MetricStream specializes in enterprise and cloud applications for Governance, Risk, Compliance, and Quality Management. MetricStream's applications and solutions improve business performance by strengthening risk management, corporate governance, regulatory compliance, vendor governance, and quality management for users across many industries, including Financial Services, Healthcare, Life Sciences, Energy and Utilities, Food, Retail, CPG, Government, Hi-Tech and Manufacturing. MetricStream is headquartered in Palo Alto, California, maintains operations and research and development (R&D) center in Bangalore, India, and conducts sales and operational support through offices in cities spanning the globe.
ESPs containing MetricStream
The ESP matrix leverages data and analyst insight to identify and rank leading companies in a given technology landscape.
The business continuity management (BCM) market provides solutions that help organizations prepare for and respond to potential disruptions in their operations. These disruptions can range from natural disasters to cyber attacks. BCM solutions include risk assessments, business impact analyses, crisis management plans, and disaster recovery strategies. The market is expected to grow due to increas…
Research containing MetricStream
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CB Insights Intelligence Analysts have mentioned MetricStream in 2 CB Insights research briefs, most recently on May 24, 2023.
Expert Collections containing MetricStream
Expert Collections are analyst-curated lists that highlight the companies you need to know in the most important technology spaces.
MetricStream is included in 6 Expert Collections, including Regtech.
Technology that addresses regulatory challenges and facilitates the delivery of compliance requirements. Regulatory technology helps companies and regulators address challenges ranging from compliance (e.g. AML/KYC) automation and improved risk management.
Grid and Utility
Companies that are developing and implementing new technologies to optimize the grid and utility sector. This includes, but is not limited to, distributed energy resources, infrastructure security, utility asset management, grid inspection, energy efficiency, grid storage, etc.
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Companies and startups in this collection provide technology to streamline, improve, and transform financial services, products, and operations for individuals and businesses.
These companies are featured in our Cybersecurity in Retail Tech Market Map report, published March 2021.
MetricStream has filed 7 patents.
Database management systems, Data management, Data modeling, Relational model, Information technology management
Database management systems, Data management, Data modeling, Relational model, Information technology management
Latest MetricStream News
Sep 3, 2023
News provided by Share this article Share toX NEW YORK, Sept. 3, 2023 /PRNewswire/ -- The audit software market is expected to grow by USD 999.24 million from 2022 to 2027, progressing at a CAGR of 13.36% as per the latest Technavio market research report. North America is going to have lucrative growth during the forecast period. About 43% of the market's overall growth is expected to originate from North America. This is driven by the need to optimize corporate finance frameworks and meet regulatory requirements. The US and Canada are important revenue-generating countries in the region. Furthermore, many U.S. companies face obstacles in effectively managing new and unusual risks when structuring financing. Aligning strategic goals with the financial structure is also a challenge. To overcome these obstacles, organizations are increasingly adopting audit software to facilitate seamless coordination of the entire audit lifecycle. Hence, these factors are expected to drive market growth in the region during the forecast period. For more insights on the market share of various regions- Download a sample report in MINUTES Audit Software Market - Market Dynamics Key Driver The rise in the adoption of audit software due to several benefits is a key factor driving market growth. The application of technology in auditing is increasingly favored by auditors because of the benefits it brings, including automating the entire audit process from planning to reporting. Auditing software streamlines data management and centralizes financial and business documents. Furthermore, it offers improved performance, time and cost savings, and increased efficiency for companies that use it during audits. The software also helps companies comply with national audit regulations. Hence, these advantages are expected to drive market growth during the forecast period. Major Trend The emergence of audit software with predictive analytics is a major trend in the market. Integrating predictive analytics into audit software improves the efficiency, reliability, and relevance of audit evidence. Audits using predictive analytics can predict future outcomes by leveraging the insights provided by data. In addition, predictive analytics helps to identify a company's financial vulnerabilities and gain insight into customer activity. Through analysis, links between the entity's financial framework and operational processes can be created, making it easier to identify potential risk factors. Hence, these advantages are expected to drive market growth during the forecast period. Some of the key Audit Software Market Players: The audit software market is fragmented and the companies are