Welcome!

@DXWorldExpo Authors: Elizabeth White, Zakia Bouachraoui, Liz McMillan, Pat Romanski, Carmen Gonzalez

News Feed Item

Cloud Based Risk Assessment Now a Reality Thanks To Privacy Analytics

Big data analytics protection for personal privacy in the latest de-identification software release.

OTTAWA, ONTARIO -- (Marketwire) -- 02/26/13 -- Privacy Analytics, recently named one of the big winners at the STRATA 2012 Big Data Startup Showcase in New York City, have changed the big data privacy landscape yet again. With updated PARAT 5.0 software by Privacy Analytics any organization that deals with big data can make use of cloud services to share de-identified personal data across their various departments and partners - all while maintaining the toughest legal and practical limits of privacy. This new tool will increase productivity and speed, as well as decrease costs across the board by simplifying current methodologies.

Big data analytics is concerned with the process of examining huge amounts of different types of data to discover hidden patterns, useful information and unknown correlations. De-identification refers to the removal of all information that would allow the personal identification of any individual within the data source. Privacy Analytics' founders were inspired by today's reality of cheap computation and ubiquitous data collection, mixed with recognized software development processes such as quality assurance testing. Privacy Analytics recognizes the need for new tools in this developing big data landscape, to give users and companies the competitive advantage over rivals and reap benefits like increased revenue, research insight and more effective marketing.

According to Ben Eze, Privacy Analytics' Lead Developer, "There are many health organizations, financial organizations and governments that sit on a lot of data... they can't share this data because it contains personal information about clients, patients and whoever." He explained how the startup is changing the landscape of big data analytics by using patented technologies and algorithms to ferret out personal identifying information in clients' data. The software then strips this information out, allowing Privacy Analytics' clients to safely share this data with others for research and collaborative purposes.

This is where the new release of Privacy Analytics' flagship software application PARAT (Privacy Analytics Risk Assessment Tool) comes in. PARAT version 5.0 uses cloud based technologies to share data between internal data users and external data recipients in a completely secure manner, keeping data protected. Data managers and privacy officers can feel secure they are meeting their obligations of the various agencies, auditors, laws and regulations like HIPAA.

Eze articulated that big data analytics is something that is only going to become more and more important as technology and networking become more embedded in our everyday lives. Eze claims that Privacy Analytics is the only analytics company offering unique, cloud-based solutions that address this growing reality. Eze mentions this is one of the main reasons why they, (Privacy Analytics) bagged the award at STRATA.

Privacy Analytics Inc. is a spin-off from the Electronic Health Information Laboratory (EHIL) incorporated in 2007. It has a team of accomplished and reputable scientists and engineers working with a respectable and experienced management team focused on making the de-identification and masking process easier, simpler and faster. Many companies and indeed governments are recognizing the great value in big data analytics but also place great value on protecting their sources' privacy.

The organization has developed the "only commercially-available integrated masking and de-identification tool on the market today". They also take pride in their unique risk-based approach to de-identification and masking. Privacy Analytics' primary objective is to help companies, governments and organizations of all types make better decisions by enabling data managers and data scientists to analyze large volumes of raw data as well as additional sources of data that, until now, have been untapped by traditional business intelligence services. Such data sources include Internet streaming data, web server logs, mobile phone call records, social media, photo and video archives as well as the ever increasing volume of raw data captured by various sensors and networks. By employing software tools such as PARAT big data analytics like data mining and predictive analytics can be carried out safely and anonymously.

With the new cloud based abilities of PARAT 5.0 businesses and organizations can put their data to work building business and research intelligence as well as their bottom line.

To find out more about Privacy Analytics and their PARAT software, its available cloud features and privacy protections check out the Canadian de-identification software company's website at http://www.privacyanalytics.ca where they have compiled a number of case studies of companies that they helped in leveraging PARAT and other services offered by the organization.

Twitter: https://twitter.com/privacyanalytic

Facebook: https://www.facebook.com/PrivacyAnalytics

Contacts:
Privacy Analytics
Dr. Khaled El Emam
Media Contact
+1.613.369.4313
+1.613.369.4312 (FAX)
[email protected]
www.privacyanalytics.ca

More Stories By Marketwired .

