Comprehensive evaluation reiterates the
company's commitment to data security and transparency
SAN
FRANCISCO, June 24, 2024 /PRNewswire/
-- Promethium, creators of the only AI-native data
fabric which empowers organizations to automate the creation of
data products via GenAI, today announced that it has successfully
achieved System and Organization Controls (SOC) 2 Compliance.
Conducted by Johanson Group and assisted by Trustero, the
completion of the comprehensive audit demonstrates Promethium's
long-term commitment to providing its customers with unprecedented
transparency, privacy, and data security. As the first AI-native
data fabric platform, Promethium enables organizations to
streamline their data management processes, enhance analytical
capabilities, and drive informed decision-making. Data and
analytics teams can easily build data products in a single workflow
and transform how businesses approach data management and
analytics.
SOC 2 is an auditing standard developed by the American
Institute of Certified Public Accountants (AICPA) to assess
the effectiveness of an organization's controls over information
security, availability, processing integrity, confidentiality, and
privacy. SOC 2 Type I compliance measures an organization's systems
and controls and evaluates the design and implementation of these
controls to ensure they are suitably designed to meet the relevant
trust services criteria. Beyond mere compliance, SOC 2 Type II
certification is more thorough and evaluates whether controls
are designed and functioning as intended over a specified period of
time.
Serving as a symbol of trust and transparency for organizations
handling sensitive data in the constantly changing world of digital
technology, the resulting report demonstrates that a business's
security and confidentiality controls meet or exceed the
requirements established by the AICPA. By awarding Promethium with
SOC 2 completion status, AICPA confirms Promethium's
offering meets the highest standards for security and customer
confidentiality.
In the age of GenAI, it is even more important to ensure that
privacy and security is not compromised for the sake of
convenience. This comprehensive evaluation covered all facets of
the company's application and operations including data management,
infrastructure, development, and support processes. Promethium
enables businesses to manage, discover, and utilize their data, to
eliminate data and analytics bottlenecks so users get answers in
minutes instead of months. Using Promethium, organizations are free
from long wait times and stitching multiple solutions together.
This optimizes costs by removing the need for multiple integration
tools and cuts back on the need to move data by avoiding costly
integration services.
This news follows on the heels of Promethium's recent
recognition as a Cool Vendor in Data Management: GenAI Disrupts
Traditional Technologies by Gartner. Promethium's unique, native
AI-driven data fabric addresses the growing demand for advanced
data analytics and management solutions that help businesses drive
digital transformation and foster data-driven decision-making. With
its innovative solution, Promethium provides a single, unified,
consistent view and access to all data from multiple sources,
enabling customers to find new insights and answer pressing
business questions while reducing project backlogs and decreasing
the total cost of ownership.
"Our customers and partners have always known how much
Promethium values privacy and security, and we are thrilled to help
them accelerate business value, improve data operations, and build
data products in the most automated and easiest manner regardless
of how distributed or messy the data is," said Kaycee Lai, Founder of Promethium. "We
specifically designed our GenAI-powered data fabric with security
and privacy as a foundation so customers could seamlessly discover,
query, and pipeline without having to move their data out of their
systems and environment. That's why it is personally very important
to us to obtain this certification so that our customers can be
even more confident in our commitment to privacy and security."
About Promethium
Promethium is the leading provider of
AI-native data fabric technology. Designed to revolutionize the way
businesses manage, discover, and utilize their data, Promethium
empowers organizations to streamline their data management
processes, enhance analytical capabilities, and drive informed
decision-making. With its innovative solutions, Promethium provides
a single, unified, consistent view and access to all data from
across multiple sources, enabling customers to find new insights
and answer pressing business questions while reducing project
backlogs and decreasing the total cost of ownership. To learn more
visit https://www.promethium.ai or follow on LinkedIn or
Twitter.
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SOURCE Promethium