosting, network, security and application services for over 4,000 customers, including many of the Fortune 500, from its 29 datacenters globally, many connected via SAVVIS' Tier-1 Internet backbone.
"A significant segment of our target market has demonstrated to us their need for more agile deployment alternatives. Brabeion On Demand fulfills that need. Teams can be freed to focus exclusively on maturing governance, risk and compliance programs by quickly and smoothly automating key business processes, without the distraction and complexities of managing the IT infrastructure," said Julian Waits, president and CEO for Brabeion Software. "Brabeion is committed to continuing to drive the industry vision for IT GRC by delivering innovative, value-driven products and services for our customers."
Pricing and Availability
Brabeion On Demand is available immediately. Pricing starts as low as $6,000 per month for one regulation and increases with the number of regulations required. For more information contact sales@brabeion.com or go to http://www.brabeion.com/solutions/bra....
About Brabeion Software
Brabeion, the leading software provider in IT Governance, Risk and Compliance, helps organizations achieve and sustain compliance, optimally manage risks and demonstrate governance through full policy, procedure and controls lifecycle management and measurement with automatic testing and analysis of relevant people, process and technology controls. Brabeion's suite for Governance, Risk and Compliance is the first solution to provide the ability to trace impacts of risk and compliance states from business and legislative requirements, through policy and implementation procedures to controls with automated audits and assessments.
(1) Gartner Report Highlight for Dataquest Insight: SaaS Demand Set to Outpace Enterprise Application Software Market Growth by Sharon A. Mertz, 17 August 2007
Source: Brabeion Software
Web site: http://www.brabeion.com/
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