#United States #New York #1touch.io #Ashish Gupta #Sam Balaji

1touch.io's Remarkable Growth

1touch.io, a frontrunner in the field of contextual data intelligence, has recently made headlines by declaring a staggering 500% growth in new bookings year over year. This significant increase showcases the rising need for precise AI-driven data discovery and classification technologies as enterprises worldwide navigate the challenges of data security and compliance in the modern digital landscape. The company has also boasted zero customer churn, reinforcing the effectiveness of its services in aiding corporations secure and manage their sensitive data across various environments, including hybrid, cloud, and on-premises setups.

CEO Ashish Gupta highlighted the company’s success, mentioning that a notable achievement was securing one of the leading credit card companies as a client for sensitive data management. This multi-million-dollar agreement, marked as one of the most substantial in the company’s history, serves as validation of their unique approach to contextual data intelligence.

Strengthening Leadership with New Board Member

To further bolster its expansion efforts, 1touch.io has appointed Sam Balaji to its board of directors. Balaji, who previously served as the Global CEO of Deloitte Consulting, brings over three decades of rich experience in technology, growth strategy, and risk management. His expertise lies in advising Fortune 500 companies on key areas like cybersecurity, innovation, and digital transformation, which aligns perfectly with 1touch.io’s mission in the data intelligence space.

"Amid rising data complexity and security threats, businesses need robust and visionary leadership. Sam Balaji exemplifies that in spades," stated Ashish Gupta. Balaji echoes this sentiment, emphasizing the critical nature of data intelligence for companies striving for a competitive edge. He believes that 1touch.io’s innovative approach is essential for enhancing data protection and realizing its transformative potential within enterprises.

Addressing Data Security Needs

The digital era has seen businesses generating and storing unprecedented volumes of data, often across disparate environments. This reality has made tracking and securing sensitive information increasingly intricate, as traditional security measures, such as Data Loss Prevention (DLP) and data security posture management (DSPM), often don’t provide the necessary accuracy and visibility for effective data classification and protection.

1touch.io’s platform is tailored to fill these gaps, effectively addressing the pressing security and compliance requirements that organizations face today. With a growing lineup of Fortune 500 customers in sectors such as finance, healthcare, and retail, the company is proving instrumental in managing compliance risks that could lead to significant financial repercussions.

The Contextual Data Intelligence Platform developed by 1touch.io offers unparalleled features, including:

• - Total Contextual Visibility: The platform can identify and organize sensitive data across multiple formats and environments, including legacy systems and cloud-based frameworks.
• - Industry-Leading Accuracy: Utilizing advanced AI and Machine Learning algorithms, the platform boasts a classification accuracy of 98.6%, which mitigates false positives and prioritizes potential risks.
• - Seamless Integration: It works flawlessly with leading security and compliance tools, thereby enhancing operational efficiency and compliance audit processes.
• - Flexible Deployment Options: Organizations can choose between SaaS, on-premises, cloud, or hybrid deployment methods, allowing for a customized solution that fits diverse enterprise requirements.

Making Data Intelligence Accessible

In its ongoing efforts to democratize access to advanced data intelligence solutions, 1touch.io has rolled out a new SaaS offering. This model retains the comprehensive capabilities traditionally reserved for large enterprises while providing a flexible, cloud-based alternative that can be deployed swiftly. This shift aims at helping a broader segment of organizations secure sensitive information, minimize compliance risks, and streamline their security operations.

About 1touch.io

1touch.io is at the forefront of contextual data intelligence, aiming to revolutionize how organizations discover and classify their data. Its flagship AI-driven platform, Inventa™, safeguards the data of over 500 million individuals globally, enabling businesses to leverage contextual intelligence for robust data security and governance across varied environments. By partnering with global leaders like IBM, the platform’s capabilities are rebranded and licensed to meet complex data challenges on an expansive scale, exemplifying 1touch.io’s commitment to being a leader in this vital sector.

In conclusion, 1touch.io is not only achieving exceptional growth; it is also redefining industry standards in data security and compliance while positioning itself uniquely to meet evolving market demands.