BIC GRC vs MEGA HOPEX comparison

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634 views|326 comparisons
84% willing to recommend
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Executive Summary

We performed a comparison between BIC GRC and MEGA HOPEX based on real PeerSpot user reviews.

Find out what your peers are saying about RSA, AuditBoard, Trend Micro and others in GRC.
To learn more, read our detailed GRC Report (Updated: April 2024).
767,667 professionals have used our research since 2012.
Featured Review
Quotes From Members
We asked business professionals to review the solutions they use.
Here are some excerpts of what they said:
Pricing and Cost Advice
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  • "If you want to use additional features, such as the Risk Management capability, then it is a little too expensive."
  • "It is very expensive."
  • "The price of the MEGA HOPEX license could improve, it is expensive. The license key for business process analysis and IT architecture is approximately €10,000. This price is fixed, it's not a subscription or cloud-based version. It is a one-time price."
  • "The price of the support depends on the vendors that are reselling this module or the MEGA HOPEX version 5. We are on premium support and are their only partners in the GCC, we have a premium support contract with them. The support we have is not with the client. The client does not bear the cost, it's us who bear the cost."
  • "I've been told that MEGA HOPEX is very expensive, which is why small organizations dismiss the tool. It's complex and costly versus other simpler and cheaper solutions."
  • "The product has a high cost."
  • "The tool is relatively expensive."
  • "The pricing depends on the number of licenses purchased."
  • More MEGA HOPEX Pricing and Cost Advice →

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    Top Answer:Hi @Cheryl Joseph ​Looking at the crossover between Project and Portfolio management with EA, then Planview could be a good choice. If looking at Portfolio Management from an EA perspective then… more »
    Top Answer:An advantage is its accessibility.
    Top Answer:The solution is expensive. Our organization is very small but has the complex needs that this solution fits.
    Ranking
    45th
    out of 86 in GRC
    Views
    136
    Comparisons
    61
    Reviews
    0
    Average Words per Review
    0
    Rating
    N/A
    4th
    out of 86 in GRC
    Views
    634
    Comparisons
    326
    Reviews
    12
    Average Words per Review
    460
    Rating
    8.2
    Comparisons
    Also Known As
    BIC Cloud GRC
    Learn More
    Overview

    Company-wide management, control and monitoring

    The management of risks is one of the central issues for successful corporate management. As part of this, the areas of governance, risk, and compliance, or GRC for short, represent important cornerstones for identifying, assessing and avoiding risks. BIC GRC offers the best prerequisites for reliable, company-wide risk management. The solution brings together the various perspectives of the participants involved on a uniform process basis.

    The use of BIC GRC enables efficient and flexibly adaptable risk and control management, standardized quality assurance and serves as a basis for better strategic decision-making. In this way, you intelligently unite the areas of risk management, internal control system and compliance in your company. Control risks across departments. Automate measures to minimize risks.

    Our GRC software supports you in many ways:

    • Establishment of a unified framework for governance, risk & compliance
    • Securing management and control mechanisms throughout the company
    • Uniform reporting for internal and external audits
    • Improved transparency and auditability
    • Ensuring quality standards
    • Automation and reporting capabilities

    A detailed documentation provides all relevant documents for quality management and audits. Due to the possible connection of BIC GRC to the holistic BPM suite BIC Platform, processes from description and implementation (BIC Process Design) to automation and execution (BIC GRC) to monitoring and optimization (BIC Process Mining) can be mapped in the company.

    Since legal requirements as well as internal compliance guidelines apply to all companies, BIC GRC is generally applicable in all areas. In particular, medium-sized to large companies and stock corporations with a reporting obligation for entrepreneurial risks benefit from the structuring and automation of their governance, risk and compliance processes.

    You can find more information about our tool under BIC GRC: https://www.gbtec.com/bic-plat.... With a free trial access to our BPM suite BIC Platform you will get to know the extensive modeling and processing possibilities and the great benefits for your company.

    Test BIC GRC now for free: https://www.gbtec.com/free-tri...

    In a free whitepaper we inform you about the requirements and a 6-step plan for a successful GRC project: https://www.gbtec.com/de/resso...

    MEGA HOPEX is a single software platform that combines integrated software solutions including privacy and data management, business process analysis, and risk management. By connecting business, IT, data, and risk perspectives, MEGA HOPEX helps your organization get the visibility you need and also helps improve decision-making by using connected EA to eliminate silos and foster collaboration. As a SaaS solution, MEGA HOPEX is scalable, flexible, and secure. It relies on Microsoft Azure infrastructure and is designed to seamlessly and easily integrate into your digital ecosystem. The MEGA HOPEX platform enables you to develop an integrated approach to risk management, business optimization, and data governance, as well as to build a clear IT roadmap.

