Over Half of Businesses Surveyed Say Their
Company is at Risk Due to Legacy Systems
NEW
YORK, July 9, 2024 /PRNewswire/ -- Liminal, a
leading market and competitive intelligence company, released the
2024 Link Index for Privacy and Consent Management, its latest
report examining the top vendors in the increasingly critical
privacy and consent management market. This benchmark report
identifies the top 15 solution providers addressing challenges such
as escalating regulatory pressures, advanced AI technology
integration, and rising data breaches. According to the report, 74%
of organizations recognize the urgent need to modernize their data
management systems to reduce compliance risks.
![Access the Link Index for Privacy and Consent Management to see the full list of 60+ vendors and get company and product details for the leading providers Access the Link Index for Privacy and Consent Management to see the full list of 60+ vendors and get company and product details for the leading providers](https://mma.prnewswire.com/media/2457461/Link_Index_for_Privacy_and_Consent_Management_01_copy.jpg)
The privacy and consent management market is evolving quickly.
Leading vendors are creating solutions to help businesses comply
with data privacy laws, streamline processes, enhance data
governance, and reduce risks. The Link Index for Privacy and
Consent Management analyzes these vendors, evaluating their product
performance and strategy and highlighting their capabilities in
automated privacy tools, AI privacy management, dynamic consent
management, and risk assessment. This report is essential for
businesses looking to understand and engage with the top
vendors.
"Organizations are looking to upgrade their legacy systems and
streamline compliance," said Travis
Jarae, CEO of Liminal. "Over half of the surveyed businesses
mention increased risks from relying on outdated systems. There's a
strong demand for automated tools that boost efficiency, provide
risk assessments, and lower the risk of fines. Companies also want
customizable solutions to fit their specific needs, ensuring
effective management and protection of user data. The vendor
landscape is diverse, with top vendors offering a mix of
comprehensive privacy solutions, advanced AI integration, and risk
management tools. Our report helps businesses navigate this
landscape and find the right vendor to meet their privacy and
consent management needs."
Liminal's rigorous evaluation process identified the top 15
vendors from 61 companies. These vendors were assessed based on
brand awareness, company size, employee growth, market leadership,
and market penetration. The selected vendors excel in product
performance and strategy, making them well-positioned to meet
current and future needs. They show significant market influence
through strong brand awareness, employee growth, and high market
penetration. Their readiness ensures they can support organizations
in maintaining compliance, enhancing data governance, and improving
efficiency in an evolving privacy landscape.
The Link Index for Privacy and Consent Management sets a new
standard for evaluating the privacy and consent management market.
Organizations can navigate the regulatory landscape, protect user
data, and achieve long-term resilience by adopting a more modern
approach.
For more information and to access the full report, visit
Liminal.co.
Media Contact:
Stacy
Schulman
Liminal Media Relations
media@liminal.co
1 (602) 616-9818
About Liminal
Liminal is a market intelligence and strategic advisory firm
specializing in cybersecurity, financial crimes compliance,
identity and fraud, and trust and safety across
industries while catering to the private equity and venture capital
community. Founded in 2016, Liminal supports executive
decision-making at all product and business lifecycle stages,
enabling many of the world's most prominent founders, leaders, and
investors to build, acquire, and invest in the next generation of
solutions and technologies. We provide access to proprietary data
and analysis, strategic frameworks, and integrated insights on the
industry's only actionable market and competitive intelligence
platform.
For more information, visit www.Liminal.co.
View original content to download
multimedia:https://www.prnewswire.com/news-releases/liminal-releases-2024-link-index-for-privacy-and-consent-management-top-15-vendors-revealed-302192441.html
SOURCE Liminal Strategy, Inc.