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PrivaceraCloud 4.0 Enables Governed Data Sharing Across the Open Cloud

New distributed user management framework and data domains enable enterprises to easily and securely share data with customers, partners, and suppliers.

Note: TDWI’s editors carefully choose vendor-issued press releases about new or upgraded products and services. We have edited and/or condensed this release to highlight key features but make no claims as to the accuracy of the vendor's statements.

Privacera, a unified data access governance company founded by the creators of Apache Ranger, today announced the general availability of PrivaceraCloud 4.0, marking a milestone in data governance and security. The offering enables enterprises to securely and rapidly exchange data -- both inside and outside organizational boundaries -- with a unified interface to govern and enforce fine-grained data permissions and policies.

According to Gartner, “Data and analytics leaders who share data externally generate three times more measurable economic benefit than those who do not.” Additionally, “according to the Sixth Annual Gartner Chief Data Officer Survey, respondents who successfully increased data sharing led D&A teams that were 1.7 times more effective at showing demonstrable, verifiable value to D&A stakeholders.”

The new governed data sharing capabilities in PrivaceraCloud 4.0 provide access across a greater amount of business data, enabling enterprises to make faster, more intelligent business decisions. Enterprises can leverage this shared data to gain a deeper understanding of customers and improve their experiences while keeping pace with evolving business needs. Governed data sharing also reduces operational costs by enabling organizations to leverage their current cloud systems and investments without setting up new data streams or ingestion channels to securely collaborate or share data. 

In a traditional data governance model, defining and enforcing data access policies across various business units in an enterprise rests on the shoulders of the IT organization. This often causes a bottleneck that delays data and analytics teams from getting rapid access to data needed to inform business decisions and product innovation. PrivaceraCloud 4.0 removes this constriction by distributing data ownership and logically grouping functional data sets into data domains (e.g., sales or marketing data) across the enterprise. Data owners are assigned for each data domain, so each aspect of the data governance framework is aligned with data owners who work most closely with the data and understand it best. 

Governed data sharing accelerates business transformation and critical data insights by enabling:

  • Rapid, self-service data access. Data consumers can request access to data within their assigned data domains, and data owners can rapidly grant access with one click, accelerating analysis of trusted data for faster analytics and business insights
  • Automated policy enforcement. Data access policies are automated and enforced between data owners and data domains, relieving IT teams from having to manage hundreds of access requests from data consumers manually while still maintaining holistic visibility of data and its usage
  • Unified data visibility and compliance. Visibility into data and how it is used across the enterprise is unified and auditable across all data sources, ensuring enterprises are safeguarded against compliance or privacy violations
  • Scalability for the future of cloud. Unified data access policies and enforcement, coupled with automated workflows, ensure enterprises are ever-ready for the continued influx of more data, more users, and more connected cloud services

With PrivaceraCloud 4.0, enterprises can unify their analytics processes to enable secure, seamless data collaboration internally across various business units, as well as externally with partners, customers, and suppliers, to transform data value without compromising security or privacy. 

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