Recently, the global leader in CRM, Salesforce, announced the completion of Phennecs’ acquisition. Phennecs is a provider of privacy, compliance, and data management solutions built on the Salesforce platform.
With this, Phennecs and Salesforce are coming together after enjoying a multi-year OEM partnership with products co-developed and sold through Salesforce. And Salesforce is going to build trust by making it easier for its customers to build compliance in their data lifecycle with the help of Phennecs. Also, Salesforce would have built-in compliance functions to help developers manage data with security and privacy.
About Phennecs
Phennecs is a technology firm that helps transform sensitive information in Salesforce to increase security, compliance, and productivity.
With Phennecs, Salesforce would have an in-built solution for privacy and compliance that:
- Ensures Salesforce sandbox has adequate test data minus the crucial business information. Phennecs helps with a sophisticated application that is compliant with GDPR, PCI, CCPA, HIPAA, and other important privacy regulations.
- Phennecs also simplifies the privacy management for Salesforce sandboxes. You could automatically remove PI/PII in the Salesforce sandbox. This also enables you to populate data that you need to test and validate for critical sandbox work.
- Further, Phennecs’ interface is designed to be used by anyone. Thus, it will help Salesforce admins and developers to ensure that Salesforce sandboxes are anonymized with only clicks and no code.
- One only needs to configure the Phennecs solution in the production instance and make everything easier, starting with replicating and reducing the time that was spent on handling the data privacy in Salesforce.
Wrap Up
As of now, we don’t know how much it exactly cost Salesforce to acquire Phennecs. However, we will quickly get back once we get information about it. This Sandbox privacy startup will surely help Salesforce boost its efforts in security and compliance. Phennecs offers privacy across the Salesforce platform in Sandbox environments.
We hope that you liked this update from the Salesforce world. If you are looking forward to getting started with Salesforce for your business, then get in touch. Our expert Salesforce developers are eager to talk about your business.
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