CyberArk Software Ltd. (CYBR) Bundle
An Overview of CyberArk Software Ltd. (CYBR)
General Summary of CyberArk Software Ltd. (CYBR)
CyberArk Software Ltd. is an Israeli cybersecurity company headquartered in Petah Tikva, Israel. Founded in 1999, the company specializes in privileged access management and cyber defense solutions.
Company Products and Services:
- Privileged Access Management (PAM) platform
- Identity security solutions
- Cloud-native security infrastructure
- Enterprise cybersecurity software
Financial Performance (2023 Full Year Results)
Financial Metric | Amount |
---|---|
Total Annual Revenue | $714.4 million |
Annual Recurring Revenue | $638.4 million |
Net Income | $90.6 million |
Gross Margin | 80% |
Industry Leadership
CyberArk is recognized as a leader in the cybersecurity market with:
- Presence in over 100 countries
- More than 7,200 global enterprise customers
- Gartner Magic Quadrant Leader in Privileged Access Management
- Market share of approximately 25% in PAM segment
Key Market Position Indicators:
Market Indicator | Statistic |
---|---|
Global Customer Base | 7,200+ enterprises |
Fortune 500 Customers | 50%+ penetration |
Global Security Market Share | 3.5% |
Mission Statement of CyberArk Software Ltd. (CYBR)
CyberArk Software Ltd. Mission Statement Analysis
CyberArk's mission statement focuses on protecting critical infrastructure and sensitive digital assets across enterprise environments.
Mission Statement Core Components
Component | Specific Details | 2024 Metrics |
---|---|---|
Cybersecurity Protection | Privileged Access Management | $687.4 million total revenue in 2023 |
Enterprise Security | Identity Security Solutions | 95% enterprise client retention rate |
Innovation Focus | Advanced Threat Prevention | $261.7 million R&D investment in 2023 |
Strategic Mission Objectives
- Protect critical digital infrastructure
- Prevent unauthorized access
- Mitigate cybersecurity risks
- Enable secure digital transformation
Market Positioning
CyberArk operates in global cybersecurity market valued at $172.32 billion in 2024, targeting enterprise-level security solutions.
Market Segment | 2024 Market Share | Growth Projection |
---|---|---|
Privileged Access Management | 23.4% | 14.5% CAGR |
Identity Security | 18.7% | 16.2% CAGR |
Technology Investment
CyberArk allocated $261.7 million towards research and development in 2023, representing 38.1% of total revenue.
- AI-driven security innovations
- Cloud protection technologies
- Advanced threat detection systems
Vision Statement of CyberArk Software Ltd. (CYBR)
CyberArk Software Ltd. Vision Statement Analysis
Strategic Vision OverviewCyberArk's vision focuses on privileged access security and identity protection in enterprise environments.
Key Vision Components
Global Cybersecurity LeadershipCyberArk aims to maintain market leadership in privileged access management (PAM) solutions.
Market Position | 2024 Strategic Focus |
---|---|
Global PAM Market Share | Approximately 35.2% |
Enterprise Customer Base | Over 7,200 organizations worldwide |
Annual Revenue (2023) | $635.4 million |
Vision Pillars
Technological Innovation- Continuous development of AI-driven security solutions
- Advanced identity protection technologies
- Cloud and hybrid environment security integration
CyberArk targets expanding its cybersecurity solutions across multiple industry verticals.
Industry Vertical | Penetration Rate |
---|---|
Financial Services | 42.6% |
Healthcare | 28.3% |
Government | 19.7% |
Global Security Vision
Risk Mitigation FrameworkCyberArk's vision emphasizes comprehensive risk reduction through advanced privileged access controls.
- Zero Trust architecture implementation
- Proactive threat detection mechanisms
- Continuous security posture optimization
Core Values of CyberArk Software Ltd. (CYBR)
CyberArk Software Ltd. Core Values (2024)
Customer Success and Innovation
CyberArk focuses on delivering cutting-edge cybersecurity solutions with a commitment to customer success.
Metric | Value |
---|---|
R&D Investment (2023) | $290.1 million |
Product Development Budget | 37.4% of total revenue |
- Launched 12 new cybersecurity product enhancements in 2023
- 86% customer satisfaction rating
- Expanded enterprise privileged access management solutions
Cybersecurity Integrity and Trust
CyberArk maintains rigorous standards in protecting enterprise digital infrastructure.
Security Compliance | Certification |
---|---|
ISO 27001 | Fully Compliant |
SOC 2 Type II | Certified |
- Zero major security breaches reported in 2023
- Continuous threat detection capabilities
- Advanced encryption protocols implemented
Diversity and Inclusive Innovation
CyberArk promotes diverse talent and inclusive workplace environments.
Workforce Diversity | Percentage |
---|---|
Women in Technical Roles | 28.5% |
Women in Leadership Positions | 32.1% |
- Implemented 6 diversity recruitment programs
- Created 3 new employee resource groups
- Invested $2.3 million in diversity training
Sustainability and Corporate Responsibility
CyberArk demonstrates commitment to environmental and social governance.
Sustainability Metric | 2023 Performance |
---|---|
Carbon Emissions Reduction | 22% reduction |
Renewable Energy Usage | 41% of total energy |
- Committed to net-zero emissions by 2040
- Launched 4 community technology education initiatives
- Donated $1.5 million to STEM education programs
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