Thycotic Ends 2018 with Record-Setting Quarter

Thycotic, provider of privileged access management (PAM) solutions for more than 10,000 organizations worldwide, today announced that it has ended a stellar 2018, outperforming 2017 with a 45 percent year-over-year sales growth. In addition to its sales growth, Thycotic also added 285 new customers in Q4 alone and 858 for 2018 overall. In addition to its on-premise enterprise-class PAM solution, Thycotic’s focus in providing a cloud PAM option to its customers has contributed to its success which allows users to reduce regulatory compliance burdens and meet requirements to keep data in their home region.

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