Vectra AI Among Deloitte Technology 2021 Fast 500™ Leaders
In 2021, Vectra AI earned an honorable 329th place in the prestigious Deloitte Technology Fast 500™ ranking. This list annually recognizes the 500 fastest-growing technology, media, telecommunications, life sciences, financial technology, and energy tech companies in North America. Inclusion in such an authoritative ranking is a clear testament to Vectra AI’s dynamic development and technological leadership in the market.
Vectra AI’s CFO, Howie Shohet, attributes the company’s impressive 371% revenue growth to the effectiveness of their advanced security platform – Vectra Cognito. This platform allows corporate security teams not only to detect and track but also to effectively prevent sophisticated cyberattacks that can evade traditional defenses, thereby preventing the loss of critical data.
“It is a great honor for us to be included in the Deloitte Technology Fast 500 list for 2021,” Shohet noted. “This recognition confirms that our customers trust the effectiveness of using artificial intelligence (AI) to meet the demands for real-time cyberattack detection automation and to expand threat hunting capabilities.” This quote highlights not only the company’s success but also the growing trust in AI-driven solutions in the cybersecurity industry.
Innovation Amidst the Pandemic: Growth in the Tech Sector
Deloitte representatives also emphasized the importance of innovation, especially during global challenges. Paul Silverglate, Vice Chairman of Deloitte LLP and leader of the U.S. Technology sector, stated: “Each year, the Technology Fast 500 sheds light on leading innovators in technology, and this year was no exception. Faced with countless challenges arising from the pandemic, the best and brightest people were able to adapt, reinvent, transform, and grow. We honor the winning organizations and the particularly talented employees who contribute to their success.”
Mohana Dissanayake, partner at Deloitte & Touche LLP and industry leader in Technology, Media & Telecommunications, added: “Software, which comprises almost two-thirds of the companies on the list, continues to create some of the most exciting technologies of the 21st century, including innovations in artificial intelligence, predictive analytics, and robotics. This year’s ranking demonstrates what is likely a national phenomenon, with many companies from all parts of America changing the way business is conducted, combining breakthrough research and development, entrepreneurship, and rapid growth.” This indicates that investments in AI development for cybersecurity are not just a trend but a necessity.
Christie Simons, partner at Deloitte & Touche LLP and industry leader in Technology, Media & Telecommunications, concluded: “The pandemic underscored the acute need for technical solutions across various industries, including healthcare, fintech, energy, entertainment, and many others, so reliance on innovators such as the Technology Fast 500 winners is more important than ever. These companies are not only at the forefront, transforming the ways business is conducted, but, most importantly, they understand the strategic importance of continuous innovation, especially in the changing world of technology.”
More About the Deloitte Technology Fast 500™ Ranking
To better understand the scale of Vectra AI’s achievement, let’s look at the key selection criteria for this prestigious ranking:
- Growth Period: Winners of the 2021 Technology Fast 500™ are chosen based on percentage revenue growth over the fiscal year from 2017 to 2020. This confirms the stable and long-term development dynamic of the companies.
- Intellectual Property: Companies must own proprietary intellectual property or technologies sold to customers in products that generate the majority of the company’s operating revenue. This ensures that the ranking includes companies with their own unique developments.
- Financial Requirements: Companies must have operating revenue of at least $50,000 in the base year and current year operating revenue of at least $5 million.
- Geographic and Time Restrictions: Additionally, companies must have been in business for at least four years and be headquartered in North America.
These strict criteria make inclusion in the Deloitte Technology Fast 500™ an exceptional achievement, highlighting Vectra AI’s resilience and innovative potential.
Vectra AI – Driving Force of Modern Cybersecurity: The Role of NDR Solutions
Vectra AI is a global leader in the NDR (Network Detection and Response) solutions market. These solutions provide highly accurate threat detection in network traffic and rapid real-time response. The Vectra Cognito platform protects a wide variety of environments, including:
- Cloud Environments: Ensuring the security of data and applications in public, private, and hybrid clouds. The growth of cloud infrastructures demands new approaches to security, and NDR from Vectra AI effectively meets these requirements.
- SaaS Applications: Protection against threats that exploit software-as-a-service vulnerabilities.
- Data Centers (DCs): Monitoring and protecting critical infrastructure.
- Enterprise Infrastructures: Comprehensive protection of company networks of any size.
Vectra’s cybersecurity solutions are used by the world’s largest financial institutions, manufacturers, universities, energy, technology, software, and media companies. In addition, clients include federal agencies, service providers, educational institutions, and healthcare organizations. This wide range of industries demonstrates the versatility and high effectiveness of Vectra AI’s NDR technologies.
Vectra AI clients immediately detect and respond to cyberattacks in the cloud, data centers, IoT, and enterprises through real-time network traffic threat detection tools. By automatically analyzing the behavior of users, devices, and their traffic, and prioritizing alerts, they increase the efficiency of their security teams by up to 90%. This significantly reduces “alert fatigue” and allows teams to focus on real threats.
NWU: Vectra AI for Cybersecurity in Ukraine
Thanks to NWU, the official distributor of Vectra AI in Ukraine, the domestic IT market has gained a unique opportunity to purchase NDR (Network Detection and Response) from a global leader. This solution is an integral part of the modern SOC triad (Security Operations Center), which includes SIEM (Security Information and Event Management), EDR (Endpoint Detection and Response), and NDR. The integration of these three components allows for the creation of a comprehensive cyber defense system.
NWU offers modern solutions for cybersecurity and telecommunications from leading global manufacturers, operating in Ukraine, the South Caucasus, and Central Asia. Their expertise and access to advanced technologies like Vectra AI make them a key partner for organizations seeking to strengthen their cybersecurity.
Optimize Your SOC with Vectra AI
Modern cyber threats demand innovative security approaches. Vectra AI solutions based on artificial intelligence offer unparalleled detection accuracy and automation of response, which is critically important for any SOC.
To purchase NDR for your SOC or request testing of Vectra AI solutions in Ukraine, you can contact NWU. This is your chance to significantly enhance the effectiveness of your security team and reliably protect your digital assets.
