SAP updates risk management tools
SAP has introduced three compliance tools as it expands its effort to help corporate executives stay in compliance with government regulations like the Sarbanes-Oxley Act and Basel II, reports Computer World.
SAP officials said the new governance, risk and compliance (GRC) products are built on a service-oriented architecture (SOA) to enable enterprise-wide gathering, consolidation and presentation of relevant operational information for risk management and compliance efforts.
The products will be out just a few months after SAP beefed up its compliance business with the acquisition of Virsa Systems, a producer of risk management tools. SAP did not disclose pricing for the three new applications.
Increased demand to push IT governance
IT governance is forecast to see increased demand in the near future, reports ETNews.
Companies such as CA Korea, Mercury Interactive Korea, and Compuware are expanding their target markets by aiming at large enterprises and the financial sector.
Samsung Electronics said it has already completed IT governance in its foreign business division and is looking for the way to expand it to the entire company. The company has asked solution companies for proposals and starts consulting before applying it in the near future.
Angolan govt approves IT governance plan
The Angolan Government Information Technology Steering Plan has been approved by the cabinet and has come into force, reports Angola Press.
The initiative takes into account the fact that ICT is a key tool for the sustainable development of Angola, and now the country`s government has acknowledged that IT is a springboard in the application of good governance.
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