Privacy Management Software enables organizations to store sensitive data in compliance with privacy regulations, analyze the data flow of personal information, assist in the distribution of privacy policies, and utilize confidential data ethically and effectively. The software helps users automate complex privacy management activities such as privacy impact assessment, examine processing activities against privacy regulations, and monitor the business processes accountable for the unlawful disclosure of personal data in an organization.
As part of the research “SPARK Matrix™: Privacy Management Software, 2022” Quadrant Knowledge Solutions conducted an in-depth analysis of major privacy management software vendors by evaluating their products, market presence, and customer value proposition. Based on the analysis, the study provides competition analysis and ranking of the leading vendors in the form of SPARK Matrix. The evaluation is based on the primary research with expert interviews, analysis of use cases, and Quadrant’s internal analysis of the overall Privacy Management Software market. The SPARK Matrix evaluation examined Syrenis and other vendors including Crownpeak, DataGrail, LogicGate, LogicManager, OneTrust, Poslovna inteligencija, Privacy Company, SAI Global, SAP, Securiti.ai, Smart Global Governance, TrustArc, and WireWheel.
Quadrant Knowledge Solutions research analyzes market dynamics, growth opportunities, emerging technology trends, and the vendor ecosystem of the global market. This research provides strategic information for technology vendors to better understand the market supporting their growth strategies and for users to evaluate different vendor capability, competitive differentiation, and market position.
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