Permutable AI rank companies perceived for data security in 2024

As the world eagerly awaits Data Privacy Day on January 28th, Permutable AI, a leading AI-driven business intelligence provider, unveils its latest revelations on the perceived data security of top and bottom-ranking software companies. Leveraging advanced AI technology, Permutable AI conducted an extensive news sentiment analysis to gauge the nuanced public sentiments surrounding data security.

In an era dominated by digital transformation, the critical relationship between data privacy and data security takes center stage. While data privacy shields personal information, data security focuses on upholding the confidentiality, integrity, and availability of data. A breach in data privacy can reverberate, compromising sensitive information and triggering severe consequences for individuals and companies alike.

In anticipation of Data Privacy Day, Permutable AI presents a comprehensive breakdown of the top 10 and bottom 10 software companies based on perceived data security, including factors such as news sentiment, social sentiment, and other relevant metrics.

Top 10 software companies perceived for data security

Rank

Company Name

Average Sentiment Score

Positive Data Points

Negative Data Points

Overall Data Score 

1

Microsoft

0.27

1365

783

588.16

2

VMware

0.7

193

33

158.47

3

SAP

0.77

180

21

155.48

4

Salesforce.com

0.53

174

53

119.21

5

Oracle 

0.46

187

68

118.28

6

Tech Mahindra 

0.97

115

1

113.03

7

Splunk 

0.85

112

8

102.15

8

Cloudflare 

0.54

125

37

87.95

9

Snowflake

0.9

87

4

81.77

10

ServiceNow

0.96

80

1

77.44

 

Bottom 10 software companies perceived for data security

Rank

Company Name

Average Sentiment Score

Positive Data Points

Negative Data Points

Overall Data Score 

1

Zoom Video Communications

-0.22

23

36

-12.77

2

Intuit 

-0.47

8

22

-14.01

3

Activision Blizzard 

-0.63

5

23

-17.51

4

Palantir Technologies

-0.36

16

34

-17.93

5

Electronic Arts 

-0.87

1

22

-19.98

6

Fiserv 

-0.68

9

49

-39.27

7

Citrix Systems

-0.41

31

79

-44.79

8

Twilio

-0.64

13

67

-51.3

9

Atlassian 

-0.83

7

100

-88.44

10

NetEase 

-0.36

87

191

-99.81

Key data security perception findings

  • Microsoft maintains a leading position with a robust sentiment and volume-based reflecting enduring public trust in the company’s commitment to data security.
  • NetEase surprises with a bottom-ranking negative sentiment and volume-based score, prompting inquiries into the unexpected public perception regarding its data security due to data breaches, lack of transparency, and government surveillance.
  • Tech Mahindra stands out with a robust sentiment and volume-based score, indicating strong positive public perception and recognition for its efforts in data security. Compared to some competitors, Tech Mahindra’s transparent, compliant, and secure data handling practices, reinforced by audits and user-centricity, contributes to its strong perception on data privacy.
  • Palantir Technologies low sentiment score stems from its opaque products, government and military contracts, privacy controversies and lack of independent audits.
  • Despite its pandemic-driven popularity, Zoom Video Communications faces unexpected negative sentiment and volume-based score, revealing complexities in public perception. This is due to past security lapses, unclear policies, data sharing, and surveillance concerns fuelling poor perception on data privacy.
  • Atlassian experiences a notable negative sentiment and volume-based score suggesting challenges in public perception and raising considerations for its data security practices.  Data breaches, unclear policies, third-party app integrations, limited data control, and past controversies mar Atlassian’s data privacy perception.

Wilson Chan, Permutable AI CEO, shares his perspective:

“Data security is the cornerstone of trust in the digital age, and at Permutable AI, we’re committed to empowering businesses with the intelligence needed to safeguard this trust. Our mission goes beyond insights; it’s about reshaping the landscape of responsible corporate practices, contributing to a future where data security and ethical business conduct are standard, not just choices.”

Methodology

Permutable AI employs its in-house software to extract global news related to companies in its database. Sourcing from 500,000 worldwide articles scanned daily since 2020, the news is meticulously selected based on Permutable’s proprietary taxonomy. This approach evaluates the specific companies’ involvement in global issues.

The proprietary AI tool, fortified with natural language processing, verifies if an article discusses a specific company and its actions within an ESG sector. Additionally, Permutable integrates AI sentiment analysis to determine whether relevant sentences from an article portray the company positively, neutrally, or negatively concerning its corporate responsibilities.

Request more granular data

Looking for more granular details on our latest data security revelations? Whether it’s specific company queries or nuanced insights you seek, drop us a line at enquiries@permutable.ai or fill in our Contact Us form below – because empowering yourself with precision starts with the right questions. Uncover the layers beneath the rankings; act now to shape a future where data security is not just a priority but a well-defined standard.

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