Latest news with #ISC2CybersecurityWorkforceStudy
Yahoo
21-05-2025
- Business
- Yahoo
Saviynt Accelerates Partner Growth Across Australia and New Zealand Through Saviynt University
The Identity Authority empowers 40+ partners across ANZ region with deep technical training, AI-enhanced identity insights, and rapid deployment strategies SYDNEY, May 21, 2025--(BUSINESS WIRE)--Saviynt, a leading provider of cloud-native identity and governance platform solutions, continues to scale its global upskilling initiative through Saviynt University. In Sydney and Melbourne, Saviynt partner bootcamps trained over 40 individuals from 19 organizations in just two days. The initiative is part of a broader effort to equip the global workforce with the skills needed to secure today's digital enterprises. Dan Mountstephen, senior vice president of APJ (Asia-Pacific and Japan) at Saviynt said, "Saviynt is completely redefining the identity security landscape with our cloud-native, converged platform and implementation-first approach. Through initiatives like Saviynt University, we are not just enabling partners, we are accelerating their growth by delivering deep technical enablement, AI-driven identity intelligence, and proven deployment strategies. In Australia and New Zealand, our partners are already leading the charge with faster go-lives and smarter solutions that scale." The bootcamps in Australia are part of a broader global rollout of Saviynt University workshops, following successful sessions in India, EMEA and advancing into the United States throughout 2025. The initiative comes at a critical time, as the global cybersecurity workforce gap has surged to 4.8 million professionals, according to the 2024 ISC2 Cybersecurity Workforce Study, a 19% year-over-year increase. In Australia alone, the skills gap jumped 71%, with only one cybersecurity expert for every 240 businesses, underscoring the urgency of specialized identity training. "The energy and technical acumen shown by our Australian partner community was incredible," said Suraj Krishnaiah, vice president, Enablement and Solutions at Saviynt. "With each Saviynt University session, we are seeing greater technical depth and stronger implementation confidence across our global partner ecosystem. The Identity Cloud's capabilities combined with the expertise of our partner ecosystem are setting a new benchmark for rapid, intelligent identity deployments." Led by Saviynt's senior leadership including Krishnaiah, Vice President of Partner Sales for Asia-Pacific and Japan Sunil Kedaraji, and Channel Director ANZ region Reno Maglitto, along with technical experts from the United States and Australia, the sessions offered a blend of hands-on product deep dives, real-world implementation insights, and gamified simulations. Attendees explored Time-to-Value (TTV) methodology, Privileged Access Management (PAM), and AI integration in identity workflows. They also gained insights into the latest innovations, including Identity Security Posture Management (ISPM) and Just-in-Time Access (JITA). "I am proud of the strong momentum we are building in Australia," said Kedaraji. "This initiative reflects our ongoing investment in empowering partners with the knowledge, tools, and technical capabilities needed to confidently deliver best-in-class identity security solutions. Our focus remains on deepening collaboration, enabling faster deployments, and driving business outcomes for customers through a trusted partner-first approach." This global expansion of Saviynt University reflects the company's commitment to bridging the identity skills gap, supporting partners with scalable local resources, and advancing enterprise identity security maturity across industries and regions. To learn more about Saviynt University, please visit the website. About Saviynt Saviynt empowers enterprises to secure their digital transformation, safeguard critical assets, and meet regulatory compliance. With a vision to provide a secure and compliant future for all enterprises, Saviynt is recognized as an industry leader in identity security whose cutting-edge solutions protect the world's leading brands, Fortune 500 companies and government organizations. The company recently launched Saviynt University to help reduce the knowledge gap in cybersecurity and identity management by providing free training and certification programs, with significant focus on practitioners in India. For more information, please visit View source version on Contacts For Saviynt APAC and India Roshi Press Contact Jacklyn Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Business Wire
