WASHINGTON, Jan. 16, 2018 /PRNewswire/ -- Thycotic, a provider of privileged account management (PAM) solutions for more than 7,500 organizations worldwide, has ended an epic 2017, outperforming previous years by ending with 60 percent year-over-year sales growth. In addition to this incredible growth, in Q4 alone, the company added more than 160 new customers. Thycotic's continued success is attributed to continued recognition for enterprise-class PAM products that deliver immediate value, superior customer satisfaction, and a consistent addition of new customers seeking technologies to keep their privileged accounts safe from cyber-attacks.
"Every year I see the growth that our company has achieved and think it is the best yet," said James Legg, President and CEO. "I am consistently in awe by how much we are able to accomplish in just 12 months and the growth we are seeing is astonishing. With a sales growth of 60 percent in 2017, I only see this as continued motivation for my team to bring forth the innovation in cybersecurity that is much needed in a world full of cyber criminals trying to steal privileged accounts."
Highlights of Thycotic's overall 2017 performance include:
Thycotic, a global leader in IT security, is the fastest growing provider of Privilege Management solutions that protect an organization's most valuable assets from cyber-attacks and insider threats. Thycotic secures privileged account access for more than 7,500 organizations worldwide, including Fortune 500 enterprises. Thycotic's award winning Privilege Management Security solutions minimize privileged credential risk, limits user privileges and controls applications on endpoints and servers. Thycotic was founded in 1996 with corporate headquarters in Washington, D.C. and global offices in the U.K. and Australia. For more information, please visit www.thycotic.com.
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