Nearly 50% of newly added billion-dollar enterprises provide storage and cybersecurity products – Atlas VPN
Nearly 50% of newly added billion-dollar enterprises provide storage and cybersecurity products – Atlas VPN
Atlas VPN research team discovered that there had been a significant increase in new enterprise software firms in the last year, with cybersecurity and storage
According to data analyzed by Atlas VPN, there has been a significant increase in the number of newly launched enterprise software companies in Europe during the last year. Nearly 50% of the new enterprise companies provide storage or cybersecurity services.
The report shows that:
- During the last year, there had been 16 newly launched enterprise software companies in Europe
- The monetary worth of these organizations reaches 25 billion dollars combined
- 30% of the monetary value is brought by storage software companies, 17% by cybersecurity-related solutions
- In 2020, the number of billion-dollar enterprise software companies in Europe hit 44, representing a 57% growth
Hugh Taylor
Hugh Taylor is a Certified Information Security Manager (CISM). In addition to editing Journal of Cyber Policy, he writes about cybersecurity, compliance and enterprise technology for such clients as Microsoft, IBM, SAP, HPE, Oracle, Google and Advanced Micro Devices. Prior to launching his freelance writing career, he served in executive roles at Microsoft, IBM and several venture-backed technology startups.