Banks, credit unions, insurance companies,
FAQ for Partners: Concept Searching’s Acquisition by Netwrix Corporation Completed
Why did Netwrix acquire Concept Searching?
After a year of successful technology partnership, Netwrix acquired Concept Searching to enhance customers’ contextual awareness into sensitive structured and unstructured data, both on premises and in the cloud.
This investment firmly positions Netwrix in the Data-Centric Audit and Protection (DCAP) market and offers organizations seeking solutions a real alternative — one with lower TCO, shorter time to value and significantly lower false positive rates. Our integrated solution will help organizations detect and mitigate data security threats in time to prevent real damage and slash compliance costs.
Who’s Concept Searching?
Concept Searching is recognized as the leader in metadata generation, auto-classification, and taxonomy management.
The company was founded in 2002 by industry veterans with over 100 combined years of experience in knowledge management. As experts in the field, they recognized the age-old problem of retrieval and organization of content to maximize information assets and drive business value.
What do Concept Searching do?
Concept Searching clients have deployed their intelligent metadata-enabled solutions to improve identification and protection of sensitive data, compliance reporting, enterprise search, records management, collaboration, content optimization and migration.
What does this acquisition mean for my customers?
Bringing together the market-leading Netwrix Auditor and Concept Searching platforms creates a unique data security technology. It will bring customers a greater level of depth to the real-time identification and remediation of sensitive information, further enabling them to meet their data security needs and compliance mandates.
The new integrated offering aligns Netwrix squarely into the DCAP market recognised by Gartner as a high-growth security industry segment.
When can I start selling the new offerings?
The new DCAP and content services offerings will be available to our partner community immediately. The supporting messaging and partner portal training will be available shortly.
Who do I contact for commercial and technical sales assistance on Concept Searching?
Please continue to contact your current Netwrix sales or partner representative.
What happens to my existing opportunities and deals with Netwrix Auditor Data Discovery and
It will be business-as-usual on all current opportunities and deals.
Will this increase post-sales opportunities for me?
Yes. Netwrix and Concept Searching will be building on the current certification program to give partners increased opportunities to become more strategic to their customers as well as driving more service revenue in the long term.
How can I learn about Netwrix Auditor Discovery and Classification Edition?
Please visit https://www.netwrix.com/data_discovery_and_classification.html.