Netwrix shows accelerated growth driven by market demand for visibility and control across IT environments
Irvine, CA, November 14, 2017
Netwrix Corporation, provider of a visibility platform for user behavior analysis and risk mitigation in hybrid environments, today announced it has been recognized as one of the 500 fastest growing technology, media, telecommunications, life sciences and energy tech companies in North America on Deloitte’s Technology Fast 500™ list.
Technology Fast 500 award winners were selected based on percentage fiscal year revenue growth from 2013 to 2016. Netwrix demonstrated 140% growth during this period, which can be attributed to increasing market demand for solutions that provide visibility into IT environments and help organizations mitigate cyber threats.
"The Deloitte 2017 North America Technology Fast 500 winners underscore the impact of technological innovation and world class customer service in driving growth, in a fiercely competitive environment," said Sandra Shirai, vice chairman, Deloitte Consulting LLP and U.S. technology, media and telecommunications leader. "These companies are on the cutting edge and are transforming the way we do business. We extend our sincere congratulations to all the winners for achieving remarkable growth while delivering new services and experiences for their customers."
"It is a great honor for us to be ranked in this prestigious list," said Michael Fimin, CEO and Co-founder of Netwrix. "As cyber attacks become more and more sophisticated, our mission is to deliver visibility across all levels of the IT infrastructure to help organizations take prompt action against malicious activity and keep their critical assets secure. It is very satisfying to see the adoption of our technology growing. We will continue to develop Netwrix Auditor in accordance with the burning customer demand for help in tackling cybersecurity challenges.
Deloitte’s Technology Fast 500 provides a ranking of the fastest growing technology, media, telecommunications, life sciences and energy tech companies — both public and private — in North America. In order to be eligible for Technology Fast 500 recognition, companies must own proprietary intellectual property or technology that is sold to customers in products that contribute a majority of the company's operating revenues. Companies must have base-year operating revenues of at least $50,000 USD and current-year operating revenues of at least $5 million USD. Additionally, companies must have been in business for a minimum of four years and be headquartered in North America.
Netwrix Corporation was the first vendor to introduce a visibility and governance platform for hybrid cloud security. More than 160,000 IT departments worldwide rely on Netwrix to detect insider threats on premises and in the cloud, pass compliance audits with less effort and expense, and increase productivity of IT security and operations teams. Founded in 2006, Netwrix has earned more than 100 industry awards and been named to both the Inc. 5000 and Deloitte Technology Fast 500 lists of the fastest growing companies in the U.S. For more information, visit www.netwrix.com
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