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VISO TRUST is a SaaS company that offers a third-party cyber risk management platform. Their platform helps businesses automate vendor security assessments and gain actionable insights to make informed risk decisions. They leverage artificial intelligence and machine learning to analyze vendor artifacts and provide comprehensive risk profiles.
Major Markets
Key Competitors
AI-driven risk assessments
Automation of vendor due diligence
Actionable insights for decision making
Relatively new entrant in the market
Potential challenges in acquiring large clients
Dependence on AI algorithms, which can be complex
Expanding into new geographic markets
Developing partnerships with complementary cybersecurity providers
Offering tailored solutions for specific industries
Competition from established players in the TPRM market
Rapidly evolving cybersecurity landscape
Potential data privacy concerns related to vendor information
VISO TRUST operates in the cybersecurity industry, specifically focusing on third-party risk management (TPRM). Their platform and services cater to businesses looking to enhance their vendor risk management programs. They address the growing need for automated and efficient solutions to manage the security risks associated with third-party vendors.
VISO TRUST's primary market is the US, followed by the UK and Canada. Germany and Australia represent emerging markets.
United States
60% market share
United Kingdom
15% market share
Canada
10% market share
Germany
7.5% market share
Australia
7.5% market share
VISO TRUST targets businesses, specifically those with a significant reliance on third-party vendors. This is clear from their marketing materials that emphasize the importance of vendor risk management and their software's ability to streamline due diligence processes. The platform is designed to help businesses assess and manage the security risks associated with their vendors.
Data shown in percentage (%) of usage across platforms
Establish VISO TRUST as a thought leader in the TPRM space through insightful blog posts, white papers, and webinars. This will attract CISO's and cybersecurity professionals looking for solutions to their vendor risk management challenges.
Learn morePartner with complementary cybersecurity vendors to offer bundled solutions and reach a wider audience. Integrate with existing security tools to enhance the platform's value and streamline workflows for customers.
Learn moreOffer a free trial of the VISO TRUST platform to allow prospects to experience its benefits firsthand. Consider a freemium model with limited functionality to attract businesses and demonstrate the platform's value before they commit to a paid subscription.
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