Technology Industry
Accelerate Growth and Innovation by Managing Enterprise Risk, Cyber Risk, and Compliance
Technology Industry
Measure Your Program Outcomes
- 90%
reduction in the time taken to manage compliance activities
- 50%
savings in time and costs for third-party assessments and risk identification
- 67%
improvement in risk reporting visibility and efficiency for the executive management and board
Successfully Reduce Risk, Compliance, and Cybersecurity Challenges
The technology industry faces a rapidly shifting risk landscape accelerated by increasing industry standards, new regulatory requirements, and changing customer expectations. As customer experience become the key differentiator, the technology industry further needs to boost its speed-to-market and operational efficiencies. To continue the pace of innovation and growth, companies need a streamlined and efficient approach to manage and mitigate risks, compliance issues, and ensure operational resilience. MetricStream Governance, Risk Management, and Compliance enables organizations in the technology industry to hyper automate and connect enterprise risk, compliance, audit, cyber risk, and third-party programs giving them a strategic competitive advantage.
How MetricStream Software Solutions Help You
Strengthen Cyber Risk and Compliance
Adopt a risk-based approach to cybersecurity. Implement a unified real-time view of the risk and compliance posture with connected risk, audit, and compliance programs and capabilities. Quickly prioritize investments and action plans to reduce risk exposure, align with strategic goals and business objectives, and improve resiliency. Embed best practices, frameworks, and content including ISO 27001, NIST CSF, and NIST SP800-53 for rapid implementation, minimized potential risks, and strengthened cyber resilience.
Increase Visibility into IT Vendor Risk
Effectively manage the risk associated with your vendor ecosystem and ensure they comply with industry standards and regulatory requirements to empower your organizations to innovate faster, decrease costs, and increase agility. Automate end-to-end vendor risk management processes including information gathering, onboarding, real-time monitoring, risk, compliance, and control assessments, and risk mitigation. Take advantage of automated tracking and controls to optimize internal resources, mitigate risks, and ensure that compliance is maintained.
Effectively Manage Regulatory Compliance
Ensure your organization remains compliant with various data privacy, regulatory and industry standard requirements across geographies. Effectively centralize compliance programs, constantly track changes, adapt internal process to ensure compliance and manage and mitigate risk. Gain an integrated approach to regulatory compliance for the technology industry ensuring that your organization can stay on top of changing regulatory obligations, implement necessary controls and policies, and perform compliance assessments to sustain compliance.
Implement Efficient Integrated Risk Management
Effectively manage and mitigate the wide range of risks faced by technology companies. Shift from working in siloes, the using excel sheets, and other point solutions that will not provide the required scalability. Connect all risks across the enterprise by unifying risk management activities across business functions. Make risk-informed decisions to ensure that there is effective management of current and emerging enterprise risks, including strategic, third-party, cyber, product, and compliance risks.
How MetricStream Benefits Your Business
- Enable unified visibility into IT and cyber risks and compliance issues and prioritize action plans and investments to mitigate risk and ensure compliance in the technology industry
- Demonstrate risk and compliance maturity, pass audits by adopting an integrated approach to risk, resilience, and compliance
- Accelerate risk-based decision-making and governance across the entire enterprise with accurate and timely insights
- Proactively manage vendor risks for the technology industry by automating onboarding, due diligence, continuous monitoring, and more
Related Resources
Frequently Asked Questions
Technology companies face GRC challenges driven by rapid innovation, shifting customer expectations, evolving regulatory policies, and continuous market disruption. Evolving requirements around data privacy, AI ethics, and cybersecurity are reshaping how tech companies operate. The growing complexity of third-party ecosystems, coupled with rising cyber threats, has heightened the urgency for a more resilient and transparent risk management approach, one that keeps pace with the speed of innovation without compromising governance or compliance.
MetricStream's Regulatory Compliance solution helps technology companies centralize data privacy and security compliance requirements across geographies, enabling faster adaptation to evolving regulations. The platform supports tracking and management of changing regulatory obligations, implementation of controls to ensure compliance, and timely compliance assessments, helping tech organizations stay on top of requirements such as GDPR, CCPA, and sector-specific cybersecurity mandates without disrupting operations or innovation cycles.
MetricStream's Cyber GRC solution enables technology companies to adopt a risk-based approach to cybersecurity, implementing a unified real-time view of risk and compliance posture with connected risk, audit, and compliance programs. Organizations can quickly prioritize investments and action plans to reduce risk exposure, align with strategic goals and business objectives, and embed best practices and frameworks, including ISO 27001, NIST CSF, and NIST SP800-53, for rapid implementation and strengthened cyber resilience.
MetricStream's Enterprise Risk Management solution enables technology companies to shift from working in silos, using error-prone spreadsheets and multiple point solutions, to a connected, scalable, and efficient GRC platform. The solution consolidates risk management across all business functions and provides a 360-degree view of enterprise risks in one place, including strategic, cyber, third-party, product, and compliance risks. Organizations can make informed, data-driven decisions that enhance resilience and support sustainable growth in a competitive market.
MetricStream's Third-Party Risk Management solution helps technology companies effectively manage risk associated with their vendor ecosystem and ensure vendor compliance with industry standards and regulatory requirements. The platform automates end-to-end vendor risk management processes, including information gathering, onboarding, real-time monitoring, risk and compliance assessments, and risk mitigation, enabling tech organizations to innovate faster, decrease costs, and increase agility while maintaining strong governance over their supply chain.
MetricStream helps technology companies demonstrate risk and compliance maturity and successfully pass audits by adopting an integrated approach to risk, resilience, and compliance management. The platform connects risk, audit, and compliance programs into a single framework with consistent controls, enabling real-time visibility and proactive issue resolution. This unified approach reduces audit preparation effort, strengthens the audit trail, and gives auditors and regulators a clear picture of the organization's governance posture.
According to MetricStream customer responses and the GRC Journey Business Value Calculator, technology companies using MetricStream have achieved a 90% reduction in the time taken to manage compliance activities, a 50% savings in time and costs for third-party assessments and risk identification, and a 67% improvement in risk reporting visibility and efficiency for the executive management and board. These outcomes reflect the platform's ability to streamline governance and free up risk teams to focus on strategic priorities.
MetricStream enables technology companies to balance rapid innovation with strong governance by connecting data, processes, and teams across risk, compliance, cyber, and third-party functions in a single platform. By providing real-time visibility, automated workflows, and consistent controls, MetricStream empowers enterprises to mitigate risks, improve governance maturity, and drive innovation securely — ensuring that speed to market does not come at the cost of compliance or security posture.
AI capabilities within MetricStream's technology industry GRC solution accelerate risk-based decision-making and governance across the enterprise. AI automates risk identification, assessment, and reporting workflows, reducing the time and cost of managing complex compliance programs. AI capabilities across the platform surface emerging risks, flag control deficiencies, and recommend actions, enabling technology risk and compliance teams to operate more proactively and efficiently at scale.
As technology companies adopt AI across their products and operations, governance requirements around AI ethics, fairness, transparency, and accountability are increasing. MetricStream's integrated GRC platform helps organizations track and manage AI-related regulatory obligations, map AI ethics policies to controls, and perform compliance assessments against emerging AI governance frameworks. This enables tech companies to demonstrate responsible AI practices to customers, regulators, and board members.
