Concentric has been included in 2021 Gartner "Cool Vendors in Privacy" report (Gartner, by Bernard Woo, Bart Willemsen, Michael Hoeck, Oct. 21, 2021). Of course, we’re honored and thrilled as we consider this recognition an acknowledgement to our efforts. In our opinion, being on the Cool Vendors list is a testament to our team’s hard work and dedication. Building an industry-leading AI-based data privacy solution that autonomously discovers, classifies, and assesses content isn’t easy – so it feels great to be a part of this report.
Privacy expectations are changing at an unprecedented pace. In the report, Gartner notes that “By year-end 2023, 75% of the world’s population will have its personal data covered under modern privacy regulations.” We’re all painfully aware of how challenging the data governance landscape has grown over the last decade. We have more data, in more places, in use by more people than ever before. And our users are sharing it like there’s no tomorrow. In fact, Concentric’s most recent Data Risk Report (available here) found oversharing in an astonishing 13% of an organization’s business-critical data. The Gartner analysts behind the Cool Vendor report shared a key finding as follows:
“Digital transformations and continued adoption of cloud services mean that personal data is processed in more locations than ever. It is imperative that organizations automate data discovery and governance functionalities in order to better protect personal data throughout the data life cycle.”
This is a problem Concentric cares deeply about. It’s our mission to deliver automated data discovery and governance.
Gartner does not, of course, endorse vendors or products. With that in mind, let me tell you why I think Concentric caught Gartner’s eye (and again, these are my words, not theirs).
- We’re innovative. Our AI-based solution automates one of data security’s most challenging problems. Before Concentric, finding business-critical data meant reams of rules and policies that were impossible to maintain.
- We’re relevant. Helping IT pros get a handle on data privacy and security is what we do. We address the twin problems of data dispersion (in the cloud and beyond) and indiscriminate sharing (accelerated by remote work).
- We’re focused. Using AI to solve tough data governance problems is our calling, and we’ve built the expertise and know-how to do it better than anyone. And we’ve worked hard to make sure our solutions integrate with the rest of the IT data security stack.
Want to learn more? Get in touch, and we’d be happy to give you a demo!
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