MIDDLETON, Mass., April 8, 2022 /PRNewswire/ — Quadrant Knowledge Solutions announced today that it has named Syrenis a 2022 Leader in the SPARK Matrix analysis of the global privacy management software market.
the Quadrant Knowledge Solutions SPARK Matrix™ includes detailed analysis of global market dynamics, key trends, vendor landscape and competitive positioning. The study provides competitive analysis and ranking of leading privacy management software vendors in the form of its SPARK Matrix, providing strategic insights for users to assess various vendors’ capabilities, competitive differentiation, and market position. market.
Privacy management software is a complete solution for automating and streamlining a company’s privacy needs. The software provides visibility into the current status of the privacy program and tracks progress within organizations. It enables risk management to identify, assess and manage risks of all types across divisions, legal entities, business functions and geographies. Additionally, it implements manual and automated metrics to continuously monitor compliance.
Although organizations have focused on protecting the confidential data of their operations, with increasing technologies, the threat of cyber attacks and security breaches has also increased, which has led organizations to adopt advanced cyber security measures. Growing concerns about personal and sensitive data breaches and country-specific privacy frameworks and regulations have forced organizations to adopt different privacy solutions. Privacy management software helps organizations perform privacy impact assessments, track incidents that lead to unauthorized disclosure of personal data, and audit processing activities against requirements. After implementation, organizations can manage and protect sensitive structured data throughout the lifecycle, from discovery to classification and protection to reporting. Organizations are also leveraging artificial intelligence (AI), machine learning (ML), and robotic process automation (RPA) that enable them to automatically discover and optimize critical privacy issues within business processes.
“Syrenis, with its comprehensive technology for privacy management software, received high marks on the Technology Excellence and Customer Impact metrics and was positioned among the Technology Leaders in the SPARK 2022 market matrix. privacy management software,” says Namrata Deshmukh, analyst at Quadrant Knowledge Solutions. “Cassie – the enterprise consent and preference management solution, offers an API and connector service module that syncs enterprise consent data into their systems and provides a matching rules engine enabling adaptations for consent attributions to the client’s business With its flexible data structure offering that can adapt to any regulatory approach, data models and integration requirements, and with its robust technology platform, its comprehensive functional capabilities and a compelling product strategy and roadmap, Syrenis is well positioned to expand its share in the global privacy management software market,” she added.
CEO of Syrenis, Glenn Jackson comments: “We are extremely pleased to be announced as a leader in the SPARK Matrix for Privacy Management Software 2022 report by Quadrant Knowledge Solutions. It is a true reflection of the hard work of the dedicated team at Syrenis and, as always, we We are looking to continue our innovation plans for our already strong product offering. Being rewarded with such an achievement will support our current plans and future opportunities.”
Syrenis helps businesses manage customer contact, consent and preference data with Cassie, their leading consent and preference management solution, which currently manages over 1.6 billion preferences. Based in Daresbury, an innovation hotspot in the North West of England, Syrenis works with companies around the world to improve their consent processes. Among the company’s most recognizable customers are Mitsubishi, the Home Office and LexisNexis.
About Quadrant Knowledge Solutions
Quadrant Knowledge Solutions is a global consulting and advisory firm focused on helping clients achieve their business transformation goals through business strategy and growth consulting services. At Quadrant Knowledge Solutions, our vision is to become an integral part of our client’s business as a strategic knowledge partner. Our research and advisory deliverables are designed to provide comprehensive insights and strategic insights to help clients formulate growth strategies to survive and thrive in ever-changing business environments. For more research available, please visit https://quadrant-solutions.com/market-research/
Quadrant Knowledge Solutions
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SOURCE Quadrant Knowledge Solutions