DALLAS, Sept. 27, 2022 /PRNewswire/ — Pathlock, the main supplier of software safety and controls automation for important enterprise purposes, as we speak introduced the acquisition of Gray Monarch, a UK-based specialist SAP Companion devoted to SAP Course of Automation. The acquisition will strengthen Pathlock’s imaginative and prescient of offering the business’s most full 360-degree platform for software safety and controls automation for the SAP ecosystem.
Since 2008, Gray Monarch has developed experience in SAP Safety, Segregation of Duties, SAP Licence Optimization, SAP Background Processing Automation and Safe Managed File Switch. With this acquisition, the SAP neighborhood will profit from the perfect SAP Course of Automation recommendation, implementation abilities, and software program and coaching capabilities, enhancing ranges of safety, enhancing their customers’ expertise and streamlining audit, compliance and management procedures.
“It is now extra crucial than ever for organizations to make the most of a holistic view of person entry and privileges to allow them to be managed, monitored and managed to make sure the utmost safety of information, enterprise processes and mental property,” stated David Lloyd, Director and Co-Founder, Gray Monarch. “Combining Gray Monarch’s capabilities with the Pathlock household of experience, sources and product portfolio will present our prospects, present and new, with an unsurpassed visibility into their enterprise purposes.”
“We’re thrilled to finish the acquisition of Gray Monarch,” stated Piyush Pandey, CEO of Pathlock. “We proceed to see a powerful demand for our globally acknowledged software safety and controls automation options, and know that with Gray Monarch’s specialization in SAP course of automation we will proceed to allow our world prospects to revolutionize the way in which they safe their delicate monetary and buyer knowledge.”
In Might 2022, Pathlock introduced a $200M capital elevate sponsored by Vertica Capital Companions alongside a merger with Appsian and Safety Weaver and the acquisition of Belgium-based CSI Instruments and Germany-based SAST SOLUTIONS. The corporate has efficiently doubled in dimension when it comes to income and staff and is now servicing over 1,400 prospects throughout all main industries on a worldwide scale with places of work throughout the USA, Belgium, the UK, Germany, Israel and India.
About Pathlock
Pathlock is the chief in software safety and controls automation. With Pathlock, enterprises can handle all elements of entry governance by way of a single platform, throughout purposes, together with person provisioning, ongoing Person Entry Opinions, segregation of duties, management testing, and audit preparation. In the present day, most of the world’s most revered, world 2000 corporations depend on Pathlock to guard their important digital belongings from monetary, operational, regulatory and safety threats, guarantee company compliance and enhance efficiency. Our prospects have saved tens of millions in worker productiveness, labor prices, audit charges and knowledge loss prevention.
