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.
IDC MarketScape states that “OneTrust is on top of every major regulatory movement and can respond in kind.” OneTrust conducts comprehensive research and provides real-time regulatory intelligence across hundreds of jurisdictions to help customers understand and adapt to regulatory change.
According to the IDC MarketScape, “OneTrust is a one-stop shop for data privacy compliance.” OneTrust unifies permission and preferences, privacy management, and data governance to meet the company’s purpose of responsible data use across the data lifecycle.
“Privacy has evolved from a compliance initiative to a data and trust imperative,” said OneTrust CEO Kabir Barday. “Our customers regard trust as a critical enabler of innovation and privacy as a differentiator.” We appreciate their trust in OneTrust as a platform to assist them reach their goals.”
Aside from being recognised a Leader in the IDC MarketScape analysis, OneTrust was recently placed #1 for 2022 market share in IDC’s newest Worldwide Data Privacy Compliance Software Market Shares research, titled “OneTrust Continues to Hold Its Large Lead Over the Market.” The report (doc #US50209423) was released in May 2023 and reflects market share for the previous full calendar year.
Through transparency, choice, and control, OneTrust’s Privacy & Data Governance cloud goes beyond compliance to create corporate value and establish trust.