Machine Identity Management Leader Boasts Three-Year Revenue Growth of 366%
Keyfactor, the machine and IoT identity platform for modern enterprises, today announced it placed as the fastest-growing digital key and certificate automation provider on this year’s Deloitte Technology Fast 500™, a ranking of the 500 fastest-growing technology, media, telecommunications, life sciences, fintech, and energy tech companies in North America. The company also ranks as the third fastest-growing company in Ohio.
“Our standing on this prestigious list for the third consecutive year is a testament to the growing need for and rapid market adoption of proven solutions that enable secure and trusted digital interactions among people, machines, and assets,” said Jordan Rackie, CEO, Keyfactor. “With the ongoing proliferation of digital identities, Keyfactor continues to play a pivotal role in supporting the growing number of machine identities that our customers rely on to operationalize their business. More and more organizations are recognizing the importance of securing machine identities, which has fueled our growth and global expansion efforts over the past year, including an office opening in France. I’m incredibly grateful to the entire Keyfactor team for their tireless efforts that have led to our designation alongside the most innovative and fastest growing technology companies headquartered in North America.”
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According to the Hype Cycle™ for Digital Identity, 2022, Gartner states that organizations now have more machines than humans in their systems as the digital transformation has led to an explosion in the number of workloads and devices that need to be managed. Each of these devices has its own identity, requiring a digital certificate, that must be properly managed for optimal security. As the leader in IoT and machine identity management solutions, Keyfactor Command empowers security teams to seamlessly orchestrate every key and certificate across the entire enterprise. With the launch of its newest SaaS offering, EJBCA SaaS for Microsoft Azure, Keyfactor allows organizations to easily prioritize machine identity management in on-prem, hybrid, and multi-cloud environments.
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“This year’s Technology Fast 500 list is a true reflection of some of today’s most determined and inspiring pioneers who have prospered by anticipating what’s next, understanding what’s needed to succeed and driving creativity forward,” said Christie Simons, partner, Deloitte & Touche LLP and industry leader for technology, media and telecommunications within Deloitte’s audit and assurance practice. “Representing all facets of technology, the winners have shown they not only have the vision but can also expertly manage their companies through rapid growth. We congratulate each winner on their impressive achievements.”