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Cybeats Announces Engagement with Global ‘Smart Manufacturing’ Leader; Provides Commercial Update Highlighting 237% MRR Growth

Cybeats Technologies has experienced significant commercial growth, as evidenced by a 237% increase in monthly recurring revenue from January 2023. The firm’s SBOM Management solution is now being used by four of the world’s ten largest Industrial Control Systems companies. The firm’s average contract value has trebled that of other enterprise SaaS products, reaching over $700,000. A rising share of pilot evaluations are leading to licenses, while up to 78% of SBOM Studio clients are Fortune 500 companies.

Source: www.prnewswire.com –

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