A Gartner report projects a 50% increase in spending on governance, risk and compliance technology by 2026—a surge sparked by rising regulatory requirements.
September 15, 2023 at 03:25 PM
3 minute read
Legal and compliance teams, buckling under heavier and more complex reporting requirements by federal regulators, are likely to boost their spend on governance risk and compliance technology 50% by 2026, according to Gartner Inc.
The tech research and consulting firm said companies particularly need help coping with executive risk oversight and monitoring.
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