Inpher, Inc. the pioneers of Secret Computing©, and DataCo Technologies, backed by innovation and venture capital firm 1835i, announce a strategic engagement to accelerate growth for consented, privacy-preserving data analytics among leading brands and their ecosystem partners.
Privacy-Enhancing Technologies (PETs) are among the leading technology trends for 2022 according to Gartner, Deloitte, and the World Economic Forum, underlining the imperative for global enterprises to satiate privacy requirements while fueling their data pipelines for analytical and machine learning workloads. PETs are also enabling new collaborative opportunities for cross-industry partnerships and decentralized data-sharing ecosystems to improve predictive model performance and deliver valuable customer propositions. Inpher’s enterprise-ready XOR Platform has emerged as the leading SaaS PET solution for its usability, scalability, and advanced Machine Learning & analytics capabilities that now include privacy-preserving capabilities for XGBoost, Recommender Systems, and Secure Record Linkage.
“We applaud the vision of DataCo Technologies to build their data collaboration platform based on customer consent, privacy and trust,” said Jordan Brandt, Cofounder and CEO of Inpher. “They are proving that proofs work; cryptographic security and privacy unlock even greater value and collective benefit from proprietary and partner data.”
The strategic collaboration underlines Inpher’s continued partnership with trusted industry leaders in data security, privacy and AI. “In combination with granular customer consent and controls, we believe that leveraging robust privacy-preserving techniques can provide an exciting solution for secure and privacy compliant data collaboration. This will benefit enterprises, their partners and customers,” said Danny Tyrrell, Co-Founder at DataCo Technologies. “We are excited to be partnering on a proposition that will deliver a secure, end-to-end consented data sharing solution leveraging Inpher’s patented technology, enterprise-ready platform and expert team for the next wave of innovation and scale in this rapidly expanding market.”
Inpher is a New York-based, global Secret Computing© company that powers privacy-preserving machine learning and analytics to unlock the value of sensitive, siloed data and enable secure collaboration across teams and organizations. Data scientists leverage Inpher’s XORTM SaaS to train and run ML models