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Business Scoop » Nozomi Networks Tops 100% Revenue Growth

Press Release – Nozomi Networks Nozomi Networks Inc., the leader in OT and IoT security, today announced record 2020 growth and tremendous momentum moving into 2021. As industrial and critical infrastructure cybersecurity threats made operational resilience a top priority for large enterprises … Fuelled by 2020’s accelerated pace of industrial digitisation, the company’s market share hit 50% in key industrial verticals Nozomi Networks Inc., the leader in OT and IoT security, today announced record 2020 growth and tremendous momentum moving into 2021. As industrial and critical infrastructure cybersecurity threats made operational resilience a top priority for large enterprises around the world, the company experienced 110% growth in annual recurring revenue (ARR) and doubled its customer base with a 90% increase in new customer revenues. The COVID-19 pandemic has accelerated digital transformation, sped industrial connectivity and driven requirements to support remote work

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