LockPath Included as a Leader in Gartner’s 2017 Magic Quadrant for IT Vendor Risk Management
July 2017 by Marc Jacob
LockPath announced that LockPath was included in Gartner Inc.’s Magic Quadrant for IT Vendor Risk Management. The report aims to help sourcing and vendor management leaders evaluate IT vendor risk management (IT VRM) software solutions.
LockPath was recognized as a leader in the space for its Keylight Platform. Within LockPath’s Keylight Platform, its IT VRM solution streamlines the process of evaluating vendors, contractors, suppliers, and service providers for risk and compliance. The platform integrates the full vendor lifecycle into daily processes and includes capabilities for information gathering, due diligence investigation, risk assessments, contract negotiation, ongoing monitoring, and termination workflows. LockPath has now been included in a number of Gartner reports in the past year including most recently being recognized in Gartner’s Magic Quadrant for IT Risk Management Solutions as a visionary in the space for its Keylight Platform which continues to validate LockPath’s growth and impact to the market.