CyberArk launches MSP Console for managed service providers, enhancing operational efficiency and scalability.
From Nasdaq: 2024-04-03 10:00:00
CyberArk Software Ltd. launched the CyberArk MSP Console for managed service providers, enhancing operational efficiency and scalability. The platform offers a comprehensive dashboard to monitor and manage customers using the CyberArk Identity Security Platform, bridging the cybersecurity skill gap for organizations and ensuring efficient delivery of identity security services.
The CyberArk MSP Console integrates with CyberArk Privilege Cloud environments, providing a unified view of tenant data and assets for MSPs. Features include single-click access to all tenants, centralized onboarding of accounts, streamlined search capabilities, and auditing of privileged sessions. This innovative tool enables MSP partners to protect every identity with the right privilege controls, driving revenue growth and enhancing client security and compliance.
As the demand for endpoint security and on-premises IT infrastructure increases, CyberArk is well-positioned to innovate and expand in the cybersecurity field. The company established an AI Center of Excellence to address evolving cyber threats and broadened its Identity Security solution’s reach on the Amazon Web Services Marketplace. With a diverse presence in sectors like banking, healthcare, government, and utilities, CyberArk mitigates the impact of decreasing IT spending while contributing to its top-line growth.
CyberArk is a Zacks Rank #2 (Buy) stock that has gained 20.1% year-to-date. Other top-ranked technology stocks to consider include Meta Platforms, Zscaler, and Twilio, each also carrying a Zacks Rank #2. These companies demonstrate strong growth prospects and have experienced revisions in their earnings estimates, positioning them for potential upside in the market. Global semiconductor manufacturing is projected to grow significantly by 2028, presenting opportunities for these innovative tech companies in the evolving landscape.
Read more at Nasdaq: CyberArk’s (CYBR) MSP Console Boosts Managed Security Services