OPUS 2008 – our 5th annual OpenPages User Symposium recently concluded with elevated excitement about improving business performance with OpenPages solutions as well as a renewed emphasis on managing risk given the current market turmoil and downturn.
Hopefully you attended and enjoyed the content-rich agenda with leading keynotes from industry experts as well as a large number of case studies from global organizations deploying enterprise GRC solutions based on OpenPages. In the product direction keynote led by OpenPages’ Gordon Burnes, Pat O’Brien and John Lundgren, a number of thought-provoking and forward looking questions were asked using an OPUS-first innovative electronic name badge by nTag which allowed live voting and results tallying.
We polled the 150+ strategic risk, governance and finance professionals from Fortune 1000 companies in the audience and found some very interesting and telling trends. For instance, while industry experts predict that overall IT spending may be flat or down next year, over 90% reported that investments in GRC technology will increase or at least remain the same in 2009, and 90% of those polled expect new laws and regulations to be introduced next year in an effort “to improve corporate risk management oversight.”
Clearly, the results of this year’s survey highlight the impact of the current financial crisis on enterprise risk management efforts and the role GRC management solutions will play in helping customers mitigate risk while integrating and managing all of their risk management practices.
To view the actual questions and results check out our Flickr page at: http://www.flickr.com/photos/openpages2.
To read the OpenPages announcement, visit the OpenPages News and Events page.