Thycotic Opens Australian Datacenter to Support Demand for Cloud-based Privileged Account Management

WASHINGTON, Nov. 29, 2018 /PRNewswire/ -- Thycotic, provider of privileged account management (PAM) solutions for more than 10,000 organizations worldwide, today announced the launch of a new datacenter in Canberra, Australia. The new datacenter supports rapid growth of Thycotic's cloud-based security solutions worldwide. The company also recently announced tremendous growth of its cloud business, led by 240 percent year-over-year sales growth for its PAM as a service offering.

With options for cloud hosting in all major regions worldwide, Thycotic's cloud customers can reduce regulatory compliance burdens and meet requirements to keep data in their home region. Within Australia, rapid growth for cloud services is supported by the government's Secure Cloud Strategy, which recommends government agencies should consider transitioning to cloud at critical refresh points.

"We see enormous demand and rapid adoption of cloud-based security solutions in APAC to lower costs and management time," said Jai Dargan, VP of Product Management at Thycotic. "We are committed to empowering companies of all types and geographies with comprehensive, cloud-based privilege security and we'll be continuing to expand our datacenters and hosting options."

Thycotic's cloud-based PAM solution is delivered by Microsoft Azure Cloud Services for maximum security, availability and redundancy. Azure has been certified by the Australian government as a cloud service provider acceptable for hosting classified and non-classified government systems and information.

"Being able to offer a cloud service hosted within Australian borders is critical. We've already seen the huge success of our PAM cloud services being consumed in North America and Europe and it's great to be able to now address data sovereignty concerns by hosting Thycotic Secret Server in the highly secure Canberra Datacentre," added Andrew McAllister, APAC Regional Director, Thycotic.  

Organizations can experience Thycotic's cloud-based privileged account management solution, Secret Server Cloud, with a free, 30-day trial.

About Thycotic

The easiest to manage and most readily adopted privilege management solutions are powered by Thycotic. Thycotic's security tools empower over 10,000 organizations, from small businesses to the Fortune 500, to limit privileged account risk, implement least privilege policies, control applications, and demonstrate compliance. Thycotic makes enterprise-level privilege management accessible for everyone by eliminating dependency on overly complex security tools and prioritizing productivity, flexibility and control. Headquartered in Washington, DC, Thycotic operates worldwide with offices in the UK and Australia. For more information, please visit www.thycotic.com.

SOURCE Thycotic

Related Links

http://www.thycotic.com

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