2024 at a Glance

Date: 2024-11-13
Author: P-A Fjärdsäter, CFO

133 resellers spread across different regions, 10 of those added this year. As phishing-resistant authentication increasingly becomes a focal point among decision-makers, we see rising demand for our products worldwide. Some of these partners represent independent consulting companies, adding our products to their portfolio, to efficiently deliver seamless IAM integration to their clients.

Our software now has management capabilities exclusively for FIDO passkeys in addition to PKI, putting Versasec at the forefront of its industry. This is something our customers have sought after and they express great appreciation and enthusiasm for the added value these features bring. Read more about this in 6.12 release news.

550 customers worldwide, each excelling in their core business yet facing challenges with secure access, authentication and integration— finding an ideal solution in our products. One of our latest customers comes from Ethiopia, adding a new country for Versasec’s products, bringing our total reach to 61 countries across all years!

93 months in customer lifetime – Versasec broke new records this year with some of our oldest customers remaining with us, due to continuously delivering excellent products and services. We’re happy to meet and exceed their expectations.

2024 Milestone Stories

Behind each milestone lies multiple stories that inspire and remind us why we work hard every day to support our customers worldwide.

vSEC:CMS at Sea: Versasec is experiencing growth across multiple global regions, which include military organizations and defense manufacturers expanding their engagements. Our air-gapped capability continues to stand out as a significant differentiator. Over the past year, we have delivered more than 25 systems within this sector, with additional deployments on the horizon.

vSEC:CLOUD Growth: In the past year, Versasec has seen a 200% customer growth for vSEC:CLOUD. Customers enjoy premium support and regular planned upgrades to always utilize the latest version, as well as getting access to all the latest features and the most secure version of vSEC:CMS. Being able to cater to the wants and needs of the customers, like using new cards or tokens in parallel with current ones, is straightforward with our product.

“Some of our new customers are using a credential management system for the first time and it has been such a joy to see how these customers grow with our products and us alongside them. Customers who ask for features and professional support are great for our teams in learning to support our customers better. It is very fulfilling to see the relief and positive response we get from customers when we interact with them, as we support their diverse ecosystems,” added Ellen Thorén, Head of vSEC:CLOUD Operations.

Customers on vSEC:CLOUD have migrated from a variety of systems and the experience Versasec has from having built migration paths from several major CMS vendors has proven highly valuable to support easy migration for our customers.

Thank You

Thank you to all our technology partners, who work hard to bring the best security devices, HSMs, IdPs, printers, and certificates to market. Also for working alongside us to create the best possible integrations with our products, so our clients don’t have to. The powerful integrations created provide the reliable products our customers need to continue to thrive in their businesses and core purpose.