Tenable Holdings, Inc. (TENB) Bundle
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 InnovationTenable 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 PositioningTenable'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 |
- 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 |
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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