THE EVOLUTION OF GRC SOLUTIONS IN THE DIGITAL ERA: MARKET ANALYSIS AND TECHNOLOGICAL TRENDS
Keywords:
GRC (Governance, Risk, And Compliance), Cloud-based Solutions, Artificial Intelligence Integration, ESG (Environmental, Social, Governance), Regulatory ComplianceAbstract
In the digital age, the development of Governance, Risk, and Compliance (GRC) solutions signifies a dramatic shift in how businesses handle risk issues and regulatory obligations. This in-depth article examines the significant trends, technological developments, and prospects of the GRC software business. The article explores the expanding use of cloud-based solutions, the incorporation of machine learning and artificial intelligence, and the increasing significance of ESG factors in risk management frameworks. It also addresses implementation issues and market reactions and examines industry adoption trends, especially in financial services and healthcare. According to the article, new technology and shifting regulatory environments are transforming the GRC sector, spurring innovation, and opening up fresh possibilities for improved risk management and compliance oversight.
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Copyright (c) 2025 Pradeep Kumar Chilukury (Author)
This work is licensed under a Creative Commons Attribution-NonCommercial 4.0 International License.
