- Website: https://thycotic.com/
- Company size (employees): 51-200
In 3 bullets, summarize why this company deserves recognition:
• Thycotic assures protection of privileged accounts while being the fastest to deploy, easiest to use, scalable enterprise-class solution offered at a competitive price
• Seventy-seven percent year-over-year growth and continued achievement of profitability
• With more than 250 registered channel partners, the company has increased the number of deals registered and revenue converted from those deals by over 1,000 percent
In less than 300 words, summarize the achievements of the company in the nominated category
Thycotic is one of the world’s fastest growing IT security companies, a provider of privileged account management (PAM) solutions for more than 7,500 organizations worldwide. The company achieved more than 200 new customers in the third quarter of 2016 alone and continues its growth trajectory with a 77 percent compound annual growth rate (CAGR) since Q3 2015. In addition to its sustained growth in global customers, Thycotic’s upward trend in the PAM industry is attributed to recent channel program successes, a record number of free product downloads (7,000) and the launch of its new Secret Server Cloud solution.