Concentric Named a Cool Vendor in 2021 Gartner® “Cool Vendors™ in Privacy” Report

Company Offers Innovative AI and Deep Learning Solution that Autonomously Discovers and Protects Structured and Unstructured Business-Critical Data

SAN JOSE, Calif.--(BUSINESS WIRE)--Concentric Inc., a leading vendor of intelligent AI-based solutions for protecting business-critical data, today announced it has been recognized in the 2021 list of Cool Vendors in the “Cool Vendors in Privacy”¹ report published by Gartner.

According to Gartner, “This research does not constitute an exhaustive list of vendors in any given technology area, but rather is designed to highlight interesting, new and innovative vendors, products and services.” The report further states, “Digital transformations and continued adoption of cloud services mean that personal data is processed in more locations than ever. It is imperative that organizations automate data discovery and governance functionalities in order to better protect personal data throughout the data life cycle.”¹

Concentric’s Semantic Intelligence™ automates data discovery and governance using deep learning to categorize data, uncover business criticality and reduce risk. Its Risk Distance™ analysis technology uses the baseline security practices observed for each data category to spot security anomalies in individual files. It compares documents with peers in the same category to identify risk from oversharing, third-party access, and wrong location or misclassification. Organizations benefit from the expertise of content owners without intrusive classification mandates, with no rules, regex or policy maintenance needed.

For a copy of the report, see: https://www.gartner.com/doc/4007182.

“We consider our inclusion in the Gartner ‘Cool Vendors in Privacy’ report a confirmation of our mission to enable customers to automate the discovery and governance of private data – both in the cloud and on-premises – with our advanced deep-learning technology,” said Karthik Krishnan, Concentric CEO. “Organizations across the globe face stricter privacy regulations, exploding volumes of data, and staffing shortages – and that has created a tremendous need for innovative data governance and security solutions. We’re dedicated to helping our customers meet these challenges.”

Note 1 – Gartner, “Cool Vendors in Privacy,” by Bernard Woo, Bart Willemsen, Michael Hoeck, October 21, 2021

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About Concentric

With Concentric, organizations can finally address their unmet data security needs by discovering and protecting business critical content. Concentric protects intellectual property, financial documents, PII/PCI content, customer data, business confidential data and more, across on-premises and cloud-based data stores. The Concentric Semantic Intelligence™ Data Access Governance solution uses deep learning and Risk Distance™ analysis to accurately categorize data, assess risk and remediate security issues – without relying on upfront rules or complex configuration. Concentric is venture backed by leading Silicon Valley VCs and is headquartered in San Jose, Calif. For more information, see https://www.concentric.ai.

Concentric, Semantic Intelligence™ and Risk Distance™ are or may be registered trademarks of Concentric AI, Inc. All other marks and names mentioned herein may be trademarks of their respective companies.