MCLEAN, Va.--(BUSINESS WIRE)--Perspecsys, the leader in enterprise cloud data protection solutions, today announced it has extended its presence in Europe to Germany. The move will enable it to meet the rapid growth it is experiencing in the region.
Perspecsys’ AppProtex Cloud Data Protection Platform is currently used by some of Germany’s largest enterprises to maintain compliance with data privacy and security requirements as they adopt the cloud. In industries as diverse as manufacturing, banking, investments, and healthcare, Perspecsys’ unique solution, which ensures that sensitive data never leaves the corporation’s control at any time, has enabled enterprises to use the cloud in new and powerful ways.
The AppProtex Platform allows enterprises to easily set data protection policies that encrypt or tokenize sensitive data fields, documents and Intellectual Property before they leave the enterprise’s firewall or managed security service provider’s datacenter, and go to public cloud applications for processing and storage. Protected data is secured through all phases of its “cloud life” - while in-transit to the cloud, while at-rest in the cloud and while it is being processed in memory in the cloud. In addition to securing the data, the AppProtex Cloud Data Protection Platform ensures that the users of cloud applications can still use the application’s features – like searching, sorting and reporting – even on data that has been strongly encrypted or tokenized.
When providing recommendations to German CIOs in a recent report, Gartner advised, “Consider cloud solutions when modernizing your legacy systems. Cloud provides opportunities that — when carefully managed — positively outbalance the risks. Omitting this might lead to competitive disadvantages as organizations in EMEA leverage the cloud mostly for agility, enabling them to react faster to changes in the market.”1 In a separate report looking at technologies that can be used to manage these risks, Gartner noted, “Since their emergence in 2012, Cloud Access Security Broker solutions have grown in importance and today are the primary technical means of giving more control over SaaS security. This technology will become an essential component of SaaS deployments by 2017.”2 The Perspecsys Gateway is such a Cloud Access Security Broker (CASB) technology.
“We have been experiencing tremendous growth in the EMEA region as our solution is well aligned with the data compliance and privacy challenges enterprises in Europe face as they consider cloud adoption,” said Ravi Pather, Vice President, EMEA at Perspecsys. “Organizations based in Germany in sectors such as healthcare, insurance, telecommunications and banking face some specific data compliance requirements which complicate their movement to the cloud, and Perspecsys has a strong track record of helping them address these issues. With our new teams in place in Germany, we’ll be able to help even more German enterprises confidently embrace the cloud.”
Perspecsys’ Gateway supports organizations and enterprises in sectors including manufacturing, healthcare, banking and more, which need to comply with government regulations specifying that strong, well vetted encryption and tokenization techniques be used to secure sensitive information. The Perspecsys Gateway was architected to give enterprises the flexibility they need to select the security techniques that meet their specific requirements. The Perspecsys platform eliminates the barriers that previously prevented cloud adoption, by letting enterprises take full advantage of cloud SaaS and PaaS applications while ensuring their sensitive data remains on-premise, under their control and in compliance with data protection regulations at all times. Perspecsys was the first and remains the only company to combine all these elements effectively for its customers.
In addition to the expansion, Perspecsys was recently named to the 2015 Best of IT-Innovation Awards with Initiative Mittlestand.
About Cloud Data Protection Provider, Perspecsys
Perspecsys’ Cloud Data Protection platform solves key data compliance, privacy and security concerns for enterprises adopting cloud-based applications. The solution puts enterprises in complete control of their cloud data at all times, allowing them to simply address the leading data compliance and security challenges impacting enterprise cloud adoption. By removing the security issues and operational risks associated with placing sensitive data in the cloud, Perspecsys makes the public cloud private. Perspecsys Inc. is a privately held company backed by investors, including Intel Capital, Paladin Capital and Ascent Venture Partners. For more information please visit www.Perspecsys.com and follow us on Twitter @Perspecsys.
1 Gartner: 2015 CIO Agenda, A Germany Perspective Frank Ridder, Alexander Hohnjec, January 30, 2015
2 Gartner: Emerging Technology Analysis: Cloud Access Security Brokers, Sid Deshpande, Neil MacDonald, Craig Lawson, September, 25, 2014