CyberArk, the global leader in Identity Security, announced strong financial results for the fourth quarter and full year ended December 31, 2022. The company's subscription portion of Annual Recurring Revenue (ARR) was $364 million, an increase of 99% YoY, and total ARR of $570 million, an increase of 45%. Its subscription revenue for the full year 2022 was $280.6 million, an … [Read more...] about CyberArk’s financial performance for the full year 2022 was strong, with CyberArk’s competitive position stronger than ever
Cybersecurity
The Rise of China’s Globalizing Startups: A Growing Cyberthreat
In recent years, China has seen a surge in the number of globalizing startups, offering innovative and cost-effective technology solutions to the market. While these startups may seem like a boon for the technology industry, they could actually pose a significant cyberthreat to US cloud giants. These startups have been able to offer low-cost and innovative technology solutions, … [Read more...] about The Rise of China’s Globalizing Startups: A Growing Cyberthreat
Forrester Forecasts AI Software Will Grow 50% Faster Than The Overall Software Market
Cybersecurity is the fastest growing AI software category; 72% of the global AI spend will come from the US and China CAMBRIDGE, Mass., Oct. 4, 2022 - Forrester (Nasdaq: FORR) forecasts that AI software will grow 50% faster than the overall software market over the next two years, with an annual growth rate of 18%. The spend on AI software will double from $33 billion in … [Read more...] about Forrester Forecasts AI Software Will Grow 50% Faster Than The Overall Software Market
