Leading the Identity Security Transformation: Saviynt’s Momentum into 2025

It’s an exciting time at Saviynt—we are at the forefront of a global identity security transformation. In 2024, we achieved remarkable success, empowering organizations to transition from legacy providers such as SailPoint, Oracle, CA, and SAP. As the limitations of legacy point solutions become increasingly evident, enterprises across industries are choosing Saviynt’s converged, cloud-native identity security platform, The Identity Cloud, to secure their evolving digital landscapes.

2024 Performance Highlights

Our growth and financial performance reflect our leadership in identity security:

• Year-end 2024 ARR: Up over 35% year-over-year
• Subscription Revenue: Accounted for 88% of total revenues
• New SaaS ACV Bookings: Approximately $60 million, up more than 35% year-over-year
• Contracted Gross Retention Rate (GRR): Exceeded 95%, or 98% when excluding downsell
• Net Revenue Retention (NRR): Increased from 104% to 111%
• Subscription Gross Margin: Reached nearly 80%
• Profitability: Achieved positive cash EBITDA for the fiscal year

With this extraordinary momentum, we started 2025 energized and aligned. We felt this energy at our recent Sales Kickoff (SKO).

SKO 2025: Elevating Identity Security

CEO Sachin Nayyar opened the event talking about how we are building the company of our dreams. He highlighted the strength and passion of our formidable team, the expansion of our strategic partnerships, and the compelling enhancements to our converged platform. 

Throughout this year’s SKO, we heard clearly how Saviynt is pioneering progress from all fronts, and why Saviynt has risen as the preferred choice for organizations seeking a comprehensive, cloud-first identity security solution. 

Key Themes Driving Our Vision for 2025

Customer Obsession: A Relentless Commitment to Excellence 

We are extremely proud that the 2024 Gartner Peer Insights Customers’ Choice for Identity Governance and Administration recognized Saviynt as a Customers’ Choice - for a 4th consecutive year. We alone hold that record amongst our competitors. Our focus on customer success is unwavering, and in 2025, we are rolling out new features and programs to enhance security at scale, with greater speed and comprehensiveness than ever before.

Strengthening Partnerships: A Converged Approach to Identity Security 

We have been a partner-first company from the start, and we were thrilled to have the opportunity to celebrate our Global Partner Network at SKO. We team up with the most trusted names in the industry to deliver a seamlessly built-in and full-featured identity security platform. As the only cloud-native converged identity security platform, we provide a single pane of glass to manage identities. This year, we’re redoubling our commitment to offering best-in-class capabilities together with our partners, ensuring our customers are protected against evolving threats. 

Product Superiority: Advancing Intelligent Identity Security at Scale for Business Success

Our innovation engine is revving on all cylinders. As other companies rest on their laurels, we have ambitious plans to deliver exciting new capabilities to drive value for our customers and support their business growth. We are leading the charge in key areas:

• Expanding our identity security platform to meet rapidly changing business requirements. With the sudden explosion of identities and surge in identity attacks, legacy identity tools that worked in the past have become a hindrance today. Saviynt’s cloud-native identity security platform was architected from the start to scale and grow with enterprises into the future.  
• Elevating identity management to drive business agility and efficiency at scale. Organizations have paid the price with legacy solutions for too long—higher costs, labor-intensive processes, dissatisfied customers, stunted growth. Our converged platform provides a single pane of glass that simplifies and streamlines functionality, enabling enterprises to do more with less resource spend. 
• Pioneering next-generation identity security and compliance — while improving productivity. In a world where security has become paramount, many organizations struggle with outdated tools that lack visibility and intelligent controls. This leaves them at risk of audit and compliance failure, and vulnerable to attack. Saviynt is empowering companies with a single ai-centric platform with comprehensive insights for all security risks across all identity types and apps. This is how we lead. 

Saviynt announced an exciting vision for team members, partners and customers at the 2025 SKO.

Looking Ahead

As identity security keeps evolving, Saviynt remains focused on innovation to amplify our customers’ success. And I want to celebrate the passion and dedication of our teams and expanding partner ecosystem that will drive this innovation forward. 

Stay connected with the Saviynt team as we lead the industry in shaping the future of identity security in 2025 and beyond. 

Click here to learn more about The Identity Cloud.