Portugal as a growth vector: BitSight co-founder takes the lead in the EMEA market from Portugal
Nobody denies that, despite all the shortcomings, Portugal is already a very attractive market for talent recruiters and a growth of companies in the EMEA space, thanks to its priority today in Atlantic position and European strategy. An example of this is BitSight, a leading security ratings company, which announced a move to Lisbon by its co-founder, Stephen Boyer. It will be from the Portuguese capital that Boyer will lead the growth strategy for the entire European, Middle East and Asia market.
“O Stephen is a pioneer in the cybersecurity industry and we look forward to him bringing his technical and market knowledge as we expand our global business in EMEA.”said Stephen Harvey, CEO of BitSight. BitSight is transforming the way organizations measure and manage risk so that they “originate more confidently in the digital economy. Stephen will be instrumental in strengthening EMEA’s risk leadership so that it can bring new analytics and quantification capabilities to our clients. Congratulations to Stephen for this incredible opportunity; Excited about the future and optimistic about our steady and continued growth in EMEA“.
Boyer has an enviable track record, dating back to his time at the Lincoln Laboratory at MIT, where he was part of the Cyber Systems and Technology Group and led R&D programs to solve security problems on a national scale. Before that he founded Caldera Systems which went public in 2000 and even before founding BitSight in 2011 he was also a co-founder of Saperix. He is Chair of the MIT Federal Credit Union Oversight Committee, where he has been a member of the committee for 18 years.
What does Boyer have to say about his move to Lisbon?
“I am excited to take on this exciting new role during this period of growth and global BitSight.“, said Stephen Boyer. “BitSight Risk has set a fascia by anticipating the quantification of cybersecurity and the management of new markets and markets. We have a history of innovation, pioneering and leading the market since our founding. How our teams are constantly evolving and opportunities for expansion as our analytical and risk quantification capabilities to better serve clients and transform the way the global market measures, quantifies and manages cyber risk“.
Of course, BitSight is currently experiencing a golden moment. Anticipating a future where the quantification of cybersecurity would be central to many companies, the company was at the right time and with full competences to guide others in the post-pandemic era with the steam computing revolution. It will be from Portugal that the company will respond, from now on, to the growing market for its solutions and services, continuing to send that it saw its Annual Recurring Revenue (ARR) grow 40% in 2021.