AuditBoard, a leading AI-powered platform for connected risk, has been named a Leader in the IDC MarketScape: Worldwide Governance, Risk, and Compliance Software 2025 Vendor Assessment (doc # US53615325, June 2025), as announced on July 11, 2025, in Los Angeles. This recognition underscores AuditBoard’s ability to deliver tangible business value through its innovative platform, transforming audit, risk, and compliance for global enterprises.
AuditBoard named Leader in IDC MarketScape for GRC Software 2025.
AI-powered platform streamlines risk management and compliance workflows.
Serves over 50% of Fortune 500, acquired by Hg for over $3B in 2024.
Recognized for automated workflows and practitioner-driven expertise.
Also a Major Player in IDC MarketScape for Sustainability and ESG 2025.
Awarded G2’s Best Software Products and 2024 Cybersecurity Breakthrough.
AuditBoard’s platform leverages AI-equipped workflows to streamline the entire risk management lifecycle, offering automated exception management and agile compliance solutions. “We are honored to be named a Leader in the 2025 IDC MarketScape for GRC Software,” said Happy Wang, Chief Technology Officer at AuditBoard. “We are continuously seeking customer feedback to inform our product roadmap to better empower our customers to inform risk decision-making, enhance resiliency, and enable revenue growth for their organizations.” The IDC report highlights AuditBoard’s simplicity and immediate value post-deployment, driven by a team of audit and cybersecurity experts.
Serving over 50% of the Fortune 500, AuditBoard has expanded internationally, recently establishing a presence in Germany. Acquired by Hg for over $3 billion in mid-2024, the company continues its rapid growth, earning a spot on the Deloitte Fast 500 for six consecutive years. Beyond GRC, AuditBoard is a Major Player in IDC MarketScape assessments for Sustainability Management Platforms and ESG Reporting 2025 (doc # US52995125, # US52995025, May 2025). It also secured G2’s Best Software Products award for two years, the 2024 Cybersecurity Breakthrough Award for Best Risk Management Solution, and the 2024 Stratus Award for top Platform as a Service.
The IDC MarketScape praises AuditBoard’s ability to address market needs beyond traditional audit management, offering a unified platform for enterprise-wide GRC. “AuditBoard has been consistently addressing market needs by extending its platform beyond its traditional audit management capabilities,” said Philip D. Harris, Research Director at IDC. The platform’s intuitive design and practitioner expertise enable organizations to manage risks effectively, ensuring compliance and fostering resilience in a complex regulatory landscape.
AuditBoard’s recognition as a Leader in the IDC MarketScape 2025 reinforces its position as a category-defining platform for connected risk. By integrating AI-driven automation and expert insights, AuditBoard empowers enterprises to navigate evolving risks, driving operational excellence and strategic growth.
IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of technology and service suppliers in a given market. The research utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each supplier's position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of technology suppliers can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective suppliers.
AuditBoard's mission is to be the category-defining global platform for connected risk, elevating our customers through innovation. More than 50% of the Fortune 500 trust AuditBoard to transform their audit, risk, and compliance management. AuditBoard is top-rated by customers on G2, Capterra, and Gartner Peer Insights, and was recently ranked for the sixth year in a row as one of the fastest-growing technology companies in North America by Deloitte.
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