deploying organic and inorganic growth strategies to compete in the market. AuditBoard Inc., Benchmark Digital Partners LLC, CaseWare International Inc., ComplianceBridge Corp., Dassault Systemes SE, Diligent Corp., Ideagen, International Business Machines Corp., Intertek Group Plc, Kroll LLC, MasterControl Solutions Inc., MetricStream Inc., NAVEX Global Inc., Netwrix Corp., Optial UK Ltd., Oversight Systems Inc., Perillon Software Inc., SAP SE, Wolters Kluwer NV, and Workiva Inc. Audit Software Market: Segmentation Analysis This market research report segments the audit software market by Deployment (On-premise and Cloud), Type (Large enterprise and SMEs), and Geography (North America, Europe, APAC, Middle East and Africa, and South America). The market share growth in the on-premise segment will be significant during the forecast period. Deployment of an on-premises deployment model requires a significant initial investment to build a dedicated IT support team for server setup and maintenance. On-site audit software is mainly used by multinational corporations to improve the monitoring of the audit process, especially when dealing with sensitive financial information. In addition, this approach gives companies greater control over the process through secure logging and access control, ensuring the highest level of data security. Hence, these factors are expected to drive segment growth during the forecast period. Company Landscape Key companies profiled AuditBoard Inc., Benchmark Digital Partners LLC, CaseWare International Inc., ComplianceBridge Corp., Dassault Systemes SE, Diligent Corp., Ideagen, International Business Machines Corp., Intertek Group Plc, Kroll LLC, MasterControl Solutions Inc., MetricStream Inc., NAVEX Global Inc., Netwrix Corp., Optial UK Ltd., Oversight Systems Inc., Perillon Software Inc., SAP SE, Wolters Kluwer NV, and Workiva Inc. Market dynamics Parent market analysis, Market growth inducers and obstacles, Fast-growing and slow-growing segment analysis, COVID-19 impact and recovery analysis and future consumer dynamics, Market condition analysis for the forecast period Customization purview If our report has not included the data that you are looking for, you can reach out to our analysts and get segments customized. Table of Contents About Technavio Technavio is a leading global technology research and advisory company. Their research and analysis focus on emerging market trends and provide actionable insights to help businesses identify market opportunities and develop effective strategies to optimize their market positions. With over 500 specialized analysts, Technavio's report library consists of more than 17,000 reports and counting, covering 800 technologies, spanning across 50 countries. Their client base consists of enterprises of all sizes, including more than 100 Fortune 500 companies. This growing client base relies on Technavio's comprehensive coverage, extensive research, and actionable market insights to identify opportunities in existing and potential markets and assess their competitive positions within changing market scenarios. Contacts
MetricStream Frequently Asked Questions (FAQ)
When was MetricStream founded?
MetricStream was founded in 1999.
Where is MetricStream's headquarters?
MetricStream's headquarters is located at 2479 East Bayshore Road, Palo Alto.
What is MetricStream's latest funding round?
MetricStream's latest funding round is Series G - II.
How much did MetricStream raise?
MetricStream raised a total of $186.72M.
Who are the investors of MetricStream?
Investors of MetricStream include Goldman Sachs, Sageview Capital, EDBI, Clearlake Capital Group, Kaiser Permanente Ventures and 18 more.
Who are MetricStream's competitors?
Competitors of MetricStream include Hyperproof, Clausematch, Onspring, Strategic Risk Associates, 6clicks, ThirdPartyTrust, SecurityScorecard, Udbhata Technologies, Resolver, CyberSaint Security and 15 more.
Compare MetricStream to Competitors
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Archer specializes in providing integrated risk management solutions. It provides IT and security risk management, audit management, regulatory and corporate compliance, and more services. The company was founded in 2021 and is based in Overland Park, Kansas.
AuditBoard offers a cloud-based platform helping enterprises automate, collaborate, and report on critical risk, audit, and compliance workflows in real time. The company provides a suite of audit management and compliance solutions for the Sarbanes-Oxley Act (SOX), controls management, operational audits, enterprise risk management (ERM), and workflow management. It serves the healthcare, manufacturing, media and telecommunication, real estate and construction industries, and more. AuditBoard was formerly known as SoxHub. It was founded in 2014 and is based in Cerritos, California.
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Vanta is a trust management platform. The platform automates security assessments, provides insights into risk, and helps organizations communicate their security posture to customers, partners, and investors. It was founded in 2018 and is based in San Francisco, California.
LogicGate operates as a process automation platform. It offers cyber risk and controls compliance, enterprise risk management, third-party risk management, controls compliance, policy management, and more. It serves software, telecommunication, banking, insurance, investment services, and other sectors. The company was founded in 2015 and is based in Chicago, Illinois.