Onapsis Ranked on the Deloitte 2019 Technology Fast 500™
I am thrilled to announce that for the third consecutive year, we have made the ranks of the top 500 fastest-growing technology companies in North America, as recognized by Deloitte. We are honored to be a part of this prestigious list, highlighting our accelerated growth, commitment to customer success and innovative solutions delivery in the last 12 months. Furthermore, Onapsis ranked number 13 among North America’s fastest-growing cybersecurity companies.
Part of our strong growth is attributed to exceptional demand for The Onapsis Platform, which assures integrity, performance and protection of business-critical applications. Demand for The Onapsis Platform has increased dramatically, fueled by the acceleration of cloud initiatives among enterprise organizations, the growing urgency of digital transformation of core business applications and the increasing volume of critical threats against ERP and other business-critical application platforms.
Fueled by partnerships, including those with IBM and Verizon, the acquisition of Virtual Forge and the outstanding additions to our executive team, we achieved 331% revenue growth between 2015 and 2018, and 141%+ growth in the first three quarters of 2019 in new annual recurring revenue, driven by triple-digit customer and employee growth.
During the first half of 2019, Onapsis also announced the analysis and mitigation support for 10KBLAZE, a critical misconfiguration of SAP systems that if exploited can lead to a full compromise of vulnerable business-critical applications, process and workflows at more than 50,000 companies worldwide. Given the criticality of this threat, the United States Department of Homeland Security (DHS) issued a US-CERT alert. To put this in context, with the thousands of security alerts that we see every year, the US-CERT has only released 4 alerts so far this year.
As the leading SAP partner in cybersecurity, Onapsis Research Labs has identified and helped mitigate more than 500 zero-day security vulnerabilities posing risk to SAP customers. Securing ERP and business-critical applications is no longer optional, but a necessity for global organizations that rely on these systems to run their business.
I am incredibly proud to share this award with my fellow Onas, our partners and our customers. I am honored that Onapsis is a part of this prestigious list, highlighting our evolution and continued hypergrowth in protecting the global economy, one business-critical application at a time.