Saviynt APAC Growth Points to Expanding Market Demand for Intelligent Identity Governance and Analytics Driven Security Solutions in the Region

High Revenue Growth, Rapid Customer and Partner Acquisition and
Geographic Expansion Drive Company’s Success

LOS ANGELES–(BUSINESS WIRE)–Saviynt,
the
trust award-winning
provider of intelligent, identity-driven
security management solutions, today announced it tripled revenues in
2018 in APAC, released new groundbreaking technology, expanded staff and
opened a new sales and support office. Saviynt continues its focus on
exceeding enterprise identity needs by delivering on its platform vision
that brings together best-in-class enterprise identity-security
solutions.

“The APAC region is a major growth driver for the company and we are
seeing market demand based on recognition from analysts like Gartner,
KuppingerCole and Forrester. That recognition is coming from our
customer-driven approach which helps global enterprises more effectively
manage the many access points to business-critical assets to ensure
continuous governance of infrastructure, data, applications, and
identities,” said Amit Saha, CEO, Saviynt.

These enhancements that are resulting in reduced time-to-value for
customers have come from a wide set of well-planned strategic activities
and investments that include:

Talent Acquisition and Geographic Expansion

Corporate wide, Saviynt doubled its employee count and is actively
hiring engineering, sales and marketing roles globally. In support of
corporate growth, a new APAC office has been built out with plans for as
many as two more regional locations in 2019. “The APAC region has been
very receptive to the industry leading identity technology that Saviynt
has brought to market because it enables companies to secure their
applications and data while digitally transforming and bringing new
customer engagement models to market,” said John Vine Hall, Vice
President of APAC, Saviynt.

Strategic Partner Expansion

In 2018 in the APAC region, Saviynt continued aggressive investment in
and growth of strategic service and technology partnerships. Regionally,
partner expansion with service and system integration partnerships
included new or expanded relationships with large and boutique firms
servicing niche markets. Additionally, expanded technology partnerships
with AWS, Microsoft and several other partners have resulted in the
extension of technology value for our customers. Many of those partners
were recognized for their 2018 efforts.

Funding – Series A

Until April of 2018, Saviynt was self-funded. Since receiving $40
million in series A funding from Carrick Capital Partners, LLC, an
investment firm focused on technology-enabled businesses, Saviynt has
appointed new leadership positions and is rapidly executing on the
company’s go-to-market strategy including expanding into new geographies
and growing its ecosystem of deep-integration partnerships.

Platform Innovation and Expansion

Saviynt is recognized for excellence in technology innovation from
leading technology analyst firms – an indicator of market demand for
cloud-based security solutions that are quick-to-deploy, yet
sophisticated enough to tackle highly complex identity governance
security programs.

At Converge ’18 in December, Saviynt highlighted
four key areas of innovation
that showcase the continued advancement
of our award-winning identity management solutions.

Operational Excellence

Saviynt has tuned its operational model globally and in the APAC region
to the point where large global enterprises are standing up the
industry’s best identity solution in the cloud, integrating it with a
wide-range of critical business applications for thousands of users, in
just weeks. Successfully removing what was once long, slow and painful
identity implementations, Saviynt is helping companies rapidly achieve
the business controls they need to deliver new customer engagement
models through digital transformation.

“Our unique, cloud-based approach for delivering identity and security
governance capabilities ensures our customers receive the right kind of
visibility, and automated risk-mitigating capabilities to meet today’s
ever-increasing regulatory and security requirements. Our aim is to help
customers accomplish digital transformation initiatives by extending
their existing, security standards and policies without requiring
unnecessary system or infrastructure changes,” said Yash Prakash, COO,
Saviynt.

About

Saviynt helps large organizations secure applications, data and
infrastructure in a single platform for Cloud (Office 365, AWS,
Salesforce, Workday) and Enterprise (SAP, Oracle EBS). Saviynt is
pioneering IGA 2.0 by integrating advanced risk analytics and
intelligence with fine-grained privilege management. Top global brands
leverage Saviynt technology.

Visit our website: www.saviynt.com
Read
our blog: https://saviynt.com/blog/
Follow
Saviynt on LinkedIn: https://www.linkedin.com/company/saviynt/
Follow
@Saviynt on Twitter: https://twitter.com/saviynt

Contacts

Ben Lazar, SVP Marketing, Saviynt
ben.lazar@saviynt.com
(310)
641-1664