Company singled out for having the highest level of functionality and best strategic vision among its competitor peer group within the market
Smarsh, the industry leader in enabling organizations to easily manage risk and uncover the value within their communications data, announced that The Radicati Group has named the company a Top Player in its 2022 Information Archiving Market Quadrant Report.
The Radicati Group report ranks top industry vendors based on a quadrant system: Top Players, Trail Blazers, Specialists and Mature Players. Smarsh placed highest (level of functionality) and furthest to the right (best strategic vision) within the quadrant. Overall, it was the 12th consecutive year Smarsh was named a Top Player in the report.
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“We’re delighted by the Radicati Group’s findings and honored to be named as the Top Player in its most recent report,” said Brian Cramer, CEO of Smarsh. “As businesses across the globe continue to embrace hybrid work models, the need to capture communications data and archive it is sure to evolve even further in the years to come. Customers can take comfort in the fact that Smarsh can help protect their reputations and meet regulatory responsibilities using our innovative, future-proof, data-rich solutions.”
The acquisition of Digital Safe and the integration of Digital Reasoning artificial intelligence and machine learning capabilities into the Smarsh portfolio were cited as the main drivers behind the unmatched performance in the report.
This is the latest in a growing number of industry recognitions for Smarsh. The company has recently been included in many high-profile lists spotlighting top industry performers, including the RegTech100, the Deloitte Technology Fast 500, the WealthTech 100, the Inc. 5000, and as a leader in the Gartner Magic Quadrant for Enterprise Information Archiving.
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“Smarsh is clearly one of the leaders in the Information Archiving market,” said Sara Radicati, the President & CEO of the Radicati Group. “The company’s ability to provide archiving support for a broad range of content and to partner with firms of all sizes are key differentiators.”
Smarsh offers digital communications retention and oversight solutions for regulated organizations of all sizes, ranging from U.S. state and local agencies to insurance companies to small financial firms and 9 of the 10 largest banks in the world. Customers can leverage Smarsh intelligent solutions for compliance, supervision, surveillance, and e-discovery, among other use cases, and analyze all their communications data so they can spot regulatory and reputational risks sooner.