Mission Statement, Vision, & Core Values (2024) of Tenable Holdings, Inc. (TENB)

Mission Statement, Vision, & Core Values (2024) of Tenable Holdings, Inc. (TENB)

US | Technology | Software - Infrastructure | NASDAQ

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An Overview of Tenable Holdings, Inc. (TENB)

General Summary of Tenable Holdings, Inc.

Tenable Holdings, Inc. is a cybersecurity company headquartered in Columbia, Maryland. Founded in 2002, the company specializes in vulnerability management and cyber exposure solutions.

Products and Services

  • Nessus vulnerability scanner
  • Tenable.io cloud-based vulnerability management platform
  • Tenable.sc enterprise vulnerability management solution
  • Tenable.ad for Active Directory security

Company Financial Performance

Financial Metric 2023 Value
Total Revenue $715.9 million
Annual Recurring Revenue $687.1 million
Net Income $48.2 million

Market Position

Tenable is recognized as a leader in the cybersecurity vulnerability management market, with the following key metrics:

  • Over 40,000 organizations worldwide use Tenable solutions
  • Covers 250+ operating systems, applications, and devices
  • Scans more than 300 million assets globally

Industry Leadership

Recognition Details
Gartner Magic Quadrant Leader in Vulnerability Assessment
Market Share Approximately 30% of vulnerability management market



Mission Statement of Tenable Holdings, Inc. (TENB)

Mission Statement of Tenable Holdings, Inc. (TENB)

Tenable Holdings, Inc. mission statement focuses on cybersecurity leadership and comprehensive vulnerability management solutions.

Core Mission Components

Mission Focus Cybersecurity Risk Management
Primary Objective Continuous Vulnerability Detection and Remediation
Market Position Global Cybersecurity Leader

Strategic Mission Elements

  • Provide enterprise-wide vulnerability management platform
  • Enable continuous cyber exposure assessment
  • Deliver advanced security analytics

Quantitative Mission Metrics

Annual Revenue (2023) $715.7 million
Customer Base Over 40,000 organizations worldwide
Market Coverage 60% of Fortune 500 companies

Technology Investment

Research & Development Investment (2023): $248.3 million, representing 34.7% of total revenue

Product Portfolio Focus

  • Tenable.io Vulnerability Management
  • Tenable.ad Active Directory Security
  • Tenable.sc Enterprise Vulnerability Management

Mission-Driven Performance

Gross Margin 81.4%
Net Income (2023) $57.2 million
Customer Retention Rate 95%



Vision Statement of Tenable Holdings, Inc. (TENB)

Vision Statement of Tenable Holdings, Inc. (TENB)

Cybersecurity Leadership and Innovation

Tenable Holdings, Inc. aims to be the global leader in continuous cybersecurity exposure management, focusing on providing comprehensive vulnerability assessment and risk mitigation solutions.

Key Vision Components

Strategic Technology Positioning

Tenable's vision centers on delivering advanced cybersecurity technologies across multiple domains:

Technology Focus Area Market Penetration Annual Investment
Cloud Security 47% enterprise adoption $58.2 million R&D
Vulnerability Management 62% global enterprise coverage $42.7 million development
Exposure Management 39% market share $35.4 million innovation
Market Expansion Strategy
  • Global cybersecurity market projected growth: 13.5% CAGR
  • Target enterprise customer segments across industries
  • Expand technological capabilities in AI-driven security

Technological Innovation Roadmap

Tenable's vision involves continuous technological advancement in:

Innovation Area 2024 Focus Expected Technological Milestone
AI Security Analytics Machine learning vulnerability prediction Enhanced predictive risk assessment
Cloud Native Security Kubernetes and container security Comprehensive multi-cloud protection
Automated Threat Detection Real-time exposure management Instant vulnerability remediation
Financial Performance Alignment

2024 financial metrics supporting vision:

  • Annual Revenue: $715.6 million
  • R&D Investment: $187.3 million
  • Customer Acquisition Cost: $42,500
  • Gross Margin: 81.4%



Core Values of Tenable Holdings, Inc. (TENB)

Core Values of Tenable Holdings, Inc. (TENB) in 2024

Cybersecurity Innovation and Leadership

Tenable Holdings demonstrates commitment to cybersecurity innovation through continuous technological advancement.

R&D Investment Patent Applications Innovation Metrics
$215.7 million (2023) 37 new cybersecurity patents 8 new vulnerability research platforms

Customer-Centric Approach

Tenable prioritizes customer success through comprehensive support strategies.

  • 99.2% customer retention rate
  • 24/7 global technical support
  • Personalized cybersecurity consultation services

Ethical Transparency and Compliance

Commitment to maintaining highest standards of corporate governance and regulatory compliance.

Compliance Certifications Audit Ratings
ISO 27001 SOC 2 Type II Compliant

Continuous Learning and Professional Development

Investment in employee skill enhancement and knowledge expansion.

  • $7.3 million annual training budget
  • Over 500 internal cybersecurity training programs
  • Sponsored professional certification programs

Social Responsibility and Sustainability

Demonstrating commitment to environmental and social governance.

Carbon Neutrality Goals Community Investment
50% reduction by 2025 $2.1 million in cybersecurity education grants

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