The Future of Test Data Management: Why Synthetic Data is Your Competitive Edge
Find relevant information about Syntho and its team.
Founded in 2020, Syntho is an Amsterdam-based company revolutionizing the tech industry with AI-generated synthetic data. As the leading provider of synthetic data software, Syntho’s mission is to empower businesses worldwide to generate and leverage high-quality Synthetic Data at scale.
Syntho solves three main data access problems:
Syntho, through its Syntho Engine, is the leading provider of Synthetic Data software and is committed to enable businesses worldwide to generate and utilize high-quality Synthetic Data at scale. By making privacy-sensitive data more accessible and more rapidly available, Syntho enables organizations to accelerate the adoption of data-driven innovation. Accordingly, Syntho is winner of the prestigious Philips Innovation Award, Unesco’s Challenge at VivaTech and is listed as Generative AI startup “to watch” by NVIDIA. So, why use real data when you could use synthetic data?
More compliance costs for companies that lack privacy protection
More profits for companies that earn and maintain digital trust with customers
Increase in industry collaborations expected with use of privacy tools
Of population will have data privacy regulations in 2023, up from 10% today
Of training data for AI will be synthetically generated by 2024
Of customers trust their insurer to use their personal data
Of data for AI will be unlocked by privacy enhancing techniques
Of organizations have storage of personal data as biggest privacy risk
Of companies cite privacy as no. 1 barrier for AI implementation
Of privacy compliance tooling will rely on AI in 2023, up from 5% today
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