Startup Battlefield: Session 3 - Osano | Summary and Q&A

TL;DR

oSano's data privacy platform helps businesses track and comply with privacy regulations by providing a comprehensive view of vendors' privacy practices and offering a cookie consent solution.

Key Insights

• 👨‍💼 The implementation of GDPR and other privacy laws has made it essential for businesses to comply with regulations to avoid penalties and fines.
• 👨‍💼 oSano's data privacy platform offers a comprehensive solution for businesses to identify vendors that align with regulations and simplify compliance.
• 🥠 The platform includes features such as a managed cookie consent solution and a developer API to integrate data privacy into applications.
• 😜 oSano's proprietary ranking system and comprehensive ontology allow for effective vendor evaluation, reducing the risk of non-compliance.
• 💗 The global market for data privacy software is expected to grow rapidly, with businesses estimated to spend over $3.3 billion annually by 2023.
• 😫 oSano's self-service model, combined with its unique data set and focus on small and medium enterprises, sets it apart from competitors.
• 👤 The platform's large user base and community support contribute to its market presence and credibility.
• 😤 oSano's team, including experienced executives and attorneys, ensures a strong foundation for addressing data privacy challenges.

Transcript

visual for the last 25 years the Internet has been the Wild West but between public opinion and government regulation when gdpr came into effect last year that era ended forever the average company thinks they share data with about 40 different companies but in fact they share with an astounding 750 and while it's amazing what we can do with modern... Read More

Questions & Answers

Q: How much does oSano cost?

oSano offers a range of pricing tiers, starting from a free option for solopreneurs to $100 and $200 per month for mid-market companies, covering their data privacy needs.

Q: Does oSano replace the need for other compliance services like one trust?

Yes, oSano aims to serve the small and medium enterprise market with its comprehensive data privacy platform, eliminating the need for more expensive and complex solutions like one trust.

Q: How did oSano acquire its large customer base?

oSano acquired its customer base through its ownership and operation of the popular open-source cookie consent solution, which attracts millions of visitors per month.

Q: How does oSano stay updated with changing regulations?

oSano has a team of attorneys who actively monitor and advise customers on new regulations, ensuring that their platform remains compliant and up-to-date.

Summary & Key Takeaways

• The internet has been a privacy Wild West, but with the implementation of GDPR, businesses need to comply with privacy laws.

• oSano's data privacy platform allows companies to identify vendors that align with privacy regulations and offers a 360-degree view of their privacy practices.

• Their platform also includes a managed cookie consent solution and a developer API to integrate data privacy into applications.