GDPR Readiness Survey for Software and SMEs

Why Did We Bother?

Data We Collected

  • 1–250 employee companies.
  • Worldwide locations, but operate in the EU or store EU citizens’ data.
  • We opted for quantitative & qualitative data.
  • We combined open ended questions with multiple answer questions.
  • We investigated the biggest challenges SME and software companies faced in being GDPR compliant.
  • We offered different aspects of GDPR requirements and requested respondents mark with which they comply with and leave blank those that they do not comply with.
  • The respondent’s annual budget for compliance efforts.

What Did We Find?

So how many companies were GDPR compliant?

What were our respondents reasons for lack of GDPR compliance?

Of those that were compliant, what steps had they taken?

Software was the name of the game

GDPR Readiness Key Statistics

  • More than 52% of the companies surveyed think they are GDPR complaint (according to our GDPR Readiness Survey).
  • The two biggest reasons for investing in compliancy was the fear of lawsuits and meeting customer expectations.
  • 38% of companies think that the law is too complicated.
  • All customers have updated their privacy policy documentation in line with GDPR.
  • Privacy Policy and Cookie Consent documents are compiled using third party software tools instead of internally for the majority of respondents.

Appendix:

What is the employee count of your company?
Employee Size (GDPR Readiness Survey Question 1)
Where is your headquarter based?
Geographic Presence (GDPR Readiness Survey Question 2)
Do you get external help for the GDPR?
External vs Internal Help (GDPR Readiness Survey Question 3)
Which department is leading/responsible for your GDPR efforts?
Department Role in the GDPR (GDPR Readiness Survey Question 4)
Which of the following best describes your state of GDPR compliance?
Current State of GDPR Compliance (GDPR Readiness Survey Question 5)
What were your reasons for investing in GDPR compliance?
Reasons to invest in the GDPR (GDPR Readiness Survey Question 6)
What is the biggest challenge about the GDPR?
Biggest Challenge in the GDPR (GDPR Readiness Survey Question 7)
Please choose the key requirements you have already executed:
GDPR Requirements Executed (GDPR Readiness Survey Question 8)
Please choose the key requirements you have already executed with a software service:
GDPR Execution with a Software (GDPR Readiness Survey Question 9)
GDPR Budget Distribution
Annual Budget for the GDPR in SMEs (GDPR Readiness Survey Question 10)
What was the impact of GDPR Compliance?
Impact of the GDPR (GDPR Readiness Survey Question 11)
Now that the 25th May GDPR deadline has passed, how will the data privacy management change at your company?GDPR Readiness Survey Question
GDPR Importance after 25th May (GDPR Readiness Survey Question 12)
Do you plan to increase investment in technology and tools to support your ongoing GDPR compliance efforts? GDPR Readiness Survey Question
Investment in technology for the GDPR compliance efforts (GDPR Readiness Survey Question 13)

--

--

--

Entrepreneur & Growth Marketing Consultant. More info: aazarshad.com

Love podcasts or audiobooks? Learn on the go with our new app.

Recommended from Medium

Launch of Follow-On Preferred Equity Offering for World’s First Tax-Exempt Global Digital Bank

Conversations at the Skoll World Forum

Adam Neumann’s Era of Excess and Eccentricity Is Over at WeWork

How to run your business in this pandemic?

AlphaRank Merger Monitor — October 2020

Essential Skills For Business Development

Skills for a Business Development by Adam Winston James

ARE FREQUENT FLYER SPIN-OFFS DEAD?

Tech bubble bursting? Possibly. Here’s how to survive as a PropTech firm.

Get the Medium app

A button that says 'Download on the App Store', and if clicked it will lead you to the iOS App store
A button that says 'Get it on, Google Play', and if clicked it will lead you to the Google Play store
Aazar Ali Shad

Aazar Ali Shad

Entrepreneur & Growth Marketing Consultant. More info: aazarshad.com

More from Medium

The Project Manager’s “Predator Helmet”: Nine diagnostic filters

Benefits of Using AWS Alternative APIs for Building Your Products and Business

Low Code: Using Custom Connectors in Power Apps to pull data from existing APIs

Error Faced while registering Plugin in On-premise CRM