MEGA HOPEX vs MetricStream comparison

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644 views|328 comparisons
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1,678 views|702 comparisons
Comparison Buyer's Guide
Executive Summary

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

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Featured Review
Quotes From Members
We asked business professionals to review the solutions they use.
Here are some excerpts of what they said:
Pros
"The most valuable feature is the completeness of HOPEX's meta-model. It's a strong meta-model that's rigid but comprehensive. It's a logical fit for our understanding of how we want things modeled in our database.""You do not need to be a professional of enterprise modeling to contribute to the enrichment and improvement of the enterprise repository.""What I find the most valuable is the process workflow. It is really good.""It is very interactive.""The most valuable feature is that the software controls everything from a single management window.""The support experience in Latin America is great.""What's most valuable in MEGA HOPEX is that it follows the reference model where each component is defined. I also like the diagram consistency in MEGA HOPEX.""HOPEX has a panel that offers various views. I think that is very good. MEGA has an app for integrating with a lot of apps. We help our clients integrate HOPEX with a different product like Apple Gateway, for example. I've been with the company for 15 years, and we connect with everything. Our clientele includes almost all of the banks in Mexico."

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"The interface is mobile-friendly and it is getting a good response from our customers.""Key features are usability and ease of configuration. It allows us to have all the information in a single place and provide real-time indicators and information for our executives."

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Cons
"It would be great if this solution could integrate with other tools such as ITSM (ServiceNow) or CMDB.""We would like to see integration with other products, such as being able to use our workflow with SharePoint and Microsoft Office.""The initial setup is a little complex.""The interface must be improved.""Better documentation and training would be helpful.""Scalability can be a problem sometimes.""They do tend to push people to their professional services, instead of helping the customers with their problems. I understand this is their business. At the same time, however, they need to work on fact sheets or offer some program to help the customers who want to implement it themselves and to make it run properly in their environment.""MEGA HOPEX's problem is that it is expensive, but it's a fantastic tool."

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"I would like to see out-of-the-box integration with more security, it would be helpful.""We would like to have more dashboards and reports, such as geographical and trend reports in the next version. Also, an improvement in the mobile version would be helpful."

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Pricing and Cost Advice
  • "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."
  • More MEGA HOPEX Pricing and Cost Advice →

  • "They are flexible in terms of customers' needs."
  • More MetricStream Pricing and Cost Advice →

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    Questions from the Community
    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:The ability to customize is valuable.
    Top Answer:The product has a high cost. I rate the pricing a nine out of ten. The solution costs us AED 450,000 yearly.
    Top Answer:There are 3 industry leading GRC software and they are IBM OpenPages, MetricStream and RSA Archer. In the areas of Operational Risk, Regulatory Management, Policy Management, Operational Resilience… more »
    Top Answer:Here are some of the pros and cons of Fusion Risk Management and MetricStream for Operational Resilience and Business Continuity Fusion Risk Management Pros: Fusion Risk Management is an… more »
    Ranking
    7th
    out of 84 in GRC
    Views
    644
    Comparisons
    328
    Reviews
    9
    Average Words per Review
    436
    Rating
    7.9
    11th
    out of 84 in GRC
    Views
    1,678
    Comparisons
    702
    Reviews
    0
    Average Words per Review
    0
    Rating
    N/A
    Comparisons
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    Learn More
    Overview

    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."

    Provides advanced capabilities such as risk calculators and risk heat maps for risk analysis and monitoring.
    Sample Customers
    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
    Federal Home Loan Bank of Chicago, ACCO Brands Corporation, AgFirst Farm Credit Bank, AIB International, Associated Banc-Corp, BAE Systems, Barclaycard, Dell Inc, DIRECTV, Energizer, Fresenius Kabi, Hasbro, Goodyear, HudsonCity Savings Bank, Infigen Energy, Kaydon, Leroy Merlin, Mountry Financial Corp., Nicholas Piramal, Pepco, Pfizer, Societe Generale, Whitney Bank
    Top Industries
    REVIEWERS
    Financial Services Firm33%
    Transportation Company14%
    Insurance Company10%
    Energy/Utilities Company10%
    VISITORS READING REVIEWS
    Educational Organization37%
    Financial Services Firm14%
    Government7%
    Computer Software Company6%
    VISITORS READING REVIEWS
    Educational Organization25%
    Financial Services Firm18%
    Computer Software Company11%
    Retailer5%
    Company Size
    REVIEWERS
    Small Business32%
    Midsize Enterprise13%
    Large Enterprise55%
    VISITORS READING REVIEWS
    Small Business10%
    Midsize Enterprise43%
    Large Enterprise47%
    VISITORS READING REVIEWS
    Small Business15%
    Midsize Enterprise31%
    Large Enterprise53%
    Buyer's Guide
    GRC
    March 2024
    Find out what your peers are saying about RSA, AuditBoard, Trend Micro and others in GRC. Updated: March 2024.
    765,386 professionals have used our research since 2012.

    MEGA HOPEX is ranked 7th in GRC with 35 reviews while MetricStream is ranked 11th in GRC. MEGA HOPEX is rated 7.8, while MetricStream is rated 8.6. The top reviewer of MEGA HOPEX writes "Easy to use and robust with good features". On the other hand, the top reviewer of MetricStream writes "Reasonably priced, stable, with out of the box deployment, and has good local support". MEGA HOPEX is most compared with Sparx Systems Enterprise Architect, LeanIX, ARIS BPA, Visio and Avolution ABACUS, whereas MetricStream is most compared with RSA Archer, IBM OpenPages, OneTrust GRC and Workiva Wdesk.

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    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.