WASHINGTON, Aug. 14, 2015 /PRNewswire/ -- Thycotic, a provider of smart and effective privileged account management solutions for global organizations, has been named for a third time to Inc. magazine's list of the fastest-growing private companies in America. Thycotic ranks #1646 on the exclusive 2015 Inc. 5000 list, which represents the most comprehensive look at one of the most important segments of the global economy — America's privately-owned businesses.
Thycotic has now placed on the Inc. 500|5000 list for three consecutive years. Amidst a global increase in cyber-attacks and demand for enhanced IT security, Thycotic has emerged as a market leader in the IT security solutions space for privileged account management, amassing a global customer portfolio of over 3,000 companies across all major verticals.
"Companies in every industry are seeing the increasing need to secure their privileged credentials, and they're choosing Thycotic Secret Server because it offers significantly better time to value relative to any of our competitors' offerings," said James Legg, president and chief operating officer of Thycotic. "When comparing Thycotic to other privileged account management offerings, IT administrator teams across the globe prefer our solution because it's faster to deploy, takes significantly fewer resources to manage and offers comprehensive security for their most sensitive credentials. We're seeing incredible demand for Thycotic Secret Server, which is reflected in Thycotic rising nearly 2000 spots on the Inc. 5000 list over the past two years."
More than 180,000 IT admins world-wide have adopted Thycotic as their privileged account management solution of choice because it provides easily manageable workflows for teams while solving important security issues such as the misuse of privileged credentials.
"Privileged account management is one of our top priorities because of the types of data these accounts can access," says Matthew Fitzgerald, IT infrastructure manager – identity and access management at University of Central Florida. "We knew we needed to invest in an enterprise-class solution that we could quickly deploy in order to protect these sensitive data sets. Thycotic's Secret Server offered many features we were looking for."
The 2015 Inc. 5000 is the most competitive crop in the list's history with an aggregate revenue of $205 billion, and has generated 647,000 jobs over the past three years. Complete results of the Inc. 5000, including company profiles and an interactive database that can be sorted by industry, region, and other criteria, can be found at www.inc.com/inc5000.
"The story of this year's Inc. 5000 is the story of great leadership. In an incredibly competitive business landscape, it takes something extraordinary to take your company to the top," says Inc. President and Editor-In-Chief Eric Schurenberg. "You have to remember that the average company on the Inc. 5000 grew nearly six-fold since 2012. Business owners don't achieve that kind of success by accident."
More about Inc. and the Inc. 500|5000
Inc. 5000 Methodology
The 2015 Inc. 5000 is ranked according to percentage revenue growth when comparing 2011 to 2014. To qualify, companies must have been founded and generating revenue by March 31, 2011. They had to be U.S.-based, privately held, for profit, and independent--not subsidiaries or divisions of other companies--as of December 31, 2014. The minimum revenue required for 2011 is $100,000; the minimum for 2014 is $2 million.
About Inc. Magazine
Founded in 1979 and acquired in 2005 by Mansueto Ventures, Inc. is the only major brand dedicated exclusively to owners and managers of growing private companies, with the aim to deliver real solutions for today's innovative company builders. Winner of the National Magazine Award for General Excellence in both 2014 and 2012. Total monthly audience reach for the brand has grown significantly from 2,000,000 in 2010 to over 13,000,000 today. For more information, visit www.inc.com.
The Inc. 500|5000 is a list of the fastest-growing private companies in the nation. Started in 1982, this prestigious list of the nation's most successful private companies has become the hallmark of entrepreneurial success. The Inc. 5000 Conference & Awards Ceremony is an annual event that celebrates their remarkable achievements. The event also offers informative workshops, celebrated keynote speakers, and evening functions.
For more information on Inc. and the Inc. 5000 Conference, visit http://www.inc.com/.
Thycotic IT security and password management solutions empower companies to remove the complexities associated with proper access control and management of privileged accounts. An Inc. 5000 company, Thycotic is trusted by more than 3,000 customers worldwide – including members of the Fortune 500, enterprises, government agencies, technology firms, universities, non-profits and managed service providers. To learn more, please visit thycotic.com.