Blue Hill Research Report
As the enterprise risk intelligence market has matured, shifts in underlying investment drivers and solution implementation options have placed greater emphasis on the value offered by difference vendors. First-generation enterprise risk evaluations and investment decisions largely turned on regulatory demands and requirements satisfaction. A broader set of factors tied to the complexity, pace of change, risk-sensitivity, and business impact in enterprise risk management have become crucial in solution investment decision-making.
These factors place greater emphasis on the time, effort, scalability, and cost of implementation as contributors to time to value and total value realized. As a result of these trends, enterprise platform providers will increasingly turn to factors such as expected implementation cost, time, and contributed value margin as product differentiators. Organizations contemplating new enterprise risk investments will, in turn, benefit by expanding the scope of solution evaluation to consider these factors. Doing so effectively will require a corresponding expansion in the models that are used to compare enterprise risk solution providers.
This benchmark report explores enterprise risk implementation experiences related to the adoption of the RiskVision platform against the general enterprise risk implementation framework identified in prior Blue Hill research.