Report
Katherine Thompson

- Positive bookings momentum

Osirium reported strong growth in bookings in H117, signing up eight new blue-chip customers and renewing and expanding contracts with six existing customers. The company’s strategy to access the mid-market via the channel is well underway and should start to materially contribute to bookings from early next year. The cost base reflects recent investment in sales and marketing and R&D; with the core teams now in place the company is in a position to drive growth in both the enterprise and mid-market.
Underlying
Osirium Technologies

Osirium Technologies and its subsidiary are engaged as a U.K. based cyber-security software provider that protects critical information technology ("IT") assets, infrastructures and devices by preventing targeted cyber-attacks from directly accessing Privileged Accounts, removing unnecessary access and powers of Privileged Account users, deterring legitimate Privileged Account users from abusing their roles and containing the effects of a breach if one does happen.

Provider
Edison Investment Research
Edison Investment Research

Edison is an investment research and advisory company, with offices in North America, Europe, the Middle East and AsiaPac. The heart of Edison is our world renowned equity research platform and deep multi-sector expertise. At Edison Investment Research, our research is widely read by international investors, advisors and stakeholders. Edison Advisors leverages our core research platform to provide differentiated services including investor relations and strategic consulting.

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Analysts
Katherine Thompson

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