    MEGA HOPEX Features

    MEGA HOPEX has many valuable key features. Some of the most useful ones include:

    • Flexible metamodel configurability: MEGA HOPEX can be adapted to your operating model with easy-to-use customization options. In addition, it gives you the option to expand functionalities and import ready-to-use content through the HOPEX store.
    • Intuitive workflows: The MEGA HOPEX platform includes intuitive workflows that help accelerate business value delivery and also helps to foster collaboration among all stakeholders.
    • Ready-to-use enterprise portal: With MEGA HOPEX’s ready-to-use enterprise portal, it is easy to share insights across your entire organization.
    • Contextual search: MEGA HOPEX has a contextual search functionality that enables you to find accurate and trusted data easily with the option to also use filters to narrow your search results.
    • Reporting and dashboarding: MEGA HOPEX offers out-of-the-box templates for reports and also allows you to build your own reports to monitor and govern your projects with actionable insights and recommendations.

    MEGA HOPEX Benefits

    There are many benefits to implementing MEGA HOPEX. Some of the biggest advantages the solution offers include:

    • Data-driven algorithms: MEGA HOPEX provides smart recommendations based on data-driven algorithms, giving you the ability to share actionable insights using a collaborative enterprise portal and mobile apps.
    • Intuitive modeling engine: The MEGA HOPEX platform enables you to visually communicate how your operations work and see how business, IT, and data are connected through building different diagrams. 
    • Improved collaboration and alignment: MEGA HOPEX has a data discovery tool that extracts data from various sources to build your data catalogs. The platform’s automated discovery of applications, data, and processes, along with its automated diagram generation and intelligent workflows, improve productivity, collaboration, and alignment.
    • Accelerates project delivery: By using MEGA HOPEX, you can develop synergies and avoid duplicative efforts by connecting strategy, business, IT, data, and risk perspectives on the same platform.

    Reviews from Real Users

    Below are some reviews and helpful feedback written by PeerSpot users currently using the MEGA HOPEX solution.

    PeerSpot user Kayode A., Enterprise Architecture Consultant at ZealHosts Consulting, says, “What I find the most valuable is the process workflow. It is really good. The fact that you can decompose is also valuable, as is the file D structure. Also, the fact that you can have your own logical repository structure and you can drag and drop is very valuable. This is largely because of its intuitiveness. Once you understand the logic behind the tool, MEGA HOPEX is quite intuitive. I also like the ability to create custom reports. I like the fact that you can share repository content via web to other end users who are not architects.”

    A Software Architect at a transportation company mentions, “The main feature that we like the most is the ability to have a unique repository where all the architects can interact and play together with the shapes of different architecture solutions. They have a unified repository where users can share the developments they're working on. Its availability is very good.” 

    An IT Consulting Manager at a tech services company comments, "We have many use cases for this solution but the feature I have found most valuable is the IT Portfolio Management module."

    Sample Customers
    AOK MSIG Ziemann Berlin Hyp HDI Arvato Systems Hensoldt HSH Nordbank Detlev Louis
    Aetna, Fannie Mae, M&T Bank, Glatfelter Insurance Group, Zions Management Services Company, The College Board, Baxter Credit Union, AXA Financial, Missouri Department of Conservation, New York State OTDA, MEG Energy Corp, Walgreens, Procter & Gamble, Biogen Idec, Gilead Sciences, Organic Valley, Trinity Health, Nissan and Ford
    Top Industries
    No Data Available
    REVIEWERS
    Financial Services Firm32%
    Transportation Company18%
    Insurance Company9%
    Energy/Utilities Company9%
    VISITORS READING REVIEWS
    Educational Organization38%
    Financial Services Firm14%
    Government6%
    Computer Software Company6%
    Company Size
    No Data Available
    REVIEWERS
    Small Business31%
    Midsize Enterprise13%
    Large Enterprise56%
    VISITORS READING REVIEWS
    Small Business10%
    Midsize Enterprise43%
    Large Enterprise47%
    Buyer's Guide
    GRC
    April 2024
    Find out what your peers are saying about RSA, AuditBoard, Trend Micro and others in GRC. Updated: April 2024.
    767,667 professionals have used our research since 2012.

    BIC GRC is ranked 45th in GRC while MEGA HOPEX is ranked 4th in GRC with 36 reviews. BIC GRC is rated 0.0, while MEGA HOPEX is rated 7.8. On the other hand, the top reviewer of MEGA HOPEX writes "Easy to use and robust with good features". BIC GRC is most compared with , whereas MEGA HOPEX is most compared with Sparx Systems Enterprise Architect, LeanIX, ARIS BPA, Visio and Avolution ABACUS.

    See our list of best GRC vendors.

    We monitor all GRC reviews to prevent fraudulent reviews and keep review quality high. We do not post reviews by company employees or direct competitors. We validate each review for authenticity via cross-reference with LinkedIn, and personal follow-up with the reviewer when necessary.