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Also known as third-party risk management (TPRM), VRM goes beyond the general risk management (RM) and governance, risk, and compliance (GRC) solutions with risk management for organizations working with third parties. CSTAR scores are also usable for cybersecurity insurance underwriting. MetricStream TPRM. Forrester Wave.
A recent Frost & Sullivan report projects the global connected medium and heavy-duty commercial vehicles market to be close to $10 billion by 2028. Government regulations will boost the uptake of telematics and fleet management systems across the commercial vehicles space. The competitive landscape will evolve.
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