Strong Revenue Growth:
Revenue is considered to have risen meaningfully in 2023, with independent estimates indicating ARR increased versus the prior year. This provides concrete historical support for growth, even if current figures are not audited.
Market Expansion:
The company is active across more than 160 countries and is investing in infrastructure such as a dedicated India data center. Acquisitions and an operational hub in Brazil signal deeper regional build-out in APAC and Latin America.
Product Line Growth:
New capabilities such as Agentic IAM and acquisitions (e.g., VaultOne, Breez, Resmo) expanded into PAM, identity threat detection, and SaaS/asset management. A collaboration with Google Cloud further supports expansion into enterprise AI security use cases.