LEXINGTON, Mass. — January 25, 2011—Imprivata, the #1 independent single sign-on and access management provider for healthcare and other regulated industries, achieved record growth in 2010, with 30% year-over-year bookings growth and its most significant year-end numbers to date, reaching 38% percent total bookings growth and 96% services bookings growth quarter over quarter in Q4. Supported by industry recognition, the achievements were fueled by momentum within the healthcare sector, enhancements to the Imprivata OneSign® product line, geography expansion and new and evolving partnerships. Imprivata is well-poised to continue its role as the leader in single sign-on and access management in 2011, focused on the healthcare, government, financial services markets.
The company’s unprecedented growth can be largely attributed to a sharp increase in demand within the U.S. healthcare industry, where clinician access to electronic patient information has proven to be a critical enabler for meeting government requirements for Meaningful Use of electronic medical records (EMR). Similar shifts to electronic records in countries around the world also contributed to a significant spike in Imprivata’s healthcare customer base. With more than 1.2 million healthcare licenses, Imprivata is accelerating EMR adoption amongst clinicians through fast, secure access to patient information, regardless of location. Its signature product, Imprivata OneSign, simplifies and streamlines access and authentication workflows, addressing the challenges that come with accessing patient information in various locations while meeting government regulations.
“2010 was an outstanding year by all accounts, particularly in light of how market demands and our solutions are aligning,” said Omar Hussain, president and CEO of Imprivata. “The real opportunity lies ahead, as more and more hospitals in the U.S. look to accelerate EMR adoption and healthcare providers around the world are driven to provide fast and secure access to electronic health records.”
The following developments helped fuel Imprivata’s 2010 record growth:
Industry Recognition – Third party organizations clearly defined Imprivata as the number one healthcare single sign-on (SSO) and access management solution:
The Company was also deemed a SSO and authentication leader and innovator across industries with the following accolades:
Product Innovation – In 2010 Imprivata released four major new product innovations:
Organizational Expansion and Developments – A longstanding leader in North America and Western Europe, Imprivata extended its presence to the Middle East in October 2010. The Company also launched a dedicated federal government division, designed to support the government’s unique authentication and access management needs. Imprivata also bolstered its management team with the following appointments:
Partnerships - The company’s strong partnerships with market leaders have also played a key role in its rapid growth over the past 12 month.
Customer Recommendations – Imprivata customer recommendations demonstrate the increasing business value of SSO and authentication:
With more than one million healthcare users, Imprivata is the #1 independent provider of single sign-on and access management solutions for healthcare, government, finance and other regulated industries. By strengthening user authentication, streamlining application access and simplifying compliance reporting across multiple computing environments, customers realize improved workflows, increased security and compliance with government regulations.
Imprivata has received numerous product awards and top review ratings from leading industry publications and analysts, including a Strong Positive rating in Gartner’s 2010 ESSO Marketscope, the #1 ranking in the KLAS SSO Performance report and the #1 rating in 2010 Best in KLAS and Category Leaders report. Headquartered in Lexington, Mass., Imprivata partners with over 200 resellers, and serves the access security needs of more than 1,100 customers around the world. For more information, please visit www.imprivata.com or follow us on Twitter at @Imprivata.
Imprivata is a registered trademark of Imprivata, Inc. in the USA and other countries. All Imprivata products are trademarks of Imprivata, Inc. in the USA and other countries. All other product or company names mentioned are the property of their respective owners.