The 2021 Gartner Magic Quadrant for IT VRM Tools is now available! Get your complimentary copy here!

Prevalent Named a Leader in the 2021 Gartner® Magic Quadrant™ for IT Vendor Risk Management Tools

Prevalent Believes Being Named a Leader in Back-to-Back Years Validates the Company’s Comprehensive VRM Software and Services Solution
September 02, 2021
News gartner mq 2021 0921

PHOENIX, September 2, 2021 – Prevalent, Inc., the company that takes the pain out of third-party risk management (TPRM), today announced it has been named a Leader in the 2021 Gartner Magic Quadrant for IT Vendor Risk Management Tools. This is the second straight year Prevalent has been recognized as a Leader in the Magic Quadrant.

The Prevalent Third-Party Risk Management Platform is a SaaS solution that enables companies to automate the critical tasks required to assess, manage, continuously monitor and remediate third-party security, privacy, compliance and procurement-related risks across every stage of the vendor lifecycle.

Prevalent believes its Magic Quadrant recognition validates its key differentiators including:

“We believe being positioned in the Leaders quadrant, due to our Ability to Execute and Completeness of Vision, further validates the strength of our vendor risk management approach,” said Kevin Hickey, CEO of Prevalent. “To us, being named a Leader in the Magic Quadrant for IT Vendor Risk Management Tools clearly illustrates not only the hard work of our team, but also the dedication to delivering innovative solutions to our customers. With constant third-party data breaches, supply chain disruptions and new regulatory requirements to meet, it’s more important than ever for companies to implement a vendor risk management program that combines execution against today’s threats and a strong vision for the future. Prevalent delivers the intelligence and programmatic process to help companies mitigate today’s risks.”

> Access a complimentary copy of the 2021 Gartner Magic Quadrant for IT VRM Tools

> Read the Prevalent blog post with additional insights about the report

Gartner Disclaimer: Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

Gartner, Magic Quadrant for IT Vendor Risk Management Tools, Joanne Spencer, Edward Weinstein and Luke Ellery, August 2021

Gartner and Magic Quadrant are registered trademarks of Gartner, Inc. and/or its affiliates in the U.S. and internationally and is used herein with permission. All rights reserved

About Prevalent

Prevalent takes the pain out of third-party risk management (TPRM). Companies use our software and services to eliminate the security and compliance exposures that come from working with vendors, suppliers and other third parties across the vendor risk management lifecycle. Our customers benefit from a flexible, hybrid approach to TPRM, where they not only gain solutions tailored to their needs, but also realize a rapid return on investment. Regardless of where they start, we help our customers stop the pain, make informed decisions, and adapt and mature their TPRM programs over time.

Media Contact

Angelique Faul, Silver Jacket Communications, 513-633-0897, angelique@silverjacket.net