FRAMINGHAM, Mass.--(BUSINESS WIRE)--International Data Corporation (IDC) today published an IDC Innovators report profiling three companies that offer compelling and differentiated whistleblower ethics and reporting management solutions. The three companies named IDC Innovators are Red Flag Reporting, Whistleblower Security, and EthicsGlobal.
Most organizations currently rely on internal reporting channels to learn about incidences of corporate fraud, harassment, and security breaches. Unfortunately, these channels are seldom truly anonymous and can be ineffective. Enabling employees to report fraud and misconduct anonymously can help stop major scandals in early stages before too much damage is done. To meet this need, a specialized segment of the governance, risk, and compliance software and services market has started to bloom, supporting anonymous reporting and communication across hotlines, messaging services, email, and Web portals.
"Outsourcing and hiring a third party to manage your whistleblower services is the most effective way to have effective anonymous reporting that empowers and comforts your employees," said Ryan O'Leary, senior research analyst, Legal, Risk and Compliance Solutions at IDC.
Red Flag Reporting offers an online case management solution with fully anonymous reporting and investigation capabilities that automatically compiles reports from all channels into one management tool.
Whistleblower Security provides three levels of anonymity and a fully searchable case management tool that allows companies to consolidate trends and reports across the organization with an all-inclusive pricing model.
EthicsGlobal tailors its solutions to each customer's needs with a la carte pricing and an in-house software development team capable of delivering completely custom processes and software.
The report, IDC Innovators: Whistleblower Ethics and Reporting Management, 2018 (IDC #US44376318), profiles three emerging vendors with compelling and differentiated solutions for whistleblowing ethics and reporting management.
About IDC Innovators
IDC Innovators reports present a set of vendors – under $100 million in revenue at time of selection – chosen by an IDC analyst within a specific market that offer an innovative new technology, a groundbreaking approach to an existing issue, and/or an interesting new business model. It is not an exhaustive evaluation of all companies in a segment or a comparative ranking of the companies. Vendors in the process of being acquired by a larger company may be included in the report provided the acquisition is not finalized at the time of publication of the report. Vendors funded by venture capital firms may also be included in the report even if the venture capital firm has a financial stake in the vendor's company. IDC INNOVATOR and IDC INNOVATORS are trademarks of International Data Group, Inc.
For more information about IDC Innovators research, please contact Karen Moser at kmoser@idc.com.
About IDC
International Data Corporation (IDC) is the premier global provider of market intelligence, advisory services, and events for the information technology, telecommunications, and consumer technology markets. With more than 1,100 analysts worldwide, IDC offers global, regional, and local expertise on technology and industry opportunities and trends in over 110 countries. IDC's analysis and insight helps IT professionals, business executives, and the investment community to make fact-based technology decisions and to achieve their key business objectives. Founded in 1964, IDC is a wholly-owned subsidiary of International Data Group (IDG), the world's leading media, data and marketing services company that activates and engages the most influential technology buyers. To learn more about IDC, please visit www.idc.com. Follow IDC on Twitter at @IDC and LinkedIn.
