ERPScan Reached Incredible 367% Revenue Growth in 2016

ERPScan, a leading SAP and Oracle security solutions provider, released its Review of the Year 2016.

Palo Alto, CA, January 21, 2017 --(PR.com)-- ERPScan experienced a considerable growth in regards its economic and technical activities. As for the last, being at the forefront of Cybersecurity technologies, the Company released a unique solution to secure SAP customized applications. ERPScan also continued its global expansion strategy by adding both of its technical partners and clients around the world. The work of ERPScan Research center deserved attention. In 2017, the team released the first-ever comprehensive research on the state of SAP Security. This year, the security researchers identified and reported roughly 80 security vulnerabilities in different SAP applications.

Due to all these achievements, ERPScan was recognized both by the Cybersecurity community and Marketing industry awards.

Sales Growth and Marketing Expansion:

Year over year revenue growth reached 367%.
ERPScan signed sales partnership with Deloitte, TrustNCS, Winterhawk Consulting.
ERPScan grew from just 20 to 50 employees operating in several locations worldwide (the Netherlands, the USA, Australia, and Denmark).

The company hired two industry veterans – Doug Roberts as VP of Sales and John Mahon as VP of Business Development.

Client Activity:

The overall number of clients almost tripled.
The company’s client base expanded to Malaysia, Poland, Turkey, and Swaziland.
ERPScan added to its customer portfolio 30 distinguished Fortune 2000 companies such as Engie, Chep (a Brambles company), and Tenaga Nasional Berhad.

Research:

77 SAP vulnerabilities reported by ERPScan Research team were fixed by the vendor in 2016.

ERPScan research lab released the first-ever SAP Cyber Threat report that covers three main aspects of the topic – SAP Product Security, SAP Implementation Security, and SAP Security Awareness.

Technical improvements

They built technology partnership and integration with HP, IBM, Splunk, and CheckPoint.

They announced a new product to assess and remediate ABAP code vulnerabilities as a service.

Recognition:

ERPScan’s flagship product became a finalist by Cybersecurity Excellence in the Security Monitoring category.
The company was recognized as a CRN Emerging vendor in Cybersecurity, Owler HOT winner in Palo Alto, and Red Herring Global 100 Finalist.
Members of ERPScan research team commented latest cybersecurity news 149 times in the top media including The Guardian, Forbes, Business Insider, Ars Technica, The Register, and 50 others.

"Without a doubt, cybersecurity was in the spotlight in 2016 with a growing number of cyberattacks. This challenging situation, nonetheless, provides opportunities for development. So, the last year was extremely important and productive for ERPScan. We proud to say that we not only achieved planned results but exceeded expectations," commented Alexander Polyakov, CTO and co-founder at ERPScan.
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Darya Maenkova
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