Tenable was founded in 2002 as Tenable Network Security, inc. It is well known as the creator of the vulnerability scanning software Nessus, where in the very beginning it was open source until being closed source. In 2018 public listed. If you follow the cybersecurity industry for long, you will notice that since 2012 Tenable tapped venture capital funding and started their expansion, and till 2022, the existing portfolio can Tenable portfolio from vulnerability to exposure management.
Cybersecurity when zoom in or zoom out for a more holistic perspective, emerging technology keeps introducing and new one keeps replacing old one. Traditional computing is moving from client and server to web, and now cloud computing.
Different vendors in the same field have different journeys for their change, some enter into penetration testing, SIEM, while others take a different path of their journey. Nothing is right or wrong. The Cybersecurity domain is used to having a lot of specialist vendors focus on delivering what they do best and get things done. With the moving toward cloud, and consumption and usage model like utility, it matters for market consolidation to take place and remain the few, as some market analysts expected. For those who either continue to be specialists and make their solution can work with all the products in the market, such as via the API or make it easy to import and export other products format.
With the recent acquisition and Tenable entering the attack surface management (ASM) market, you can visualize how the new Tenable portfolio has evolved and become. We expect to see more acsutistion to take place, to fill in the gap for the single platform service provider proposition. Since it is a subscription, customer data is locked-in, the longer the customer uses, the better the value proposition will be. To a certain extent, it creates a sticky effect and makes it harder for the customer to shift to others. Since Adobe created the creative suite subscription, it changed the world for the way licensing works. For the next couple of years, we may expect to see more change along the way.
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