NowVertical Group Announces Expansion and User Experience Enhancements to NOW Privacy Platform
29 August 2022 - 2:30PM
NowVertical Group Inc. (TSX-V: NOW) (“NOW” or the “Company”), a big
data, analytics and vertical intelligence (“VI”) software and
solutions company, is pleased to announce an update to its NOW
Privacy (“Privacy”) offering, extending functionality to enhance
data search capabilities, out of the box data connections and
overall ease of use.
The global data privacy software market is
projected to grow from $2.4 billion in 2022 to $25.9 billion by
2029, at a CAGR of 40.8%1. Staying in compliance with data privacy
regulations and keeping data accurate are two of the biggest
concerns facing organizations today. NOW’s Privacy platform is well
positioned to continue gaining market share across the banking,
healthcare, pharmaceutical and defense industries, building upon
existing long-standing leading enterprise customers, including
Lloyds Banking Group, Saga, General Electric Healthcare,
GlaxoSmithKline, and Arrow Global.
NOW Privacy’s release V4.5.5 improves data
discovery and access with:
- Better, more user-friendly search capability
- Enhanced connections to Windows file shares
- Faster connector development for new data sources and
types
“The most recent NOW Privacy release reflects
the unique resources we can bring to bear by consolidating powerful
technology and teams like former DocAuthority and Exonar Reveal. By
empowering customers with the NOW Privacy platform, risk mitigation
and compliance become more than a stand-alone process. It becomes a
jumping-off point for a vertically intelligent data governance
program across an entire data estate,” said Farid Kassam, President
of NOW Origin.
The Privacy upgrades enhance its user-friendly
dashboard to help organizations discover, solve, and prevent data
risk at scale. As a foundational platform, NOW Privacy opens
the door to companies, organizations and government bodies looking
to harness the power of Vertical Intelligence to build confidence
and make bold decisions.
To learn more about NOW Privacy, visit our website at:
www.nowvertical.com/products/now-privacy
About NowVertical Group
Inc.
NOW is a big data, analytics and VI software and
services company growing organically and through acquisition. NOW's
VI solutions are organized by industry vertical and are built upon
a foundational set of data technologies that fuse, secure, and
mobilize data in a transformative and compliant way. The NOW
product suite enables the creation of high-value VI solutions that
are predictive in nature and drive automation specific to each
high-value industry vertical. For more information about the
Company, visit www.nowvertical.com.
Neither the TSX Venture Exchange nor its
Regulation Services Provider (as that term is defined in the
policies of the TSX Venture Exchange) accepts responsibility for
the adequacy or accuracy of this release.
Related
links:https://www.nowvertical.com
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For further information, please contact:Daren
Trousdell, Chief Executive Officere: daren@nowvertical.comt: (212)
302-0868
or
Glen Nelson, Investor Relationse:
glen@nowvertical.comt: (403) 763-9797
Forward‐Looking Statements
This news release may contain forward‐looking
statements (within the meaning of applicable securities laws) which
reflect the Company's current expectations regarding future events.
Forward-looking statements are identified by words such as
"believe", "anticipate", "project", "expect", "intend", "plan",
"will", "may", "estimate" and other similar expressions. These
statements are based on the Company's expectations, estimates,
forecasts and projections and include, without limitation,
statements regarding the future success of the Company's
business.
The forward-looking statements in this news
release are based on certain assumptions. The forward-looking
statements are not guarantees of future performance and involve
risks and uncertainties that are difficult to control or predict.
Several factors could cause actual results to differ materially
from the results discussed in the forward-looking statements.
Readers, therefore, should not place undue reliance on any such
forward-looking statements. Further, these forward-looking
statements are made as of the date of this news release and, except
as expressly required by applicable law, the Company assumes no
obligation to update or revise any forward-looking statement
publicly, whether as a result of new information, future events or
otherwise.
1 Source:
https://www.fortunebusinessinsights.com/data-privacy-software-market/
A photo accompanying this announcement is available at
https://www.globenewswire.com/NewsRoom/AttachmentNg/2509ec0c-4038-478c-b0bd-c55f1bd6cc3d
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