Copyright © 2009 Marketwired. All rights reserved. All the news releases provided by Marketwired are copyrighted. Any forms of copying other than an individual user's personal reference without express written permission is prohibited. Further distribution of these materials is strictly forbidden, including but not limited to, posting, emailing, faxing, archiving in a public database, redistributing via a computer network or in a printed form.

DXWorldEXPO Digital Transformation Stories
The platform combines the strengths of Singtel's extensive, intelligent network capabilities with Microsoft's cloud expertise to create a unique solution that sets new standards for IoT applications," said Mr Diomedes Kastanis, Head of IoT at Singtel. "Our solution provides speed, transparency and flexibility, paving the way for a more pervasive use of IoT to accelerate enterprises' digitalisation efforts. AI-powered intelligent connectivity over Microsoft Azure will be the fastest connected pat...
There are many examples of disruption in consumer space – Uber disrupting the cab industry, Airbnb disrupting the hospitality industry and so on; but have you wondered who is disrupting support and operations? AISERA helps make businesses and customers successful by offering consumer-like user experience for support and operations. We have built the world’s first AI-driven IT / HR / Cloud / Customer Support and Operations solution.
Codete accelerates their clients growth through technological expertise and experience. Codite team works with organizations to meet the challenges that digitalization presents. Their clients include digital start-ups as well as established enterprises in the IT industry. To stay competitive in a highly innovative IT industry, strong R&D departments and bold spin-off initiatives is a must. Codete Data Science and Software Architects teams help corporate clients to stay up to date with the mod...
At CloudEXPO Silicon Valley, June 24-26, 2019, Digital Transformation (DX) is a major focus with expanded DevOpsSUMMIT and FinTechEXPO programs within the DXWorldEXPO agenda. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term. A total of 88% of Fortune 500 companies from a generation ago are now out of business. Only 12% still survive. Similar percentages are found throug...
In his general session at 21st Cloud Expo, Greg Dumas, Calligo’s Vice President and G.M. of US operations, discussed the new Global Data Protection Regulation and how Calligo can help business stay compliant in digitally globalized world. Greg Dumas is Calligo's Vice President and G.M. of US operations. Calligo is an established service provider that provides an innovative platform for trusted cloud solutions. Calligo’s customers are typically most concerned about GDPR compliance, application p...
Druva is the global leader in Cloud Data Protection and Management, delivering the industry's first data management-as-a-service solution that aggregates data from endpoints, servers and cloud applications and leverages the public cloud to offer a single pane of glass to enable data protection, governance and intelligence-dramatically increasing the availability and visibility of business critical information, while reducing the risk, cost and complexity of managing and protecting it. Druva's...
BMC has unmatched experience in IT management, supporting 92 of the Forbes Global 100, and earning recognition as an ITSM Gartner Magic Quadrant Leader for five years running. Our solutions offer speed, agility, and efficiency to tackle business challenges in the areas of service management, automation, operations, and the mainframe.
With 10 simultaneous tracks, keynotes, general sessions and targeted breakout classes, @CloudEXPO and DXWorldEXPO are two of the most important technology events of the year. Since its launch over eight years ago, @CloudEXPO and DXWorldEXPO have presented a rock star faculty as well as showcased hundreds of sponsors and exhibitors! In this blog post, we provide 7 tips on how, as part of our world-class faculty, you can deliver one of the most popular sessions at our events. But before reading...
DSR is a supplier of project management, consultancy services and IT solutions that increase effectiveness of a company's operations in the production sector. The company combines in-depth knowledge of international companies with expert knowledge utilising IT tools that support manufacturing and distribution processes. DSR ensures optimization and integration of internal processes which is necessary for companies to grow rapidly. The rapid growth is possible thanks, to specialized services an...
At CloudEXPO Silicon Valley, June 24-26, 2019, Digital Transformation (DX) is a major focus with expanded DevOpsSUMMIT and FinTechEXPO programs within the DXWorldEXPO agenda. Successful transformation requires a laser focus on being data-driven and on using all the tools available that enable transformation if they plan to survive over the long term. A total of 88% of Fortune 500 companies from a generation ago are now out of business. Only 12% still survive. Similar percentages are found throug...