Partnering opportunity

UK SME offering low-cost cloud-based data solution supporting data governance around GDPR seeks to collaborate in market-testing and identify new customers

Summary

A UK-based ICT SME specialising in helping companies solve complex data challenges, has developed a low-cost cloud-based data discovery software solution to support company needs for data governance and regulatory initiatives such as GDPR, Solvency II, and International Financial Reporting Standards. Commercial partners are sought to collaborate in market-testing the GDPR focused solution and find new customers under licensing agreements.

Partner sought

License agreement offered to companies participating in solving data challenges in general, more specifically data governance around GDPR, e.g. - companies that are already consulting in the GDPR space needing to create a personal data inventory for the customers. - companies working in the GDPR data space, seeking to use or resell data discovery solutions. - companies working with GDPR technologies such as metadata scanning technologies that need a way to classify personal data, where the respective technologies could be integrated.

Description

Under GDPR, companies must be able to respond to subject access request made by their customers, for example to remove the requested customer data from all their systems. Knowing where the customer data is held and being able to respond timely can be difficult, especially for companies holding personal data in many systems with different data structures (structured e.g. databases, unstructured e.g. emails, documents, photos, etc). The UK company, established 14 years ago, they help large organisations with complex data problems solve key challenges. The company has developed a cloud-based solution that allows the discovery and classification of personal data from the many and different source systems, using a target Personal Identifiable Information (PII) data map (also can be used to identify personal data). It uses fuzzy-logic (and experimenting with machine learning) techniques to match the source data to the data map, speeding up the classification effort. The classified data is then stored in a cloud-based repository giving the company a single overall view of their PII or personal data. Dashboards and heat maps and other data visualisations are provided enabling the company to quickly see where the PII or personal data held in the company can be found, to take the necessary action needed in response to customer subject access requests. The company has offices in South Africa and Canada and extensive experience in providing data processes analysis to businesses and project management support to international companies. The company's aim is to widen their market reach and to establish more international connections.

Advantages and innovations

The solution: - Is cloud-based and comes with a clearly defined easy-to-use approach, providing same day technology that is already available to help avoid costly and time-consuming technology purchase and implementation. - Saves costs by using technology already available in the company, thus focusing investment where it matters. It gives rapid results to quickly create an inventory. - Is adaptable to customer requirements e.g. customised reports can be produced, the Personal Identifiable Information (PII) data map template configured to meet any requirements a company may need. (Note PII is a term used in the US, whereas Personal Data is used more in UK and Europe) etc. - Is innovative as it uses fuzzy-logic and machine-learning to accelerate the data classification process.

Development stage

Already on the market

Intellectual Property Rights (IPR)

Secret Know-how,Design Rights


Register your interest

How it works

  • Tell us about yourself
  • We’ll discuss with you
  • We put the right partners in touch

EEN help you find the right partner, rather than you going it alone.

Our role is to review and collate the most suitable submissions, and then send them to the client who posted the opportunity. We consult with you, and the client, to make the process professional and easy.

These are live opportunities. Your registration of interest on the site is just like a professional approach to a business at a networking event. To stand the best chance of success, make your submission really sing. Sell why the client who posted the opportunity should work with you. Excite them. Ask questions. Try and avoid copy and pasting words from elsewhere.

Once the client has chosen their partner, we'll introduce them over email and keep in touch with both parties to see how it's going. Sometimes things progress quickly. Sometimes because of changing priorities for either party, things progress slowly, but you never know - your next big business break could start right here.

?What value does EEN add?
This is your pitch: remember to include your unique selling points (USP) and why someone would want to do business with you
Tell us why you are a good fit for this opportunity, and why you think you're the right people for this partnership
If there's anything additional, or commercially sensitive you'd like to know about this opportunity, please let us know

When you entered your email address above, we emailed you a code to verify you're human and have access to that account.

?What's this?

What next?

To finish up, we just need some extra details about you and your company