{"id":441932,"date":"2021-02-23T08:58:15","date_gmt":"2021-02-23T13:58:15","guid":{"rendered":"http:\/\/www.marketnewsdesk.com\/?p=441932"},"modified":"2021-02-23T08:58:15","modified_gmt":"2021-02-23T13:58:15","slug":"enveil-zeroreveal-3-0-delivers-performant-scalable-privacy-enhancing-capabilities-for-secure-data-search-sharing-and-collaboration","status":"publish","type":"post","link":"https:\/\/www.marketnewsdesk.com\/index.php\/enveil-zeroreveal-3-0-delivers-performant-scalable-privacy-enhancing-capabilities-for-secure-data-search-sharing-and-collaboration\/","title":{"rendered":"Enveil ZeroReveal 3.0 Delivers Performant, Scalable Privacy-Enhancing Capabilities for Secure Data Search, Sharing, and Collaboration"},"content":{"rendered":"

\nThe performance and efficiencies in the software\u2019s 3.0 release affirm that the groundbreaking, business-enabling capacity of homomorphic encryption is ready now for broad commercial use
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Washington, D.C., Feb. 23, 2021 (GLOBE NEWSWIRE) — Enveil<\/a>, the pioneering data security company protecting Data in Use, today announced the release of version 3.0 of its flagship ZeroReveal\u00ae product line. ZeroReveal\u00ae 3.0 is the most mature encrypted search, analytic, and machine learning solution on the market, delivering the company\u2019s core homomorphic encryption-powered capabilities through an efficient and decentralized framework designed to reduce risk and address business challenges including data sharing, collaboration, monetization, and regulatory compliance. The enhancements in this release achieve dramatic performance improvements \u2014 version 3.0 performs at speeds more than 1000x faster than the company\u2019s initial offering released in 2017. Organizations can utilize the groundbreaking, privacy-preserving capabilities at scale to enable critical business functions as part of normal workflows.\u00a0\u00a0<\/p>\n

Defining the transformative category of Privacy Enhancing Technologies (PETs)<\/a>, Enveil\u2019s ZeroReveal\u00ae solutions change the paradigm of how and where organizations can securely and privately leverage data assets for business purposes \u2014 activities that are becoming increasingly challenging due to a growing demand for privacy and a corresponding expansion of the regulatory landscape. The market for these business-enabling capabilities has never been greater: Gartner analysts predict that by 2025, 50% of large organizations will adopt privacy-enhancing computation for processing data in untrusted environments and multiparty data analytics use cases (Gartner \u201cTop Strategic Technology Trends for 2021,\u201d Oct. 2020). Enveil is already delivering on this promise. Customers use ZeroReveal\u00ae to securely derive insights, cross-match, and search third-party data assets without ever revealing the content of the search itself or compromising the security or ownership of the underlying data.\u00a0\u00a0<\/p>\n

\u201cZeroReveal 3.0 marks a significant milestone in our company journey and further validates that homomorphic encryption is no longer solely within the realm of research and now has a solid footing in the land of the possible,\u201d said Dr. Ellison Anne Williams, Founder and CEO of Enveil. \u201cOur customers are using ZeroReveal today to uniquely solve real problems at scale, enabling business and mission functions that otherwise just cannot be done. We\u2019re not improving existing processes; we\u2019re making something entirely new possible.\u201d\u00a0\u00a0\u00a0<\/p>\n

By focusing on the security and privacy posture of the search or analytic, Enveil ZeroReveal\u00ae protects a customer\u2019s interests and intent as well as the content of the operation and its corresponding results. Information can be securely shared between entities and across jurisdictional boundaries, expanding data access and utility and enabling organizations to reduce risk while making faster, better-informed decisions. The proxy-layer software solution is being used for business-enabling applications in regulated industries such as financial services and healthcare.\u00a0<\/p>\n

Through its ZeroReveal\u00ae solutions, Enveil uniquely provides a decentralized approach to secure data collaboration, allowing participating entities to retain granular control and ownership of their sensitive assets \u2014 an approach that differentiates the company\u2019s solution from other Privacy Enhancing Technology-based offerings. Since requirements to move or pool sensitive assets frequently prove to be the breaking point in collaboration efforts, Enveil removes that risk by allowing organizations to securely and privately search and share over third-party data as it is and where it is today.\u00a0<\/p>\n

\u201cThe industry has been waiting not only for homomorphic encryption to reach the computational tipping point, but also for a solution that is built with the needs of business users in mind because both are required for wide-scale use,\u201d said Bob Ackerman, Founder & Managing Director at Allegis Capital. \u201cThe performance gains and efficiencies delivered by ZeroReveal 3.0 prove that Enveil has crossed that threshold \u2014 and the fact that the company\u2019s approach prioritizes data control and ownership shows that they understand the market in a way that will advance this category.\u201d\u00a0\u00a0\u00a0<\/p>\n

\n Product Highlights<\/strong>\n <\/p>\n

The product enhancements delivered in the 3.0 release strengthen integration, performance, and user experience features for both Enveil\u2019s ZeroReveal\u00ae Search and ZeroReveal\u00ae Machine Learning product lines. Notable features include:<\/p>\n