OneTrust, the market-defining leader for trust intelligence, announced it has been named a Leader in the IDC MarketScape: Worldwide Data Privacy Compliance Software 2023 Vendor Assessment. Companies were evaluated along critical product success factors such as dynamic consent management, automated data discovery and classification, and advanced artificial intelligence capabilities. In addition, OneTrust was recognized for its rapid customer growth, large customer base, and the breadth and scale of its platform.
According to the IDC MarketScape, “OneTrust is on top of every major regulatory movement and can respond in kind.” OneTrust provides extensive research and real-time regulatory intelligence across hundreds of jurisdictions so that customers can quickly understand and adapt to regulatory change.
The IDC MarketScape also states that “OneTrust is a one-stop shop for data privacy compliance.” To meet the company’s mission of responsible use across the data lifecycle, OneTrust brings together consent and preferences, privacy management, and data governance into a unified platform.
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“Privacy has expanded from a compliance initiative to a data and trust imperative,” said Kabir Barday, CEO of OneTrust. “Our customers see trust as a key enabler for innovation and view privacy as a differentiator. We thank them for their belief in OneTrust as the platform to help them achieve it.”
In addition to being named a Leader in the IDC MarketScape report, OneTrust recently ranked #1 for 2022 market share in IDC’s latest Worldwide Data Privacy Compliance Software Market Shares report, titled “OneTrust Continues to Hold Its Large Lead Over the Market.” The report (doc #US50209423) was published in May 2023 and reflects market share for the most recent complete calendar year.
SOURCE: PRNewswire