Mergers & acquisitions, strategic alliances, and partnerships are undertaken to expand market share, gain domain knowledge, and improve profitability. This trend of market consolidation is contributing to increased compliance risk. Additionally, companies introduce new products for multiple industry verticals to generate more top-line revenue.
In this milieu, organizations should eschew a siloed approach among geographically separate business units. Therefore, compliance and risk management is imperative. Today, firms strive to embrace governance, risk, and compliance (GRC) software platforms to drive sustainability and enable effective governance and risk management. Analysts forecast the GRC platform market to grow at a CAGR of 9.42% over the 2013-2018 period.
Ikon-Tech, a pioneer in GRC solutions, provides strategic insights and advisory services to surmount enterprise-level compliance risk challenges. We have developed a unique industry-specific portfolio, fueled by relevant experience and expertise in the technology and business domain. Our differentiated solutions have enabled clients to reduce exposure while improving governance risk management.