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 solutions such as SailPoint, Oracle, CA, and SAP. As the limitations of legacy point products 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.
Back to Blog
