Note: Since the publication of this press release, Canopy has additionally been recognized as a Sample Vendor in the Gartner® Hype Cycle™ for K-12 Education, 2023. Read more here.
Canopy, the global leader in AI-powered privacy and data breach software, is mentioned as a Sample Vendor in the Data Breach Response categories of the Gartner Hype Cycle™ for Data Security, 2023 (July 2023), the Hype Cycle for Legal and Compliance Technologies, 2023 (July 2023), and the Hype Cycle for Privacy, 2023 (July 2023).
“We believe that Canopy’s inclusion on these three Hype Cycles demonstrates that our software has become synonymous with data mining for breach response, and that the inclusion of a Data Breach Response category on these Hype Cycles creates a clear distinction between incident response data mining and adjacent markets, like ediscovery and legal document review,” said Ralph Nickl, CEO and founder of Canopy. “We are inventing this market in real time, and to us, this recognition by Gartner’s analysts shows that we are succeeding.”
According to Gartner Information Technology, “Gartner Hype Cycles provide a graphic representation of the maturity and adoption of technologies and applications, and how they are potentially relevant to solving real business problems and exploiting new opportunities.” The Hype Cycles help companies “separate hype from the real drivers of a technology’s commercial promise, reduce the risk of your technology investment decisions, and compare your understanding of a technology’s business value with the objectivity of experienced IT analysts.”
In the Priority Matrix for all three of the Hype Cycles where Canopy is mentioned as a Sample Vendor, this category is predicted to reach mainstream adoption in less than two years with a high level of business benefit.
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About Canopy Software Canopy is the leader in AI-powered privacy and data breach software. Canopy’s patented flagship product, Data Breach Response, provides incident response teams with fast, accurate, and secure data mining, personal data (PII & PHI) review, and entity management. Its second offering, Privacy Audit, gives companies transparency into what’s in their data so they can evaluate their business practices and proactively mitigate risk. Canopy has been named a winner of the 2022 Golden Bridge Business and Innovation Awards, the 2022 NVTC Tech 100, the 2021 Cybersecurity Excellence Awards, and the 2021 Global InfoSec Awards. Connect with one of our Foresters today at email@example.com or visit www.canopyco.io to learn more about our software solutions.