Thycotic Records Strong 2020 Channel Sales Growth as Demand for PAM Solutions Accelerates
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WASHINGTON, Feb. 8, 2021 /PRNewswire/
Thycotic, a provider of privileged access management (PAM) solutions to more than 12,500 organizations worldwide, including 25 of the Fortune 100, today announced a 28 percent increase in worldwide channel sales in 2020. This growth stems from the accelerating business demand for PAM solutions globally and Thycotic s recent channel partner advancements, including new educational initiatives, enhanced customer service and marketing support for partners.
In 2020, Thycotic added several new products to its PAM portfolio, including the launch of
Database Access Controller. These solutions expanded the company s PAM use cases by protecting access to SaaS applications and IaaS infrastructure while also ensuring remote workers stayed productive and secure. These product launches empowered Thycotic s channel partners t