For the fifth consecutive year, OneTrust ranks among the world’s top private cloud companies
OneTrust, the market-defining leader for trust intelligence, has been named to the Forbes 2023 Cloud 100, the definitive ranking of the top 100 private cloud companies in the world, published by Forbes in partnership with Bessemer Venture Partners and Salesforce Ventures. OneTrust is the leading Trust Intelligence platform on the list. At #21, the company has ascended more than 40 spots since 2019.
“The Forbes Cloud 100 recognizes companies for their transformational products and services, category leadership, and ability to demonstrate innovation and resilience during economic headwinds,” said Kabir Barday, founder and CEO of OneTrust. “We’re proud that OneTrust continues to move up the list. We want to share our gratitude and deep appreciation for our customers, employees, and partners as they are the reason we’ve achieved this recognition. Today, trust is the fundamental enabler of innovation in this era of digital transformation, AI, and evolving regulatory landscapes. Organizations rely on OneTrust to build and demonstrate trust, measure and manage risk, and go beyond compliance.”
The recognition comes amid a period of significant momentum for OneTrust:
- In July, the company announced $150M in funding from Generation Investment Management
- OneTrust was recently named the top-ranking company for 2022 market share in IDC’s latest Worldwide Data Privacy Compliance Software Market Shares report
- The company crossed a milestone of helping more than 14,000 customers across the globe
- OneTrust introduced AI Governance, a responsible AI solution to help organizations manage AI risk
- Fast Company recognized OneTrust’s Trust Intelligence Platform in the 2023 World Changing Ideas Awards
In today’s business landscape, customers are dealing with rapid innovation, constantly changing regulations, and an abundance of data. To maintain a good reputation and build trust, it is crucial to handle this data responsibly and avoid the risk of misuse. OneTrust helps organizations weave trust into the fabric of their day-to-day operations and manage trust across stakeholder demands of privacy, security, ethics, ESG, and responsible AI. Bolstered by automation and built-in regulatory guidance, the Trust Intelligence Platform breaks down data siloes, surfaces and mitigates risk, and helps organizations go beyond compliance to scale their trust programs.
“The companies of the Cloud 100 list represent the best and brightest private companies in this crucial tech sector,” said Kenrick Cai, Forbes editor of the Cloud 100. “This year’s companies had to react rapidly to AI’s sweeping impact while contending with a market pullback. Their resilience puts them in elite company. Congratulations to each of the 2023 Cloud 100 honorees and the 20 Rising Stars who are showing early potential to one day join their ranks.”
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