PHOENIX: BeyondTrust has announced record growth in 2015 with a significant revenue increase, hundreds of new customers, and strong profit margins. With 40 percent overall growth in its Privileged Access Management solutions, led by 400 percent growth with its PowerBroker Password Safe product, the company has extended its leadership position with the most comprehensive privileged access management (PAM) solution.
BeyondTrust welcomed over 450 new customers, and more than 700 existing customers expanded their BeyondTrust product licenses over the last year. The company hired well over 100 employees in 2015 to keep pace with market demands, and will continue investing in staff and resources in 2016.
In 2015, BeyondTrust helped organizations such as Miami International Holdings, the City of Memphis, University of California San Diego, GCI and Columbia Bank reduce insider risk and close external security gaps. These organizations join hundreds more, including Accenture, Auburn University, BMC Software, FSC, RWE Supply and Trading, and VCU Health System, who have invested in BeyondTrust to help protect their organizations.
Customers are seeing real, tangible benefits from using BeyondTrust solutions:
“BeyondTrust PowerBroker has enabled us to eliminate local admin rights to workstations and servers which has resulted in lower support calls and reduced risk to our environment.” - Loucas Parikos, IT Security Architect, RWE Supply & Trading
“BeyondTrust Retina has made our security lives pretty comfortable as it’s a one-stop solution for us; we scan, detect and patch vulnerabilities effortlessly. Kudos to BeyondTrust Retina.” – Saurabh Verma, Security Officer, BMC
“Given the types of attacks faced by organizations in 2015, we are seeing very strong demand for solutions that offer a truly integrated approach to reducing insider risk and external threats,” said Kevin Hickey, President and CEO, BeyondTrust. “Today’s security and IT teams demand the efficiency of a single solution encompassing all the critical components of privileged access management, rather than a patchwork of cobbled-together products or modules. BeyondTrust seamlessly unifies best-of-breed solutions for enterprise password management, server and endpoint privilege management, and vulnerability management with an unmatched reporting and analytics platform. That is what led to our explosive growth in 2015, and we look forward to accelerating our leadership position this year.”