CyberArk Collaborates With Accenture To Deliver Advanced Privileged Access Management Solutions For Clients
Portfolio Pulse from Benzinga Newsdesk
CyberArk (NASDAQ:CYBR) has announced that Accenture (NYSE:ACN) has expanded its deployment of the CyberArk Identity Security Platform to include CyberArk Privilege Cloud. This solution allows Accenture to control and monitor privileged access across various infrastructures for clients and their own IT environment. Accenture will also incorporate CyberArk Privilege Cloud into its own cyber defense strategy.
September 20, 2023 | 12:34 pm
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POSITIVE IMPACT
Accenture's expanded deployment of CyberArk's solutions could enhance its cybersecurity offerings and potentially attract more clients.
By expanding its deployment of CyberArk's solutions, Accenture is enhancing its cybersecurity offerings. This could potentially attract more clients and positively impact Accenture's stock price in the short term.
CONFIDENCE 80
IMPORTANCE 60
RELEVANCE 70
POSITIVE IMPACT
Accenture's expanded use of CyberArk's Identity Security Platform and Privilege Cloud could potentially increase CyberArk's revenue and market presence.
Accenture's expanded deployment of CyberArk's solutions not only validates the effectiveness of CyberArk's products but also potentially increases its revenue and market presence. This could positively impact CyberArk's stock price in the short term.
CONFIDENCE 80
IMPORTANCE 70
RELEVANCE 80