Banking Fintech InsurTech Investment Services News Risk Management

Jumio Named To CRN’s 20 Coolest Identity Access Management And Data Protection Companies Of 2021

Jumio Named To CRN’s 20 Coolest Identity Access Management And Data Protection Companies Of 2021

Jumio continues to build momentum with its channel partners and recognizes several key strategic partners around the globe for helping to fuel the company’s explosive growth

Jumio, the leading provider of AI-powered end-to-end identity verification and eKYC solutions, today announces the company has been named to CRN’s 2021 list of the 20 Coolest Identity Access Management and Data Protection Companies.

“We’ve invested in our KYX Platform to enable our channel partners to rapidly expand their customer footprint by knocking down the biggest hurdles to enterprise digital transformation — the identity verification and eKYC processes.”

According to CRN: “The global data protection market is being driven by the growing volume of data being generated across various industries such as financial services, manufacturing, retail, IT and telecommunications. Companies are therefore looking for new technologies to monitor, manage and protect this growing volume of data, which in turn is expected to positively influence the market over the next half-decade.”

“We’re thrilled to be recognized as one of the coolest companies in the IAM and data protection space,” said Dean Hickman-Smith, chief revenue officer of Jumio. “We’ve invested in our KYX Platform to enable our channel partners to rapidly expand their customer footprint by knocking down the biggest hurdles to enterprise digital transformation — the identity verification and eKYC processes.”

Increasingly, spending by governments and others on security combined with growing concerns over highly valuable data being breached is expected to create lucrative opportunities for partners over the next several years, according to CRN.

In 2020, Jumio achieved record highs in revenues and a significant share of this growth was fueled by its channel partners who contributed 56% more revenue compared to 2019 levels. The company’s channel program matured significantly, adding key headcount around the globe and onboarding channel partners who created groundbreaking solutions that address customer pain points such as fraud detection, streamlined onboarding and regulatory compliance.

In recognition of this growth, Jumio awarded the Emerging Partner of the Year and Strategic Partner of the Year to channel partners who demonstrated significant customer impact, solution innovation, speed-to-market, deployment and utilization of advanced features in Jumio’s technologies over the past year.

Americas
Emerging Partner of the Year: Wipro
Strategic Partner of the Year: Okta

EMEA
Emerging Partner of the Year: Wipro
Strategic Partner of the Year: 4Stop

Asia Pacific
Emerging Partner of the Year: ACA Pacific Technology (S) Pte Ltd
Strategic Partner of the Year: Netpoleon Solutions Pte Ltd

The global data protection market is expected to grow at a formidable rate of around 10% until 2025, according to Research and Markets. The Global Post-COVID-19 Identity Verification Market Size is forecasted to grow from $7.6 billion in 2020 to $15.8 billion by 2025, at a compound annual growth rate of 15.6%.

Related posts

Nordea Sets Target to Become a Net Zero Emissions Bank by 2050

FTS News Desk

LemonadeLXP Partners With The Edcomm Group To Offer Compliance Training Courses

FTS News Desk

Analyticom Introduces a Scientific Model That Keeps Investments Stable During Market Volatility

FTS News Desk