21-05-2025
- Business
- Business Wire
Saviynt Accelerates Partner Growth Across Australia and New Zealand Through Saviynt University
SYDNEY--(BUSINESS WIRE)-- Saviynt, a leading provider of cloud-native identity and governance platform solutions, continues to scale its global upskilling initiative through Saviynt University. In Sydney and Melbourne, Saviynt partner bootcamps trained over 40 individuals from 19 organizations in just two days. The initiative is part of a broader effort to equip the global workforce with the skills needed to secure today's digital enterprises. Dan Mountstephen, senior vice president of APJ (Asia-Pacific and Japan) at Saviynt said, 'Saviynt is completely redefining the identity security landscape with our cloud-native, converged platform and implementation-first approach. Through initiatives like Saviynt University, we are not just enabling partners, we are accelerating their growth by delivering deep technical enablement, AI-driven identity intelligence, and proven deployment strategies. In Australia and New Zealand, our partners are already leading the charge with faster go-lives and smarter solutions that scale.' The bootcamps in Australia are part of a broader global rollout of Saviynt University workshops, following successful sessions in India, EMEA and advancing into the United States throughout 2025. The initiative comes at a critical time, as the global cybersecurity workforce gap has surged to 4.8 million professionals, according to the 2024 ISC2 Cybersecurity Workforce Study, a 19% year-over-year increase. In Australia alone, the skills gap jumped 71%, with only one cybersecurity expert for every 240 businesses, underscoring the urgency of specialized identity training. 'The energy and technical acumen shown by our Australian partner community was incredible,' said Suraj Krishnaiah, vice president, Enablement and Solutions at Saviynt. 'With each Saviynt University session, we are seeing greater technical depth and stronger implementation confidence across our global partner ecosystem. The Identity Cloud's capabilities combined with the expertise of our partner ecosystem are setting a new benchmark for rapid, intelligent identity deployments.' Led by Saviynt's senior leadership including Krishnaiah, Vice President of Partner Sales for Asia-Pacific and Japan Sunil Kedaraji, and Channel Director ANZ region Reno Maglitto, along with technical experts from the United States and Australia, the sessions offered a blend of hands-on product deep dives, real-world implementation insights, and gamified simulations. Attendees explored Time-to-Value (TTV) methodology, Privileged Access Management (PAM), and AI integration in identity workflows. They also gained insights into the latest innovations, including Identity Security Posture Management (ISPM) and Just-in-Time Access (JITA). 'I am proud of the strong momentum we are building in Australia,' said Kedaraji. 'This initiative reflects our ongoing investment in empowering partners with the knowledge, tools, and technical capabilities needed to confidently deliver best-in-class identity security solutions. Our focus remains on deepening collaboration, enabling faster deployments, and driving business outcomes for customers through a trusted partner-first approach.' This global expansion of Saviynt University reflects the company's commitment to bridging the identity skills gap, supporting partners with scalable local resources, and advancing enterprise identity security maturity across industries and regions. To learn more about Saviynt University, please visit the website. About Saviynt Saviynt empowers enterprises to secure their digital transformation, safeguard critical assets, and meet regulatory compliance. With a vision to provide a secure and compliant future for all enterprises, Saviynt is recognized as an industry leader in identity security whose cutting-edge solutions protect the world's leading brands, Fortune 500 companies and government organizations. The company recently launched Saviynt University to help reduce the knowledge gap in cybersecurity and identity management by providing free training and certification programs, with significant focus on practitioners in India. For more information, please visit
Yahoo
27-02-2025
- Business
- Yahoo
Is Super Micro Computer (SMCI) the High Growth Cybersecurity Stock to Buy?
