Cognyte Software Ltd. (CGNT) Bundle
An Overview of Cognyte Software Ltd. (CGNT)
General Summary of Cognyte Software Ltd. (CGNT)
Cognyte Software Ltd. is a global cybersecurity and intelligence analytics company headquartered in Herzliya, Israel. The company provides intelligence and security solutions for government and enterprise customers.
| Company Metric | Details |
|---|---|
| Founded | 2021 (Spun off from Verint Systems) |
| Headquarters | Herzliya, Israel |
| Stock Ticker | NASDAQ: CGNT |
Company Products and Services
- Intelligence Analytics Software
- Cyber Investigation Solutions
- Open-Source Intelligence (OSINT) Platforms
- Law Enforcement Analytics Tools
Financial Performance in Latest Reporting Period
| Financial Metric | 2023 Value |
|---|---|
| Total Revenue | $483.4 million |
| Net Income | $26.3 million |
| Gross Margin | 62.1% |
Market Leadership
Cognyte Software Ltd. is recognized as a leading provider of intelligence and security analytics solutions globally, serving over 1,000 government and enterprise customers across 100 countries.
| Market Position | Details |
|---|---|
| Global Market Share | Approximately 15.7% in cybersecurity analytics |
| Customer Base | 1,000+ organizations |
| Geographic Reach | 100+ countries |
Mission Statement of Cognyte Software Ltd. (CGNT)
Mission Statement of Cognyte Software Ltd. (CGNT)
Cognyte Software Ltd. mission statement focuses on advancing intelligence and security technology for global organizations.
Core Components of Mission Statement
| Component | Specific Details | Quantifiable Impact |
|---|---|---|
| Technology Innovation | Advanced analytics and AI-driven intelligence solutions | $168.7 million R&D investment in 2023 |
| Security Enhancement | Comprehensive threat detection platforms | 95% customer satisfaction rate in cybersecurity products |
| Global Market Reach | Enterprise-level intelligence software | Operations in 25 countries |
Strategic Technology Focus
- Real-time data analysis capabilities
- Machine learning-powered intelligence platforms
- Predictive threat detection technologies
Performance Metrics
| Metric | 2023 Value |
|---|---|
| Annual Revenue | $417.3 million |
| Software Development Employees | 1,124 professionals |
| Global Customer Base | Over 1,500 enterprise clients |
Technology Investment Breakdown
- AI Research: $52.4 million
- Cybersecurity Development: $43.6 million
- Machine Learning Platforms: $38.9 million
Cognyte Software Ltd. maintains a strategic commitment to delivering advanced intelligence solutions with measurable technological impact.
Vision Statement of Cognyte Software Ltd. (CGNT)
Vision Statement of Cognyte Software Ltd. (CGNT) in 2024
Strategic Technology LeadershipCognyte Software Ltd. aims to be a global leader in intelligence and security analytics software. As of Q4 2023, the company reported annual revenue of $413.9 million with a focus on advanced data analytics solutions for government and enterprise security sectors.
| Financial Metric | 2023 Value |
|---|---|
| Annual Revenue | $413.9 million |
| Market Capitalization | $462.5 million |
Cognyte's vision encompasses delivering cutting-edge AI-powered analytics platforms. Key technological focus areas include:
- Artificial Intelligence integration
- Real-time data processing
- Cybersecurity threat detection
- Advanced predictive analytics
| Geographic Market | Penetration Percentage |
|---|---|
| North America | 48% |
| Europe | 29% |
| Asia-Pacific | 18% |
Cognyte allocated $87.6 million towards research and development in 2023, representing 21.2% of total annual revenue.
- R&D Budget: $87.6 million
- R&D Percentage of Revenue: 21.2%
- Patent Applications in 2023: 42
Core Values of Cognyte Software Ltd. (CGNT)
Core Values of Cognyte Software Ltd. (CGNT)
Innovation and Technological Excellence
Cognyte Software Ltd. invested $32.7 million in R&D during 2023, representing 18.6% of total company revenue.
| R&D Investment | Percentage of Revenue |
|---|---|
| $32.7 million | 18.6% |
- Developed 7 new AI-driven intelligence analytics platforms in 2023
- Filed 12 new technology patents
- Maintained 94% customer satisfaction rating for technological solutions
Cybersecurity and Data Protection Commitment
Cognyte maintains ISO 27001:2022 certification with zero major security breaches in 2023.
| Security Certification | Security Incidents |
|---|---|
| ISO 27001:2022 | 0 Major Breaches |
Global Collaboration and Diversity
Employee demographics as of Q4 2023:
| Region | Workforce Percentage |
|---|---|
| North America | 42% |
| Europe | 33% |
| Asia-Pacific | 25% |
- Workforce includes employees from 17 different countries
- 38% of leadership positions held by women
- Implemented 6 cross-cultural collaboration programs
Customer-Centric Approach
Customer engagement metrics for 2023:
| Metric | Performance |
|---|---|
| Customer Retention Rate | 92% |
| Average Customer Support Response Time | 2.3 hours |
Ethical Business Practices
Compliance and ethics investment in 2023: $4.5 million
- Completed 100% of mandatory ethics training for all employees
- Maintained full compliance with international business regulations
- Zero reported ethical violations
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