November 23,2024

Transcend Wins LegalTech Breakthrough’s 'Overall LegalTech Data Solution of the Year'

Source By:  BUSINESS WIRE
 November 20,2024

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The next-generation privacy platform is recognized for empowering legal teams to lead data privacy compliance with cutting-edge solutions.

Transcend Wins LegalTech Breakthrough’s 'Overall LegalTech Data Solution of the Year'

Media contact:
Andrew Moon
press@transcend.io

Transcend, the next-generation data privacy and digital governance platform, today announced it won LegalTech Breakthrough’s “Overall LegalTech Data Solution of the Year.” The annual award recognizes the top technology companies, solutions and products in the legal technology industry. In its win, Transcend beat out thousands of nominations for the distinction.

“Today’s legal professionals want to get back to the strategic nature of their work and reduce the repetitive privacy compliance and personal data processes they’re doing by hand,” said Transcend CEO and co-founder Ben Brook. “We are so honored to be named the LegalTech Breakthrough Data Solution of the Year, and see it as a testament to the work we’re doing to help companies increase operational efficiency and reduce risk through real privacy automation at the data system level.”

Corporate legal organizations are increasingly seeing more and more work related to privacy, data management, security and digital governance. This increase is driven by companies generating an ever-increasing amount of data, and the rise of global data governance regulations. Legal leaders are navigating this digital governance transformation by driving data protection policies and procedures, guiding organizations through data mapping, policy development and risk assessments, and ensuring that data handling practices meet legal standards. The volume of the work means scale and automation applications are critical.

“When we started looking for a privacy tool, TechGC peers and other legal colleagues all pointed to Transcend as the leader in automated privacy solutions, with top tier support and education,” said Transcend customer, Keara Roethke, Legal Director at Snapdocs. “From there, each engineer I brought into our conversations was immediately impressed with Transcend, further validating the power of their technology.”

Transcend's platform is the privacy partner to the Fortune 500, Global 2000s, and the world's fastest-growing start-ups. With an all-in-one platform, Transcend’s next-gen platform is designed to transform the gamut of privacy operations tasks, including assessing risk, automating repetitive and manual processes, enabling ensuring real-time visibility, management and intelligence of personal data and data systems – all in a deeply integrated and deeply automated manner.

Using Transcend’s platform, nearly 90% of Transcend customers surveyed agree that Transcend helps them reduce risk across their business, and nearly 80% of Transcend customers surveyed say that Transcend increased their operational efficiency. In 2024 so far, Transcend has helped companies save more than $100 million dollars — savings via automation which have also enabled safer business practices, returned more time back for higher priority work, unlocked faster business innovation and deepened customer trust.

“We’re tremendously grateful for this recognition, as we pride ourselves on being an easy way for legal teams to dramatically transform their privacy operations in support of business growth and innovation,” said General Counsel and Head of Privacy at Transcend Brandon Weibe.

About Transcend

Transcend helps the world’s largest companies better govern their data—reducing risk, improving operational efficiencies, unlocking growth, and building trust. Transcend offers a comprehensive privacy and AI governance suite of 12 products that transform how enterprises understand and manage personal data, automate privacy tasks, assess risks, and oversee AI systems. As the fastest growing privacy company in the market, Transcend is used by some of the biggest names in technology, financial services, healthcare, telecommunications, consumer goods, insurance, and more. Transcend was named a “Leader” in Data Privacy Management on G2 and a “Major Player” in the 2023 IDC MarketScape report “Worldwide Data Privacy Compliance Software.” Founded in 2017 by Ben Brook (CEO) and Mike Farrell (CTO), Transcend is headquartered in California’s Bay Area.

Transcend’s vision is to put users everywhere in control of their data, and via the company’s “data rights for all” efforts, they have provided actionable privacy choices to over 1.2 billion people globally.

About the LegalTech Breakthrough Awards

Part of Tech Breakthrough, a leading market intelligence and recognition platform for global technology innovation and leadership, the LegalTech Breakthrough Awards program is devoted to honoring excellence in legal technologies, services, companies and products. The LegalTech Breakthrough Awards program provides a forum for public recognition around the achievements of LegalTech companies and solutions in categories including Case Management, Client Relations, Data and Analytics, Documentation, Legal Education, Practice Management, eDiscovery and more. For more information visit LegalTechBreakthrough.com

Tech Breakthrough LLC does not endorse any vendor, product or service depicted in our recognition programs, and does not advise technology users to select only those vendors with award designations. Tech Breakthrough LLC recognition consists of the opinions of the Tech Breakthrough LLC organization and should not be construed as statements of fact. Tech Breakthrough LLC disclaims all warranties, expressed or implied, with respect to this recognition program, including any warranties of merchantability or fitness for a particular purpose.


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