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News

DB3 created for marketing HiSolutions GRC software

HiSolutions : 02 September, 2009  (Company News)
HiSolutions' Governance, Risk and Compliance suite will be marketed in Europe under the DB3 spin-off company
German IT consultancy, HiSolutions, has announced the launch of a new spin-off company, DB3 to develop and sell HiScout GRC Suite, its already highly successful Governance, Risk and Compliance (GRC) software. DB3 will be dedicated to developing and maximising the potential of the HiScout product which is module based, enabling it to address the needs of all enterprises regardless of whether they wish to address governance risk and compliance on a siloed or holistic basis.


Michael Langhoff, co-managing director and chief technical officer of DB3 and former co-managing director of HiSolutions says: "We are dedicated to continuously improving the Hiscout GRC Suite in order to deliver the most user-friendly, scalable and efficient tool for managing organisations' Governance, Risk and Compliance needs. The in-depth industry knowledge and expertise that we have gained in 15 years of Consultancy and 5 years of software development will enable mid to large sized organisations in the public and private sector to benefit from a comprehensive and flexible product suite that helps them make more informed decisions about managing risk and applying the right levels of investments for the appropriate IT security across their organisations. It will also improve productivity by automating the implementation and control of world class best practices including ITIL and COBIT and address regulatory and legal requirements such as IT Grundschutz, ISO9000, ISO27001, ISO27002 and Basel II."

DB3's Hiscout GRC Suite is a flexible, web-based platform that brings together modules on information security management, business continuity, Risk Management and business impact analysis. It enables users to take a strategic enterprise-wide approach to IT and operational Risk Management processes and compliance and can scale to meet the needs of any organisation as it grows.

Brigitte Brun, co-managing director strategy and operational excellence says: "The leadership team is wholly committed to ensuring a product and service of the highest quality to its customers, with the objective of DB3 becoming the leading provider of GRC software in the DACH region within the next four years. Our product Hiscout GRC Suite is successfully running in 34 large enterprises in the DACH region. Our experience in Lean Six Sigma and Quality Management along with a creative business model and trustworthy staff will no doubt ensure the company achieves its long-term objective to become the de facto quality standard for GRC tools in our region."

DB3 will sell HiScout exclusively through a network of specialist channel partners, who will be specifically chosen for their ability to convey and support their customers with best practice and expertise in managing Governance, Risk and Compliance systems and for their dedication to customer satisfaction. The initial sales drive will focus primarily on Germany, Switzerland and Austria. Partner HiSolutions will continue to support its 30+ existing HiScout customers, who will now benefit from DB3's investment in product development.

In the UK, HiScout GRC Suite will be available through Commissum, a DB3 solution partner with specialist expertise and experience in providing information assurance services. Robin Hollington of Commisium says: "HiScout GRC Suite consists of modules in business continuity, risk management, IT systems information Management, quality processes and policy management, compliance and IT security management which means clients can choose whether they want to take a single focussed or more unified holistic approach to governance, risk and compliance. The software will help our clients exploit the business opportunities that arise from having an in-depth understanding of the security risks and compliance requirements across their organisations and perfectly complements our existing services.

The executive team at DB3 includes:

* Brigitte Brun, co-managing director for strategy and for operational excellence, responsible for strategy and developing corporate strategy as well as driving productivity and customer satisfaction.
* Michael Langhoff, co-managing director and chief technical officer, responsible for driving technology and development as well as overall operations at DB3.
* Rolf Irion, co-managing director and channel sales director, responsible for developing DB3's sales channel and generating revenue growth.
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