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Spreadsheets and data are key to many organizations' operations, yet they are oftentimes created in uncontrolled environments. Today we took another step in helping customers mitigate this risk and improve data compliance and control. Microsoft has acquired Prodiance, a leading provider of Enterprise Risk Management (ERM) software. Prodiance is a valued Microsoft partner and the company will now become a wholly-owned subsidiary. The acquisition of Prodiance enables deeper integration of compliance-related solutions into future versions of Office and SharePoint, namely:
Prodiance has enabled over 100 Fortune 2000 companies to address some of their most complex challenges - mitigating the risk of material errors, while preventing fraud and non-compliance. The company's customers include the world's top computer manufacturer, several leading global insurance providers, and 4 of the top 5 largest financial services firms in the world.
For more information and FAQ regarding the acquisition, please visit http://www.microsoft.com/pathways/prodiance. Welcome, Prodiance customers!
-- Albert Chew, Senior Product Manager for Office