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Wallix announces four-year strategic growth plan

European cybersecurity software company Wallix has announced its new strategic growth plan titled Unicorn 25 as the group embarks on a new growth phase.

As part of its four-year plan, Wallix hopes to expand the channel to take the firm into a new era of development, and has set a target to reach €100m in turnover by 2025.

The firm said it aims to consolidate its leadership in Europe, extend its footprint in the North American market, and offer additional support and enablement by providing Wallix cyber experts to work in the field alongside major integrators. 

“This ambitious strategy driven by our new Unicorn 25 plan aims to respond to the security challenges associated with digital transformation,” said Jean-Noël de Galzain, chairman of the Wallix Group management board.

The company also plans to implement an alliance strategy with Industry 4.0 players, managed shared service providers and its technology partners to increase reach and distribute offers that integrate Wallix’s solutions.

“This is a great opportunity for Wallix to scale up and become a global leader in digital security, with the goal of reaching €100 million in turnover by 2025 and delivering an operating margin at the high end of industry standards,” Galzain continued. “Spearheading digital corporate responsibility, Wallix seeks to build a trusted digital world and to be a structuring player in the cybersecurity sector in Europe.”

With a turnover of €20m in 2020, Wallix said it aims to increase its international turnover by a factor of 7.5 by the end of the Unicorn 25 plan.