Latest news with #2024VendoroftheYear
Yahoo
02-04-2025
- Business
- Yahoo
Securonix Accelerates AI-Reinforced CyberOps with Significant New ARR Growth and Customer Recognition
New sales bookings grew over 40% year-over-year as Securonix transforms threat detection, investigation, response and data pipeline management, and earns validation from customers PLANO, Texas, April 02, 2025--(BUSINESS WIRE)--Securonix, Inc., a five time leader in the Gartner Magic Quadrant for SIEM and a Customers' Choice in the 2024 Gartner Peer Insights 'Voice of the Customer,' today announced that it experienced a significant surge in sales bookings growth in 2024, creating strong momentum for the business in 2025. Securonix achieved a 40% year-over-year increase in new annual recurring revenue (ARR) sales in fiscal 2024, and became the only SIEM solution provider to be named a Leader in the Gartner Magic Quadrant for SIEM and a Customers' Choice in the 2024 Gartner Peer Insights 'Voice of the Customer.' This strong performance is evidence of the value Securonix's customers see in its solutions and the company's growing industry leadership. "Securonix is a strategic long-term partner for us," said Richard Henderson, Executive Director and Chief Information Security Officer at Alberta Health Services. "We've cut down on a huge number of false positives, resulting in massive time savings. We've saved hundreds of thousands of dollars in labor and reaped more value in the first 6 months with Securonix than we did in years with our previous solution. We value Securonix product innovations and the support of the entire Securonix team – what they've put together is extremely special, and I'm eager to see how they continue to innovate in 2025." Securonix's growth rate reflects industry stability and the need for the next generation of SIEM solutions, with the market expected to reach $8.6 billion in 2025. Securonix continues to provide unparalleled support through its AI-reinforced CyberOps capabilities to customers of all sizes and across all industries, and includes Fortune 1000 enterprises, airlines, financial institutions, and healthcare providers. "It was our honor to present Securonix with the 2024 Vendor of the Year award," said Anderson Gontijo, Alliances and Products Director at ISH Technology, one of the largest Managed Security Service Providers in Latin America. "Securonix's commitment to staying ahead of the most dangerous threats crosses borders. This award highlights Securonix's growing leadership and commitment to empowering Managed Security Services organizations with cutting-edge cybersecurity solutions that allow security leaders to rest easy at night, knowing their security is in the best hands possible. We're excited to see what Kash and his team have in store next, and look forward to continuing our partnership throughout another great year of momentum with Securonix." "As cyber threats become more sophisticated and are delivered at greater speed and scale than ever before, organizations demand a comprehensive, future-proof integrated SIEM, SOAR, UEBA, and Data Pipeline Management solution," said Kash Shaikh, President and CEO of Securonix. "We are thrilled to report that we are achieving our mission, with above-market growth in new sales bookings and a positive reception from our Enterprise and Managed Security Service Provider customers. We have some of the world's largest companies using our integrated platform at scale. We are also excited about the new innovations, such as Agentic AI capabilities and Data Pipeline Manager. " Kash added: "To support our growth trajectory and serve more customers, we are investing in growing in international markets, including Europe, Australia/New Zealand, Brazil, and Colombia." Key highlights from 2024 include: Launching Data Pipeline Manager and Noise Cancelation as part of the next wave of AI-Reinforced capabilities. Unveiling Securonix EON, a game-changing suite of capabilities that represents a paradigm shift in how organizations approach threat detection, investigation, and response. Launching the Elevate Partner Program to bring AI-Reinforced CyberOps to solution and service providers. Securonix earned ISH Technology's 2024 Vendor of the Year Award, showcasing Securonix's commitment to cutting-edge cybersecurity and superior customer service. Named for the second time in a row a Customers' Choice in the 2024 Gartner Peer Insights 'Voice of the Customer': SIEM Named a Leader for the fifth consecutive time in the 2024 Gartner ® Magic Quadrant™ for SIEM. "Securonix utilizes advanced analytics and machine learning algorithms to identify and prioritize high-risk security events and potential threats. It helps us to detect and respond to advanced persistent threats, insider threats and other sophisticated attacks." - Gartner Peer Insights Customer Review - Read the full review here "Securonix has been a choice of tool for our analysts to monitor the organization's security. Its capabilities like UEBA, Snowflake integration and SOAR help us identify critical threats in our organization. Seamless snowflake integration has enabled our team to efficiently analyze large scale data." - Gartner Peer Insights Customer Review - Read the full review here To keep up with Securonix or learn more about the next generation of AI-Reinforced CyberOps, please visit Gartner® and Peer Insights™ are trademarks of Gartner, Inc. and/or its affiliates. All rights reserved. Gartner Peer Insights content consists of the opinions of individual end users based on their own experiences, and should not be construed as statements of fact, nor do they represent the views of Gartner or its affiliates. Gartner