High Wire Networks Reports 10% Gross Profit Uplift Amid Strategic Transformation and Technology Investments
Globenewswire·2025-04-24 12:30

Core Insights - High Wire Networks, Inc. reported a 10% increase in gross profit over the past 90 days, attributed to strategic execution, operational discipline, and a focus on AI-driven automation [1][3]. Company Strategy - The company has undergone organization-wide strategic transformation initiatives, refining its go-to-market approach, accelerating partner engagement, and deploying hyperautomation tools [2]. - High Wire's strategic reset has resulted in measurable improvements, highlighting the effectiveness of operational discipline and AI integration [3]. Cybersecurity Operations - Over the past 90 days, High Wire's Overwatch monitored over 6 million security events, flagging over 107,000 as potential threats, with 6,360 confirmed as real threats [4]. - The Overwatch strategy is designed to address complex cyberattacks by bundling critical capabilities and embedding automation into service offerings [3]. Partner Ecosystem - Recent enhancements to the partner ecosystem include expanded automation for sales enablement and streamlined service onboarding, positioning the company for scalable growth [5]. - The integrated approach resonates with the market, providing partners and customers with a competitive advantage [5]. Future Plans - The company plans to continue investing in AI-enabled services, enhancing partner tools, and expanding its professional services portfolio [6]. Industry Recognition - High Wire Networks was ranked as a Top 15 Managed Security Service Provider in the Americas for 2024 by Frost & Sullivan and featured in CRN's MSP 500 and Elite 150 lists for 2023 and 2024 [8].

High Wire Networks Reports 10% Gross Profit Uplift Amid Strategic Transformation and Technology Investments - Reportify