Prevalent Recognized as a Representative Vendor in 2022 Gartner® Market Guide for IT Vendor Risk Management Solutions

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Gartner just released the 2022 Market Guide for IT Vendor Risk Management Solutions. The report defines the IT VRM market, explains what clients can expect it to do in the short term, and examines 20 IT VRM providers. Prevalent is pleased to be listed among a select group of IT VRM vendors delivering against both GRC/VRM and Risk Exchange or Marketplace use cases.

How Prevalent Believes We Are Differentiated in the Vendor Risk Management Market

The Prevalent VRM platform’s reporting functionality includes machine learning analytics, which correlates and normalizes risk data from several sources. This data includes cyber, business, financial and reputational intelligence from the platform’s natively integrated assessment and continuous monitoring capabilities.

We believe this means that Prevalent is unique in enabling customers to a) unify the results of assessments and continuous monitoring for a comprehensive view of vendor risk, and b) report on the results to effectively manage risk throughout the vendor lifecycle.

In addition to reporting and unified assessments and monitoring, Prevalent is recognized in the report for delivering solutions across both use cases, GRC/VRM and Risk Exchange or Marketplace. We believe that we offer the most comprehensive and flexible delivery model (including self-service platform, managed services, and network options) with straightforward pricing. We also believe that enables us to address the VRM needs of companies of all sizes – from SMBs to large global enterprises – across several industries.

Next Step: Download the 2022 Gartner Market Guide for IT VRM Solutions

Find out how Prevalent can help you address your vendor risk management challenges by requesting a demo today.

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Gartner, “Market Guide: IT Vendor Risk Management Solutions,” Luke Ellery, Edward Weinstein, Joanne Spencer, 29 September 2022.

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