Alexandra91zk
New Contributor
- Joined
- Jul 26, 2019
- Messages
- 20
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User Power: 45%
Hello everyone.
I'm a privacy professional and my current occupation is to make sure my company complies with GDPR (new European Union regulation about privacy).
FYI, I'm European and this regulation only applies to EU companies. Hopefully you guys overseas can still give me your business feedback ☺
We use a software in my company that helps us comply with GDPR requirements, and that software is crap.
The leading gdpr compliance software also sucks, it's so complicated you have to do workshops to understand how that works.
I've been thinking of creating my own gdpr compliance software. I know exactly all that's needed and how to make it simple. As a privacy professional I have the skills, the knowledge and I know how to make it simple.
The market is big - every EU company has to be compliant so that's 28 countries. Also, that's a mandatory regulation so companies HAVE TO comply.
But here's the thing. GDPR has been around for more than a year now. Even if most EU companies are not totally compliant, they probably already have completed their obligations and used the existing softwares. Nobody wants to start this painful process all over again.
Therefore, I don't know if I should put time and energy to a software that only 30% of companies might use (apparently that's the percentage of companies that haven't started their gdpr compliance process yet as of today). The problem seems already solved
But yet existing softwares suck so much.
What do you guys think? Is it worth it to start a business to start solving a problem that might have already been solved - badly solved?
Thank you beforehand.
Alexandra
I'm a privacy professional and my current occupation is to make sure my company complies with GDPR (new European Union regulation about privacy).
FYI, I'm European and this regulation only applies to EU companies. Hopefully you guys overseas can still give me your business feedback ☺
We use a software in my company that helps us comply with GDPR requirements, and that software is crap.
The leading gdpr compliance software also sucks, it's so complicated you have to do workshops to understand how that works.
I've been thinking of creating my own gdpr compliance software. I know exactly all that's needed and how to make it simple. As a privacy professional I have the skills, the knowledge and I know how to make it simple.
The market is big - every EU company has to be compliant so that's 28 countries. Also, that's a mandatory regulation so companies HAVE TO comply.
But here's the thing. GDPR has been around for more than a year now. Even if most EU companies are not totally compliant, they probably already have completed their obligations and used the existing softwares. Nobody wants to start this painful process all over again.
Therefore, I don't know if I should put time and energy to a software that only 30% of companies might use (apparently that's the percentage of companies that haven't started their gdpr compliance process yet as of today). The problem seems already solved
But yet existing softwares suck so much.
What do you guys think? Is it worth it to start a business to start solving a problem that might have already been solved - badly solved?
Thank you beforehand.
Alexandra
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