Reduce Risk from Data Security Breaches by Going All-In with Protegrity Prime

New Tiered Subscription Model Bundles Software, Support, and Consulting Services

 

STAMFORD, CT – February 21, 2018 – Looking to help enterprises rapidly deploy data-centric security solutions that accelerate risk reduction and business value protection, Protegrity is launching Protegrity Prime, a new subscription model that bundles its software, support and consulting services into flexible tiers based on how much sensitive data is protected.

Eschewing old-world perpetual licenses that only allowed use of specific Protegrity offerings running in narrowly-defined and contractually-specified computing environments, the bundled Protegrity Prime subscription tiers align with the ongoing value delivered – the protection of the data itself – and allows clients to protect their sensitive data wherever it resides using the entirety of the Protegrity product portfolio.

Protegrity Prime, the first data-centric security solution to move to a customer-first subscription model, is provided on an annual basis.

According to Gartner1, “By 2020, more than 80 percent of software vendors will change their primary business model from traditional license and maintenance to subscription, regardless of whether the software resides on-premises or in the cloud.”

Gartner1 reports that perception of affordability is one of the main drivers of this trend. “Because a subscription is based on a controllable unit of specification, this approach gives business units some control over expected costs and a clearer picture of their IT-related costs. The value of short-term predictability trumps long-term costs, particularly when the ease of adding or relinquishing licenses is included in the picture.”

While privacy-by-design is integral to maintaining a company’s brand reputation, deploying data security can be logistically and financially disruptive. But with the Protegrity Prime all-in subscription, organizations can flexibly scale protection of data and manage access to it in-line with the operational demands facing all connected enterprises.

“Protegrity Prime saves you significant upfront costs and provides consistent and predictable payments from operation expenses, not big hits to capital budgets,” added Protegrity CEO Suni Munshani. “You pay for the data security you need, as you need it now and in the future. Our partnership means protecting your business with a fully integrated data solution that’s easy to use, simple to implement, and mitigates the impact from breaches.”

For more information about Protegrity Prime please visit www.protegrity.com/protegrity_prime

1 Gartner “Market Trends: Prepare Now to Smooth the Inevitable Transition to a Subscription-Based Business Model,” by Laurie F. Wurster, Adam Woodyer, and JP Corriveau, 19 April 2017.

Gartner Disclaimer

Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Protegrity: Proven Experts in Data Security

Protegrity is the only enterprise data security software platform that leverages scalable, data-centric encryption, tokenization and masking to help businesses secure sensitive information while maintaining data usability. Built for complex, heterogeneous business environments, the Protegrity Data Security Platform provides unprecedented levels of data security certified across applications, data warehouses, mainframes, big data, and cloud environments. Companies trust Protegrity to help them manage risk, achieve compliance, enable business analytics, and confidently adopt new platforms. For additional information visit www.protegrity.com.

© 2018 Protegrity USA, Inc. All rights reserved. Protegrity and the Protegrity logo are trademarks of Protegrity Corporation. All other trademarks are the property of their respective owners.

# # #

CONNECT WITH PROTEGRITY:

Follow us on Twitter
Follow us on LinkedIn

PRESS CONTACTS:

Michael Maloney

michael.maloney@protegrity.com

203-569-4670

@MaloneyPR

Media Contacts

mike
Michael Maloney
Analyst & Public Relations Director
1-203-569-4670
char
Charlotte Levan
Analyst & Public Relations Associate
+44 1494 857 762 (ext) 4401

Twitter feed

@protegrity

- 5 days ago

Q: What can organizations do to better protect the personal information of their users? A: Adopt a data-centric app… https://t.co/sO3ABufNoL
h J R
@protegrity

- 6 days ago

There has been an increase in the volume of #cybercrime incidents reported to English police of 14% over the past t… https://t.co/swhpe7hO3B
h J R
@protegrity

- 7 days ago

Just hours after @MarriottIntl announced a massive data #breach, lawmakers on Capitol Hill called on Congress to pa… https://t.co/c2KMIx5xRy
h J R
@protegrity

- 7 days ago

The future of #DataSecurity faces new threats at an ever-increasing rate. Read one expert's advice on having a stra… https://t.co/YE63oRsjX3
h J R
@protegrity

- 7 days ago

Incredible as it may sound, the question of whether entities have a legal obligation to protect the confidentiality… https://t.co/OcM24vEEVz
h J R

Follow