AuditBoard, the leading AI-powered global platform for connected risk transforming audit, risk, and compliance, announced it has been recognized as a Leader in the IDC MarketScape Worldwide Governance, Risk, and Compliance Software 2025 Vendor Assessment (doc # US53615325, June 2025). We believe this recognition highlights the tangible business value AuditBoard customers realize by leveraging the company’s AI-powered connected risk platform to manage risk across their organizations.
“We are honored to be named a Leader in the 2025 IDC MarketScape for GRC Software,” said Happy Wang, Chief Technology Officer at AuditBoard. “We are continuously seeking customer feedback to inform our product roadmap to better empower our customers to inform risk decision-making, enhance resiliency, and enable revenue growth for their organizations.”
- According to the report, “Specific strengths include streamlined and automated risk management programs across the entire risk life cycle, the leveraging of AI-equipped workflows for effective risk management, and automated and agile exception management workflows.”
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“AuditBoard has been consistently addressing market needs by extending its platform beyond its traditional audit management capabilities,” said Philip D. Harris, CISSP, CCSK, Research Director, Governance, Risk and Compliance Services, IDC. “The company’s staff expertise comes directly from the industry practitioner pool of audit and cybersecurity professionals and subject matter experts, allowing the company to stand apart from other competitors. Additionally, the AuditBoard platform brings simplicity to GRC management across the enterprise, enabling customers to begin gaining immediate value from the platform once it is deployed.”
AuditBoard has consistently been recognized for its industry-leading platform and rapid growth, and recently extended its international presence to Germany. The company now serves over 50% of the Fortune 500, was named to the Deloitte Fast 500 list for the sixth consecutive year, and was acquired in mid-2024 by London-based Hg for over $3B in one of 2024’s biggest VC-backed PE transactions.
Source: PRNewswire