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The Lockdown

Thycotic’s Cyber Security Blog

Thycotic’s Record-Breaking Growth Continues in Q1 2019

Written by Jordan True

April 11th, 2019

WASHINGTON, D.C., April 11, 2019 — Thycotic, a provider of privileged access management (PAM) solutions to 10,000 organizations worldwide, today announced that it has ended its Q1 of 2019 with a historic 643 percent year-over-year growth for cloud sales. The spike in cloud adoption was driven by strong product adoption, analyst recognition, high-customer satisfaction and Thycotic’s innovative Secret Server Cloud solution.

“Not many companies can talk about their growth in cloud in such a way that Thycotic can, which is backed by a strong close to our quarter,” said James Legg, president and CEO of Thycotic. “The reality is, Thycotic customers fully trust Thycotic’s PAM cloud solution to protect access to their most sensitive assets across their business. We pride ourselves on the growing number of organizations that fully utilize Secret Server Cloud in comparison to our competitors.”

In addition to its achievement in cloud sales, Thycotic has also seen an overall success in its year-over-year sales in Q1 2019.

Additional highlights from the company include:


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