IBM unveils new risk management solns

BANGALORE: IBM today unveiled new technologies and services to target the growing IT governance and risk management market, which is expected to exceed $30 billion by 2008. IBM‘s Business of IT Dashboard, Tivoli Business Service Manager, Tivoli Security Operations Manager v4.1 and Rational Portfolio Manager v.7.1 helps clients to optimize business performance and resilience by enabling more effective IT governance and risk management.

IBM surveys reveal that 79 per cent of CFOs indicated they would adopt governance structures to integrate information and deliver business insight within the next three years, while 64 per cent of CIOs see security compliance and data protection as one of the most significant challenges facing IT organizations.

“As the nervous system of the business, IT must adapt dynamically as business service demands change – delivering quickly on new requirements and responding to new threats,” said Aldrin D’Souza, country manager, Tivoli, Software Group, IBM India. “Successfully implementing IT governance and risk management as a lifecycle is critical as businesses today are facing increasing globalization, staggering regulatory complexity and an ever-evolving security threat landscape.

IBM provides in self-managing autonomic technology combined with an experience-based approach and methodology that enables clients to run resilient, high performance, compliant businesses.” IBM also has added several governance and risk management capabilities through recent acquisitions including Internet Security Systems, Consul, FileNet and Micromuse, IBM statement said.