Saviynt, a provider of identity security solutions, announced significant business momentum, surpassing $300 million in annual recurring revenue while growing bookings by more than 80% and maintaining a 96% customer retention rate. It also launched Zuma, a complete AI identity security platform that provides organisations with an innovative, agile, and effective solution to adopt, deploy, and scale AI solutions.
Saviynt’s financial achievements reflect the growing demand for modern identity security, especially with the challenges caused by the rapid utilisation of AI. Saviynt developed Zuma after working closely with some of the world’s pioneer organisations and understanding that AI agents, LLMs, AI-based applications, and non-human identities are multiplying across business functions, yet often without effective oversight. With the launch of Zuma, enterprises can now implement a complete, real-time, intent aware identity security solution purpose built for AI.