MEGA HOPEX vs Riskonnect comparison

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634 views|326 comparisons
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248 views|201 comparisons
Comparison Buyer's Guide
Executive Summary

We performed a comparison between MEGA HOPEX and Riskonnect 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:
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."
  • "The pricing depends on the number of licenses purchased."
  • More MEGA HOPEX 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: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.
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    Ranking
    4th
    out of 86 in GRC
    Views
    634
    Comparisons
    326
    Reviews
    12
    Average Words per Review
    460
    Rating
    8.2
    27th
    out of 86 in GRC
    Views
    248
    Comparisons
    201
    Reviews
    0
    Average Words per Review
    0
    Rating
    N/A
    Comparisons
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    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."

    Riskonnect, Inc. is the only provider of true Integrated Risk Management solutions. Riskonnect is the trusted, preferred source of Integrated Risk Management technology, offering a growing suite of solutions on a world-class cloud computing model that enable clients to elevate their programs for management of all risks across the enterprise. Riskonnect allows organizations to holistically understand, manage and control risks, positively affecting shareholder value.

    Riskonnect’s highly configurable technology is ideal for forward-thinking organizations facing increased scrutiny and accountability for corporate governance, strategy and strategic risk. Our solutions facilitate the ability to plan for and respond intelligently to all risks that could potentially harm an organization and its competitive position, damage corporate reputation and/or restrict strategic growth.

    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
    Savage Services, Southwest Airlines, Kaiser Permanente
    Top Industries
    REVIEWERS
    Financial Services Firm32%
    Transportation Company18%
    Insurance Company9%
    Energy/Utilities Company9%
    VISITORS READING REVIEWS
    Educational Organization38%
    Financial Services Firm14%
    Government6%
    Computer Software Company6%
    No Data Available
    Company Size
    REVIEWERS
    Small Business31%
    Midsize Enterprise13%
    Large Enterprise56%
    VISITORS READING REVIEWS
    Small Business10%
    Midsize Enterprise43%
    Large Enterprise47%
    No Data Available
    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.
    767,319 professionals have used our research since 2012.

    MEGA HOPEX is ranked 4th in GRC with 36 reviews while Riskonnect is ranked 27th in GRC. MEGA HOPEX is rated 7.8, while Riskonnect is rated 0.0. The top reviewer of MEGA HOPEX writes "Easy to use and robust with good features". On the other hand, MEGA HOPEX is most compared with Sparx Systems Enterprise Architect, LeanIX, ARIS BPA, Visio and Avolution ABACUS, whereas Riskonnect is most compared with RSA Archer and Camms.Risk.

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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.