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"Privacy is just one side of the story and organizations should invest in data privacy tools that enable data protection capabilities as well. Data cannot be private if it is not protected."
ST. PETERSBURG, FL, May 12, 2021 /24-7PressRelease/ -- Spirion, a pioneer in data protection and compliance, today announced it has been positioned as a Major Player in the IDC MarketScape: Worldwide Data Privacy Management Software 2021 Vendor Assessment (doc #US46858221, April 2021). In addition to being recognized as a pioneer within the data discovery market, Spirion was highlighted for its depth, breadth, and accuracy of data discovery and subject rights management for personal, sensitive, and regulated information residing both on-premise and in the cloud.
The IDC MarketScape recognized Spirion for its ability to "scan and identify not only PII but health-related information," acknowledging that "many solutions on the market are hyperfocused on social security numbers and credit cards that they neglect the full sphere of personal information that privacy regulation governs." The report highlighted Spirion's ability to discover sensitive data with 98% accuracy, noting that "customers interviewed in conjunction with this study also indicated a staggering accuracy rate of helping them remediate sensitive data." The IDC MarketScape emphasized that "Spirion stands out in the market due to its experience and the fact that its data discovery products are available in the cloud and on-premises," adding, "the company's core capabilities will carry them far."
Ryan O'Leary, IDC Research Manager, Privacy and Legal Technology and report co-author stated: "Organizations continue to invest in engendering trust to drive their businesses in the digital economy. Data privacy compliance is a major component of trust and preventing adverse compliance enforcement. Privacy is just one side of the story and organizations should invest in data privacy tools that enable data protection capabilities as well. Data cannot be private if it is not protected."
"We are honored to be positioned as a Major Player in the inaugural IDC MarketScape for Worldwide Data Privacy Management and to be acknowledged for our pioneering work within the data discovery market," stated Kevin Coppins, Spirion President and CEO. "We are also proud that the IDC MarketScape recognizes the technological strength of our core and expanding Privacy-Grade™ data protection capabilities that position us well to meet future customer needs."
The IDC MarketScape evaluates major vendors participating in the worldwide data privacy management software market. IDC analysts selected 11 companies and evaluated them on two primary categories: current capabilities and future strategies using "comprehensive criterion expected to be most conducive to success in providing tools to enable data mapping, data flows, data subject access request (DSAR) management, and data privacy impact assessment management and more to support enterprises both in the short term and long term." Current capabilities reflect how well vendors can meet customer needs today. Future strategies reflect how well vendors are aligned to meet customer requirements in three to five years.
The IDC MarketScape: Worldwide Data Privacy Management Software 2021 Vendor Assessment excerpt can be downloaded here.
About IDC MarketScape: IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor's position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors.
Spirion has relentlessly solved real data protection problems since 2006 with accurate, contextual discovery of structured and unstructured data; purposeful classification; automated real-time risk remediation; and powerful analytics and dashboards to give organizations greater visibility into their most at-risk data and assets. Spirion's Privacy-Grade™ data protection software enables organizations to reduce risk exposure, gain visibility into their data footprint, improve business efficiencies and decision-making while facilitating compliance with data protection laws and regulations.
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