Boston MA—January 9, 2024—TrustCloud™, the Trust Assurance platform using AI to upgrade GRC into a profit center, announced today it has been recognized with the Security Innovation of the Year (SMB) award in the 2023-2024 Cloud Awards program. The Cloud Awards has honored innovation in cloud computing since 2011, spanning diverse industry sectors and welcoming submissions from organizations across the globe.
TrustCloud upgrades Government, Risk, and Compliance (GRC) into a profit center by saving time and money on control management and audit prep, reducing liability with risk management, and accelerating deals with automated security questionnaires. AI-powered predictive intelligence and programmatic verification ensure that companies meet their customer, audit, and governance commitments so they can stay secure and grow their business.
In the past year, TrustCloud expanded its platform to include free SOC 2 readiness for startups, the first AI-powered trust portal and security questionnaire automation tool, and programmatic risk assessments to proactively identify risks, simplify collaboration, and understand risk-related revenue and business impact. Together, these products make compliance more accessible for thousands of businesses, and provide GRC leaders with clear visibility into their program status, audit readiness, risk posture, and ROI for easier communication with leadership.
“TrustCloud is honored to have our platform recognized as the Security Innovation of the Year by the Cloud Awards,” said Sravish Sridhar, CEO & Founder, TrustCloud. “This award further validates our unique approach; we believe that by saving time and money, accelerating revenue and reducing liability, GRC can be a profit center. With TrustCloud, CISOs have the tools they need to manage an effective GRC program, and also prove its positive business impact with quantifiable metrics. We are proud to elevate GRC leaders into trust champions.”
“The prospect of proving compliance through questionnaires and audits is never a fun one, TrustCloud makes this process significantly less painful and we at The Cloud Awards were seriously impressed with the use of AI to provide automation,” said Jason Ford, Lead Judge for The Cloud Awards.
To view the full list of 2023-2024 Cloud Award winners, please visit: https://www.cloud-awards.com/2023-2024-cloud-awards-finalists/.
To learn more about the TrustCloud platform, please visit: https://www.trustcloud.ai/.
TrustCloud (https://www.trustcloud.ai) empowers businesses to grow with predictive, programmatic GRC that earns customer trust. Predictive intelligence and programmatic verification ensure that companies meet their customer, audit, and governance commitments so they can stay secure and grow their business. With the fastest, most cost-effective way to get audit-ready, answer security questionnaires and manage risk, TrustCloud turns GRC into a profit center.
About the Cloud Awards
The Cloud Awards is an international program which has been recognizing and honoring industry leaders, innovators and organizational transformation in cloud computing since 2011. The awards are open to large, small, established and start-up organizations from across the entire globe, with an aim to find and celebrate the pioneers who will shape the future of the Cloud as we move into 2024 and beyond. Categories include the Software as a Service award, Most Promising Start-Up, and “Best in Mobile” Cloud Solution.
Winners are selected by a judging panel of international industry experts. For more information about the Cloud Awards and SaaS Awards, please visit https://www.cloud-awards.com/.
VP Marketing, TrustCloud