Io-Tahoe, a pioneer in Smart Data Discovery and AI-Driven Data Catalog products, in its efforts to continue to transform the data discovery market, today announced it has released the latest version of its Smart Data Discovery platform - Smart Streaming Discovery - with the ability to perform real-time data discovery on a wide range of streaming data. The capability, believed to be the first of its kind, allows Io-Tahoe's customers to discover PII (Personally Identifiable Information) and other sensitive data "in motion," enabling continuous automated data governance and regulatory compliance.
Io-Tahoe is making today's announcement from the Gartner Data & Analytics 2019 Summit, where it will showcase its newly enhanced product at booth #805.
"The innovative capabilities we are announcing today make Io-Tahoe a leader in the discovery of streaming PII and sensitive data, enabling automated governance. We believe this is a significant shift in the industry from discovering and cataloging static data, to data in motion," said Rohit Mahajan, Io-Tahoe's Chief Technology and Product Officer. "Not only will organizations know what data they have and where it is located, they will now have the ability to understand what data is sensitive and flag it before it lands in data stores. This real-time insight is invaluable for businesses to proactively manage PII and sensitive data as opposed to discovering such data after it lands in the target data source."
"Between 2018 and 2023, Gartner estimates that revenue for event stream processing (ESP) platforms will grow 15% year over year."1 With the growing demand for continuous intelligence and more precise business decisions, enterprise applications need to function in real-time. According to Gartner, "data loss prevention solutions focus on the discovery, classification and monitoring of information at rest, in use and in motion, with the objectives to prevent leaks, build oversight and manage data. These DLP functions inherently support compliance with the GDPR (General Data Protection Regulation) through a detailed inventory of where personal data is, how it is used and how to best manage its access and movement."2
Leveraging Io-Tahoe's advanced technology and machine learning algorithms, Smart Streaming Discovery will enable organizations to think and act in real-time. The timely analysis and extraction of insights from data streams is critical; and the need for solutions that can discover data "in motion", as opposed to stored data "at rest," is greater than ever.
"Organizations have increasing streaming data year on year from internal and external sources," said Oksana Sokolovsky, Io-Tahoe's Chief Executive Officer. "The ability to proactively capture data from these sources, which may be continuously streamed into the data lake, for example, supports data loss prevention strategies with increased PII detection, reducing the potential risk or data exposure, while providing greater control and visibility over all enterprise data."
From the point of data ingestion, Io-Tahoe will quickly and automatically detect PII and other streaming sensitive data in structured, semi-structured and some unstructured formats, across a variety of data sources - relational data stores, data warehouses, data lakes and the cloud. The Io-Tahoe platform uses deep learning techniques to automatically tag the data as sensitive allowing SMEs (Subject Matter Experts) time to focus on remediation activities.
As companies deal with an increasing number of global privacy regulations, such as the GDPR and the upcoming California Consumer Privacy Act (CCPA), the ability to discover PII and other sensitive data (e.g. financial transactions, social security numbers, etc.) in motion, will provide a proactive approach to risk management and increase their overall regulatory compliance.
The latest version of Io-Tahoe's Smart Data Discovery platform with its new Smart Streaming Discovery and automated governance feature is available now. For more information, visit: https://io-tahoe.com/smartstreamingdiscovery.