GRC applications have historically been available primarily as on-premise deployments, but a trend is emerging that is seeing the rise of remotely hosted and cloud deployment options.
The growth in the global Software-as-a-Service (SaaS) market is largely driven by the increasing need for organisations to cut costs, and by the relative speed and ease with which SaaS solutions can be deployed.
Smaller companies are learning that although GRC tools are impressive, they can be oppressive when there isn’t a corresponding organisational GRC maturity.
Managed Services have evolved to fill the gap between traditional ‘grunt work’ outsourcing and the need for pro-active third party management of tools.