I work in the Data Privacy and protection domain. You won't believe me if I said we are spending $M on BigId and OneTrust apps (including infra cost for on prem).
As an SME and power user of these apps I can tell you they are spreadsheets with CTA buttons that calls some APIs. Their AI, ML posturing are all marketing gimmicks. Doesn't work well.
Since they costs $$$ many privacy pros are asking for cheaper alternatives which not many seems to be available.
My ambition is to build a SaaS company that offers privacy app suite that is affordable and works much better.
My action plan:
Complete FIP (fellowship in Privacy from Iapp) n become an influencer. Am already networking with privacy pros.
I am learning Bubble development now
I know 1 is tough and 2 nd may be even tougher.. but this is my 2024 goals. I may fail but I need to give it a try
To build a SaaS business in a niche domain, what would you recommend I do? How would you do it.
I'd like to know about the features you plan to build. Is money the only factor that sets it apart, or are there other benefits for users?
Not only money.
BigId n OT has become an engineer's tool rather than Business user's.
After spending $100k+ company needs to hire engineers again to implement.
My idea is to keep it for privacy business users and decouple all engg parts to products/service teams
Bro I work in onetrust! You got good idea there but the thing is how will you do it? And how long it’ll take? This company evolved from 8 years. And more stable. But how r u planning to build such product with less money!! There’s an announcement from microsoft recently to bring a competitor for this lol. Its called Imperva. Check it out!! I agree that will be costlier too
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