Egnyte: New Layer in Content Intelligence Engine

Egnyte, Inc. announced content intelligence and security capabilities that will improve discovery, structure, task automation and protection of enterprise content.

This is this development to its platform as the company continues to augment its content intelligence engine.

With metadata intelligence enhancements, users can implement custom metadata and classification in a flexible, no-code approach. Users can recognize savings in time and resources by being liberated from the confines of the traditional folder structure. This layer provides faster access to data and more control over content, which enables better operational use of their enterprise content. Additionally, customers can apply security policies and automate the entire data lifecycle – retention, deletion, and archiving – based on the criteria that matters most to their business.

“Enterprises are dependent on their content. Yet, 80% of all business data is unstructured ⁽¹⁾ and 90% of all unstructured data is never analyzed ⁽²⁾. It’s essentially, ‘dark data’,” said Vineet Jain, CEO and co-founder, Egnyte. “With the addition of advanced metadata capabilities, content can be automatically given structure which makes it findable and usable. With this deep visibility, content can be rapidly deployed, in context, to solve business problems. At Egnyte, we’ve always been big believers that machines should do the heavy lifting, while humans exercise judgment and make decisions. This is just one more way we are accelerating access to information and giving customers an advantage leg up in their governance and compliance efforts.“

The company’s platform is currently used by more than 16,000 organizations to provide structure to unstructured data and to improve the visibility and context of their content. Powered by ML, rules-based data classification, and the firm’s custom metadata API, companies like Preqin Financial can extract business insights from their content, accelerate data discovery, and operate in compliance with government and industry regulatory frameworks.

“Recently, Egnyte was positioned in the major players category within the IDC MarketScape for Worldwide SaaS and Cloud-Enabled Content Applications,” said Marci Maddox, research director,enterprise content strategies, IDC. “By continuing to build out advanced metadata features, Egnyte simplifies the descriptive task of unstructured content, giving users greater insight and control over their content. This new offering also enables integration with other apps that supply meaningful metAdata: which is critical for data intelligence. This is a major expansion to its current secure content management offering.“

Advanced metadata capabilities accelerate data discovery for users. Egnyte is focused on building an improved user experience based on content intelligence that provides meaningful context and promotes productivity. Advanced metadata provides the foundation for next-level file analytics that will be powered by ML.

⁽¹⁾ The biggest data challenges that you might not even know you …. May 25, 2016, accessed November 12, 2019
⁽²⁾ Analyzing dark data for hidden opportunities, Deloitte Insights. February 7, 2017, accessed November 12, 2019