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PerspecSys Delivers Cloud Data Residency to Oracle Customers Through New PRS Adapter for Oracle Sales and Marketing Cloud Service

MCLEAN, Va.--(BUSINESS WIRE)-- PerspecSys Inc., the leader in cloud data protection solutions for the enterprise, today introduces PerspecSys PRS Adapter (Privacy, Residency, Security) for Oracle Sales and Marketing Cloud Service. This adapter enables interoperability between Oracle Sales and Marketing Cloud Service and PerspecSys’ Cloud Data Protection Gateway to provide a cloud data residency solution that enables Oracle customers take advantage of wide application functionality while helping ensure their sensitive corporate data remains on-premise and under their control. PerspecSys will demonstrate the solution in the CRM Pavilion at Oracle OpenWorld, October 1 - 4, in San Francisco, California.

According to industry research firm, Gartner, the SaaS enterprise application software market is projected to be worth more than $26 billion by 2016. This growth is driven by the fact that SaaS solutions offer significant, immediate value to organizations looking to streamline application management, optimize current technology investments and add best-in-class functionality for their employees. However, international data protection laws such as the Data Protection Directive in the EU, PIPEDA in Canada, and State Secrecy laws in China impose strict guidelines on how sensitive data must be treated and threaten to slow enterprise adoption of cloud applications. PerspecSys’ solution helps organizations comply with these regulations as they make the move to the cloud, enabling them to take advantage of all the benefits cloud computing has to offer.

With today’s announcement, PerspecSys is bringing important data residency capabilities to Oracle Sales and Marketing Cloud Service solutions for the Oracle Cloud. “PerspecSys delivers a perfect blend of the efficiency of the cloud based deployment model and the confidentiality of local ownership of sensitive data,” said Anthony Lye, SVP of Oracle CRM. “Enterprises can retain the data they want to keep within a defined geographic jurisdiction while taking advantage of Oracle's cloud based functionality."

"Customers see the value of being able to use PerspecSys to maintain full ownership of their sensitive data, satisfying strict data residency requirements without having to take on the task of deploying an application on premise," said David Canellos, CEO of PerspecSys. “By giving enterprises the ability to keep their sensitive information completely out of the cloud and within their full control, we allow them to confidently deploy and enjoy the benefits of leading solutions such as Oracle Sales and Marketing Cloud Service while helping them address strict regulatory and jurisdictional data residency and privacy requirements.”

The PerspecSys Cloud Data Protection Gateway protects sensitive information that leaves a company’s environment by intercepting and replacing data with a randomly generated token or an encrypted value, ensuring the data remains undecipherable when it is in the cloud. As a result, enterprises can be confident that they are meeting their international and local regulatory requirements, and their users can enjoy the functionality of their cloud applications. The solution is designed to support multiple popular cloud applications and services via “adapters” that enable interoperability between the application and the PerspecSys Cloud Data Protection Gateway.

PerspecSys is a Gold level member in the Oracle PartnerNetwork. For more information on PerspecSys and data protection and control in cloud computing, visit www.perspecsys.com.

About PerspecSys

PerspecSys Inc. is a provider of cloud data protection solutions that enable mission-critical cloud applications to be adopted throughout the enterprise. PerspecSys removes the technical, legal and financial risks of placing sensitive company data in the cloud. PerspecSys accomplishes this for many large, heavily regulated companies across the world by never allowing sensitive data to leave a customer’s network, while maintaining the functionality of cloud applications. Based in Toronto, PerspecSys Inc. is a privately held company backed by leading investors including Intel Capital and GrowthWorks. For more information please visit www.perspecsys.com or follow on Twitter @perspecsys.

Racepoint Group
Brittany M. Falconer, 617-624-3242
perspecsys@racepointgroup.com

Source: PerspecSys Inc.