Thycotic Leaps Past CyberArk and Other Competitors in Cybersecurity 500 Rankings
Written by Jordan True August 10th, 2016
Secret Server Solution Leads Way in Privileged Account Management Solutions Market
We are thrilled to announce that we’ve ranked No. 18, ahead of companies such as CyberArk and ManageEngine on Cybersecurity Ventures’ Cybersecurity 500 list of 2016. This marks our third consecutive time moving up in the rankings. Cybersecurity Ventures is a market intelligence and research firm covering the cybersecurity market, focusing on emerging and startup cybersecurity companies.
Thycotic’s move ahead of CyberArk and the rest of the privileged access security sector was based on two things: market traction and best-in-class products.
According to Cybersecurity Ventures, the Cybersecurity 500 list ranks the most innovative companies in the industry. Thycotic’s Secret Server solution automatically detects privileged accounts across the enterprise and helps IT professionals visualize the resulting compliance gaps and security vulnerabilities. This automated process reduces the time-consuming and error-prone task of manually tracking and updating privileged credentials, thereby decreasing IT operational costs. This enhanced visibility significantly improves the security posture of organizations and facilitates adherence to rigorous audit and compliance standards.
“Buyers need simplicity from their security software solutions and Thycotic’s customers get a chance to see the value from our solution from day one,” said James Legg, CEO at Thycotic. “We’re thrilled to continually innovate in this market and the Cybersecurity 500 rankings validate that our PAM solution is industry-leading.”
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