Helsinki, Finland - December 08, 2022 - A major global manufacturing company has selected SSH's PrivX IT/OT convergence solution to support and automate their access management processes and increase the overall security of their production facilities and IT.
With a total value of more than EUR 1.2 M, the deal consists of licenses, support, and professional services. Approximately half of the transaction will be recognized in Q4 2022, and the remainder over the next five years.
A new major manufacturing customer strengthens SSH's position as a trusted provider of cybersecurity services for multinational heavy industry and operational technology. The deal is in line with SSH's land and expand strategy, where we expect the value of the order to increase in the future.
Automation, safety, and operational continuity
The customer was searching for a solution that would automate their access management processes and increase the overall security of production facilities. Today cybersecurity goes beyond organizational boundaries, so our mission was also to increase security in the management of the subcontracting teams and reduce the overall risk related to shared passwords in the organization.
"This new customer demonstrates how PrivX has established itself as the leading next-generation Zero Trust solution for operational technology and critical infrastructure in the global PAM market. The manufacturing industry is undergoing dramatic digital transformations because of the Industrial Internet of Things. Cybersecurity of operational technology is not just about insurance and protection against cyber-attacks anymore. It is, above all, about ensuring the safety of business continuity and the capability to deliver long-term customer promises, and we are happy to help our customers achieve these," says SSH's CEO Teemu Tunkelo.
PrivX is a next-generation Privileged Access Management solution
PrivX is a lean, quick-to-implement, and easy-to-use access management solution for privileged access in on-premise, hybrid, and cloud environments. PrivX helps clients flexibly enable, monitor, and control access to critical infrastructure, production assets, and data according to user roles and privileges (RBAC).
PrivX also automates processes, improves governance and compliance, strengthens supply chain security and secure access of 3rd party players, and compounds management of on- and off-site secure access to IT/OT targets in hybrid environments.
For more PrivX information, please visit: Privileged Access Management Software Solution - PrivX | SSH
For more PrivX OT information, please visit: PrivX OT Edition
For further information, please contact:
Teemu Tunkelo, CEO, tel. +358 40 5499605, email teemu.tunkelo@ssh.com
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www.ssh.com
About SSH
SSH helps organizations safeguard their mission-critical digital assets at rest, in transit, and in use. We have 5,000+ customers worldwide, including 40 percent of Fortune 500 companies and major organizations in the Finance, Government, Retail, and Industrial segment. We are committed to helping our customers secure their business in the age of hybrid cloud and distributed IT and OT solutions. Our Zero Trust solutions offer safe electronic communications and secure access to servers and between servers. Our teams in North America, Europe, and Asia, along with a global network of certified partners, ensure customer success. The company's shares (SSH1V) are listed on Nasdaq Helsinki. www.ssh.com.