does not endorse any vendor, product or service depicted in this content nor makes any warranties, expressed or implied, with respect to this content, about its accuracy or completeness, including any warranties of merchantability or fitness for a particular purpose. About SecuronixSecuronix is pushing forward in its mission to secure the world by staying ahead of cyber threats by reinforcing all layers of its platform with AI capabilities. Securonix EON provides organizations with the first and only AI-Reinforced threat detection, investigation and response (TDIR) solution built with a cybersecurity mesh architecture with an integrated Data Pipeline Manager (DPM) built on a highly scalable Snowflake data lake and AWS cloud. The innovative cloud-native solution delivers a frictionless CyberOps experience and enables organizations to scale up their security operations and keep up with evolving threats. For more information, visit or follow us on LinkedIn and X. View source version on Contacts Media Contact Sean FergusonSenior Manager, Brand & Communications, Securonixsferguson@ Sign in to access your portfolio
Associated Press
27-01-2025
- Business
- Associated Press
Sherwin-Williams Announces and Celebrates 2024 Vendor of the Year Award Winners
Continued Dedication to Customer-Focused Service and Collaboration lead to substantial non-paint category sales growth in 2024 CLEVELAND, Jan. 27, 2025 /PRNewswire/ -- The Sherwin-Williams Company honored four 2024 Vendor of the Year award winners across three categories this week during its annual National Sales Meeting in Orlando, FL. Two companies were named Vendor of the Year and two additional winners were selected in the Marketing Innovation Award and Marketing Agency Partner Award categories. Award winners were honored for providing high-quality products, customer-driven innovation and an unwavering commitment to the success of Sherwin-Williams through their unique efforts to deliver on customers' needs. 'We are thrilled to celebrate the performance and success of our top vendors and suppliers who have played a key role in driving sales, customer satisfaction and product innovation,' said Tracey Gairing, Vice President of Procurement at Sherwin-Williams. 'It's because of their dedication, creativity and support that Sherwin-Williams continues to expand its presence in non-paint categories leading to a stellar 2024 and looking forward to even greater success in 2025.' 2024 Vendor of the Year Vendor of the Year Award recipients are top sales performers who continue to raise the bar in delivering outstanding quality, innovation and value to Sherwin-Williams stores and superior service to our distribution centers. Mi-T-M: A six-time winner of the Vendor of the Year Award, the Mi-T-M Corporation achieved double-digit sales growth for the fourth straight year. Recognized as a market leader in pressure washers, their comprehensive team of knowledgeable field representatives work directly with Sherwin-Williams sales and store teams on product information, store-direct orders and any other needs that arise. With the introduction of their innovative consignment program on select units in 2020, Mi-T-M has elevated pressure washer sales to the next level. Buffalo: A three-time winner of the Vendor of the Year Award, Buffalo Industries achieved double-digit sales growth by providing strong ProShow presence and in-store support, expanding the geographic reach of their product line and creating and commercializing new options. They also continue to provide exemplary distribution center service levels for both quantities ordered and on-time delivery. 2024 Marketing Innovation Award The Sherwin-Williams Marketing Innovation Award highlights a partner that collaborates to reshape the market by reaching new customer segments, leveraging new insights or launching new sales drivers that look at the market and how Sherwin-Williams can reach customers differently. Trimaco: The Marketing Innovation Award winner Trimaco earns this honor for the second year in a row for their robust marketing efforts that helped contribute gains in 2024, while setting up a strong 2025. Their research and understanding enabled the company to identify opportunity customers and geographies for targeted promotion, customer pain points to drive future product development, engage with Hispanic PRO audiences when language may be a barrier and more. 2024 Marketing Agency Partner Award The Sherwin-Williams Marketing Agency Partner Award is a new award that celebrates the outstanding contributions that top agency partners deliver including creativity, innovation, results, collaboration, customer focus and strategic alignment on measures that help elevate the Sherwin-Williams commitment to excellence. VML: The first ever Marketing Agency Partner Award winner goes to VML, Sherwin-Williams lead partner on anything related to the digital customer experience, on both the creative and development sides. They have been instrumental in developing innovative digital solutions that empower customers and propel the business forward. For more than 155 years, Sherwin-Williams has been an industry leader in the development of technologically advanced paint and coatings. As the nation's largest specialty retailer of paint and painting supplies, Sherwin-Williams is dedicated to supporting both do-it-yourselfers and painting professionals with exceptional and exclusive products, resources to make confident color selections and expert, personalized service at its more than 4,800 neighborhood stores across North America. For more information, visit Join Sherwin-Williams on Instagram, TikTok, Pinterest, Facebook and LinkedIn.
