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What opportunity does GDPR present?

  • 1.  What opportunity does GDPR present?

    TM Forum Member
    Posted Nov 27, 2017 13:18

    For EU Citizens, the GDPR is a chance to bring on regulations to ensure a more ethical society and to ensure that companies are respecting the personal data of citizens.  The personal data of citizens is often forgotten to be sacred because of the exponential growth of data and technology.  For companies and technologists, the GDPR presents a lot of challenges and the need to evaluate and change processes. 

    Dr. Baljit Sarpal also sees a silver lining to the GDPR.  He notes, in the digital world, if you have a trusted brand, chances are you're more likely to gain customer loyalty. How is a brand able to build on customer loyalty and trust? By ensuring that your organization is compliant. This is where GDPR presents a positive opportunity. GDPR rules also are forcing companies to become more data-centric, which will dramatically improve customer centricity.

    For those of you who are not a citizen of the EU here are several GDPR requirements worth acknowledging.

    Where does your GDPR stance land? Are you seeing an upside, or are you still lingering on the fence? Is personal data being threatened to a point where all this protection is needed?

    For more on this topic click here.



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    Melanie DiGeorge
    Community Manager
    TM Forum
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