PAS Global announces growth heading into 2019 | Automation.com

PAS Global announces growth heading into 2019

PAS Global announces growth heading into 2019

February 7, 2019 -- PAS Global, LLC, the solution provider of industrial control system (ICS) cybersecurity, process safety, and asset reliability in the energy, power, and process industries, announced record 121 percent growth in the company's cybersecurity business in 2018. PAS Cyber Integrity protects the industrial control systems (ICS) that operate the world's critical infrastructure against cyberattacks. Cyber Integrity provides the most comprehensive inventory of the ICS, beyond what is visible using network monitoring solutions. It enables companies to identify vulnerabilities, detect unauthorized change, and address compliance requirements to reduce ICS cybersecurity risks and improve process safety.

2018 highlights include:

  • Revenue growth: PAS grew ICS cybersecurity annual revenue by 121 percent with new customers in the oil and gas, refining, petrochemical, and power industries.
  • Worldwide expansion: In support of regional growth, PAS has opened new offices and expanded presence in Saudi Arabia, United Arab Emirates, Ireland, Germany, Spain, South Korea, and India. PAS also expanded its corporate headquarters and sales offices in Houston by 60 percent.
  • Technology releases: PAS released Cyber Integrity 6.0 delivering continuous vulnerability management for real-time, comprehensive visibility into ICS vulnerability risks.
  • Expansion of the executive leadership team: In December 2018, PAS announced the addition of Tim Taylor as Chief Financial Officer. Taylor joins PAS from Paradigm and brings over 18 years of progressive experience in finance and operations management.
  • Industry accolades: In 2018, PAS received the Frost & Sullivan North American Technology Innovation Award for its Cyber Integrity software.
  • Employee base: In 2018, the PAS employee base grew by 20 percent YOY with a 32 percent growth in R&D.

About PAS
Founded in 1993, PAS is a provider of software solutions for ICS cybersecurity, process safety, and asset reliability to the energy, process, and power industries worldwide. PAS solutions include industrial control system cybersecurity, automation asset management, IPL assurance, alarm management, high performance HMI, boundary management, and control loop performance optimization.

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