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10 Hot Cybersecurity Companies You Should Watch In 2021

Many of the industry‘s most ambitious vendors will in 2021 prioritize integrating major acquisitions, executing on new partner programs and initiatives, and expanding their technical capabilities.

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SailPoint has strengthened its Predictive Identity Platform with an Access Modeling service that speeds the creation of roles across businesses, utilizing artificial intelligence to identify similar groupings of users and access to suggest potential roles. The new Cloud Access Management service provides better visibility into which users, human and non-human, have access to multi-cloud IaaS environments.

The company also debuted a new role validation feature that ensures the roles defined continue to be valid for an organization as it evolves, verifies that access for each role remains appropriate, and demonstrates that all roles are being properly governed. Wall Street rewarded SailPoint’s continued innovation by driving the company’s stock price up 110.7 percent in 2020 on a valuation of $4.63 billion.

These new capabilities have made Austin, Texas-based SailPoint more appealing to customers, with year-over-year sales expected to grow by 23 percent in 2020 to roughly $356 million. SailPoint has also increased its headcount by 19 percent over the past year to 1,415 people, with the most aggressive hiring occurring in the sales and information technology departments.

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