Mission Statement, Vision, & Core Values (2024) of CyberArk Software Ltd. (CYBR)

Mission Statement, Vision, & Core Values (2024) of CyberArk Software Ltd. (CYBR)

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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 Overview

CyberArk's vision focuses on privileged access security and identity protection in enterprise environments.

Key Vision Components

Global Cybersecurity Leadership

CyberArk 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
Market Expansion Strategy

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 Framework

CyberArk'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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