Meeco Recognised for Personal Data in Identity Industry
Meeco announces move from R&D to Q2 2020 planned release of a range of new personal data and identity products. The range of new services will include a Developer Portal with access to Meeco’s API Platform, together with a Verified Claims Wallet. Both new products are designed to support enterprise and developers to rapidly prototype personal data use-cases, validate customer value and minimise investment risk ahead of deploying data compliant solutions.
This update builds on the One World Identity (OWI) announcement in November 2019, recognising Meeco as a leader in Personal Identity Products, and featured in the annual Identity Landscape Map.
OWI is a market intelligence and strategy firm focused on identity, trust, and the data economy. Each year, OWI designs an Identity Landscape, providing a comprehensive and holistic view of leaders in the identity space. As the identity industry is rapidly developing, OWI’s landscape provides an unparalleled overview of how digital identity applications are evolving and the companies and markets shaping next-generation digital identity.
With over 400 companies and 35 market segments, the 2019 Identity Landscape visually depicts a growing and maturing industry. The new, unique landscape format allows companies to touch multiple market segments, reflecting on the dynamic nature of digital identity applications. The OWI team selected 415 identity companies from a pool of over 2,000 based on several factors.
- Each company must be an identity company OR have a distinguishable line of business focused on identity.
- Each company must be at least 3 years old or have raised $3 million.
- Each company must have a functioning product in the market.
“Since 2017, the number of identity companies has more than quadrupled, from 500 companies to over 2,000,” said Travis Jarae, CEO and Founder of OWI. “With the wave of data breaches and privacy scandals, there is a rapid expansion of identity products and solutions. The OWI team interacts with identity companies every day, from startups to enterprise. We’re proud to share the Identity Landscape each year to distill how new companies, products, and solutions are shaping the future of identity.”
Meeco has been recognized as a leader in Personal Identity Products. Meeco is a GDPR compliant multi-sided personal data platform to offer personalised solutions and channels to build trust. Organisations can incorporate Meeco’s secure data enclave inside existing applications to create value for customers by simplifying onboarding and personalising experiences. This balance of Me2B and B2Me, enabling new privacy enhanced business models to emerge, is core to Meeco’s unique position in the emerging personal data market.
Digital identity is the core of digital transformation. From personal to professional applications, identity is the foundation for how we connect, engage, and interact in the digital economy. As there is increasing consumer demand for privacy and security, digital identity is no longer a nice-to-have; it is a pillar of success. The OWI Identity Landscape is a tool to help companies keep track of market growth and trends and understand the strategic importance of digital identity moving into 2020 and beyond. OWI will be releasing a more detailed research report delving into the details of each market segment and how companies within the industry overlap and intersect in upcoming months.
About Meeco: Meeco has been at the forefront of the emerging personal data economy since 2012, having developed an award-winning personal data sharing platform and Consent Engine for GDPR compliance. Meeco enables customers to aggregate personal data across their life, including identity, financial, social, health and IoT then share it directly with the people and organisations they trust.
Meeco was featured in the Personal Identity Products category of the OWI Map, however Meeco’s services are extending into other parts of the landscape, for example the provision of “secure data enclaves” through their Microsoft partnership and European data sovereignty solutions.
We’re proud to be featured alongside Mastercard, Apple and Visa” says founder Katryna Dow “as this demonstrates the place we have carved in the market since founding the company in 2012. Black Swan events such as CORVID-19 demonstrate how increasingly critical it is to be able to access verified personal and public data. We believe enabling citizens and customers to participate directly and transparently creates a faster path to trust. In turn, this approach results in service providers being better equiped to deploy vital personalised services such as healthcare, education and financial help.”
Meeco is taking registrations for early access to the Developer Portal and will post relevant announcements through April 2020.
About OWI: OWI is a market intelligence and strategy firm focused on identity, trust, and the data economy. Through advisory services, events and research, OWI helps a wide range of public and privately held companies, investors and governments stay ahead of market trends, so they can build sustainable, forward-looking products and strategies. OWI was founded in 2015 and is the host of the KNOW Identity Conference that was scheduled to take place in Vegas in April, but will now take place later in 2020.