Thycotic

Thycotic

Privileged Access Management solutions for security

About Thycotic

Simplify's Rating
Why Thycotic is rated
A-
Rated B on Competitive Edge
Rated A on Growth Potential
Rated A on Rating Differentiation

Industries

Enterprise Software

Cybersecurity

Company Size

1,001-5,000

Company Stage

Private

Total Funding

N/A

Headquarters

San Francisco, California

Founded

2004

Overview

Delinea provides Privileged Access Management (PAM) solutions that enhance security for hybrid enterprises by controlling access to critical systems, applications, and data. Their products work by implementing the principle of least privilege, ensuring users have only the access necessary for their roles, and supporting a Zero Trust Framework that treats all access requests as untrusted by default. Delinea differentiates itself from competitors through its user-friendly and affordable solutions, which can be quickly deployed and easily managed by system administrators. The company aims to help organizations secure their privileged access, protect sensitive information, and comply with regulatory requirements, serving clients in various industries, including finance, healthcare, and government.

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Simplify's Take

What believers are saying

  • Increased demand for hybrid cloud security boosts Delinea's market potential.
  • Growing regulatory requirements drive demand for Delinea's compliance-focused PAM solutions.
  • Delinea's recognition as a PAM leader enhances its market credibility and customer trust.

What critics are saying

  • Rapid AI evolution may require Delinea to adapt strategies, potentially slowing innovation.
  • New product launches could stretch resources, impacting service quality or delaying innovations.
  • Strategic shifts by new leadership may disrupt existing customer relationships or processes.

What makes Thycotic unique

  • Delinea offers seamless PAM solutions for hybrid enterprises, enhancing security and compliance.
  • The company focuses on Zero Trust architecture, ensuring least privilege access for users.
  • Delinea's solutions are user-friendly and affordable, reducing deployment time and costs.

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Growth & Insights and Company News

Headcount

6 month growth

0%

1 year growth

-1%

2 year growth

-2%
National Tribune
Jan 13th, 2025
Delinea Hires CyberArk Veteran Chris Kelly as President, GTM to Continue Disrupting the Identity Market

SAN FRANCISCO, Jan. 13, 2025 (GLOBE NEWSWIRE) - Delinea, a pioneering provider of solutions for securing identities through centralized authorization, today announced the leadership appointment of Chris Kelly as President, Go-To-Market.

Ritzau
Oct 10th, 2024
Delinea Recognized as a Leader in the KuppingerCole Leadership Compass(TM) for Privileged Access Management (PAM) 2024

Delinea recognized as a Leader in the KuppingerCole Leadership compass(tm) for Privileged Access Management (PAM) 2024.

IT Security Guru
Sep 19th, 2024
Keeper Security Appoints James Edwards as Senior Director of Engineering

Keeper Security appoints James Edwards as Senior Director of Engineering.

Financial Post
Sep 11th, 2024
Delinea Named a Leader in 2024 Gartner(R) Magic Quadrant(TM) for Privileged Access Management

Delinea named a Leader in 2024 gartner(r) Magic quadrant(tm) for Privileged Access Management.

PYMNTS
Aug 15th, 2024
Mit’S Ai Risk Database May Prompt Business To Change Processes

MIT researchers’ new artificial intelligence risk database could prompt companies to overhaul their AI strategies, potentially slowing adoption but enhancing safety in an era of rapid AI proliferation. The comprehensive “AI Risk Repository,” developed by Massachusetts Institute of Technology’s FutureTech Group, catalogs 777 potential AI pitfalls extracted from 43 taxonomies. This centralized resource addresses critical gaps in existing frameworks and is expected to have far-reaching implications for businesses, regulators, and policymakers navigating the complex terrain of AI implementation and governance. “Policymakers will be inclined to use MIT’s AI Risk Repository as a foundation for drafting informed and effective regulations that address the complexities and risks associated with AI technologies,” Adam Stone, AI governance lead at Zaviant, told PYMNTS. This development coincides with global efforts to regulate AI, including the European Union’s AI Act and emerging state-level legislation in the United States, such as the Colorado AI Act

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