We recently published a list of In this article, we are going to take a look at where Super Micro Computer, Inc. (NASDAQ:SMCI) stands against other high growth cybersecurity stocks to buy. The cybersecurity industry is experiencing unprecedented growth, fueled by increasing cyber threats, the expansion of cloud computing, and the adoption of artificial intelligence (AI) in security measures. According to Cybersecurity Ventures, global cybercrime damages are projected to reach $10.5 trillion annually by 2025, up from $3 trillion in 2015, making cybersecurity one of the most critical industries in the digital age. As cyberattacks grow in frequency and sophistication, businesses, governments, and individuals are investing heavily in security solutions to mitigate risks. The global cybersecurity market is expected to grow from $172.24 billion in 2023 to $562.72 billion by 2032, reflecting a compound annual growth rate (CAGR) of approximately 14.3%, according to a report by Fortune Business Insights. This rapid expansion is driven by increased spending across industries, particularly in sectors such as finance, healthcare, and government, where data protection is paramount. The demand for cybersecurity solutions is further accelerated by the rise of ransomware attacks. Ransomware attacks have significantly increased in recent years, with 2024 marking a record high of 5,263 incidents—the highest volume observed since 2021 according to a new report from cybersecurity consulting firm, NCC Group. Major corporations and critical infrastructure have been targeted, with some ransomware payments reaching tens of millions of dollars. For instance, Colonial Pipeline paid $4.4 million in Bitcoin after a devastating cyberattack in 2021, underscoring the necessity for robust security defenses. Cloud security spending is also seeing exponential growth. According to Gartner, global information security end-user spending is projected to total $212 billion in 2025, marking a 15.1% increase from $183.9 billion in 2024. The integration of artificial intelligence (AI) into cloud infrastructures is a significant factor contributing to increased cloud security spending. A recent survey in the 2025 Cloud & AI Index indicates that 89% of U.S. IT decision-makers plan to boost their cloud budgets in 2025, primarily to support AI workloads A severe talent shortage remains a challenge in the cybersecurity industry. According to the 2023 ISC2 Cybersecurity Workforce Study, the global cybersecurity workforce reached 5.5 million professionals, an 8.7% increase from the previous year. Despite this growth, the study identified a workforce gap of 4 million professionals needed to adequately defend organizations' critical assets. To compile a list of the 10 High Growth Cybersecurity Stocks To Buy, we first utilized a stock screener to identify companies with a market capitalization exceeding $2 billion and a minimum 20% revenue growth over the past five years. From this selection, we then narrowed down the top 10 stocks based on the level of hedge fund interest. These stocks have been ranked in according to hedge fund sentiment as of Q4 2024. Why are we interested in the stocks that hedge funds pile into? The reason is simple: our research has shown that we can outperform the market by imitating the top stock picks of the best hedge funds. Our quarterly newsletter's strategy selects 14 small-cap and large-cap stocks every quarter and has returned 373.4% since May 2014, beating its benchmark by 218 percentage points (). A team of technicians in a server room, testing and managing the newest server solutions. Number of Hedge Fund Holders: 45 Super Micro Computer Inc. (NASDAQ:SMCI) is a provider of accelerated compute platforms, offering application-optimized server and storage solutions for enterprise data centers, cloud computing, AI, 5G, and edge computing. Its diverse product portfolio includes Rackmount Servers, GPU Servers, Twin Servers, and Storage Servers, catering to a wide range of computing needs. Following the resignation of its auditor, Ernst & Young, in late 2024 due to governance concerns, the company swiftly appointed BDO and initiated an internal review, which found no evidence of fraud or misconduct. With strong partnerships, including continued collaboration with NVIDIA, and a commitment to enhancing corporate governance, Super Micro Computer, Inc. (NASDAQ:SMCI) is positioning itself to capitalize on the surging AI infrastructure demand. Super Micro Computer, Inc. (NASDAQ:SMCI) continues its strong growth trajectory, reporting preliminary Q2 FY25 revenue of $5.6-$5.7 billion, marking a 54% YoY increase. The company's non-GAAP EPS is expected to land between $0.58-$0.60, reflecting 5% YoY growth, while GAAP EPS remains flat at $0.50-$0.52. CEO Charles Liang anticipates FY25 revenue in the range of $23.5-$25 billion, setting the stage for an ambitious $40 billion target in FY26. Overall, SMCI ranks 8th on our list of high growth cybersecurity stocks to buy. While we acknowledge the potential for SMCI as an investment, our conviction lies in the belief that some AI stocks hold greater promise for delivering higher returns and doing so within a shorter time frame. If you are looking for an AI stock that is more promising than SMCI but that trades at less than 5 times its earnings, check out our report about the . READ NEXT: 20 Best AI Stocks To Buy Now and Complete List of 59 AI Companies Under $2 Billion in Market Cap Disclosure: None. This article is originally published at Insider Monkey. Sign in to access your portfolio
