Core Insights - Cybeats Technologies Corp. has announced a three-year contract expansion with Emerson, a leader in industrial automation, to scale the use of its SBOM Studio platform across additional business units, reflecting increased adoption of SBOM-driven security programs among large enterprises [1][2] Company Overview - Cybeats Technologies Corp. specializes in software supply chain security and SBOM management, helping organizations manage risk and comply with regulations [5] - The company's SBOM Studio platform provides comprehensive visibility and transparency into software supply chains, enhancing operational efficiency and revenue [5][6] Industry Trends - The global SBOM market is projected to reach approximately US$1.318 billion by 2025, growing at a compound annual growth rate of 24% from 2025 to 2033, driven by regulatory mandates and increased software supply chain risks [3] - Demand for SBOM solutions is primarily coming from large enterprises in North America and Western Europe, supporting Cybeats' strategy to focus on large-enterprise engagements [3] Contract Significance - The contract extension with Emerson signifies a meaningful renewal and expansion milestone for Cybeats, aligning with global market growth and reinforcing the company's traction within the Fortune 500 [2][3] - Emerson's decision to expand its engagement with Cybeats highlights the strong return on investment (ROI) delivered through operational efficiency, regulatory compliance, and improved software transparency [3]

Core Insights - Cybeats Technologies Corp. has appointed Tejinder Kaushik to its board of directors, effective immediately, enhancing its leadership in software supply-chain security [1][2] Company Overview - Cybeats Technologies Corp. specializes in Software Bill of Material (SBOM) management and software supply chain intelligence, helping organizations manage risk, meet compliance requirements, and secure their software throughout its lifecycle [4] - The company's platform provides comprehensive visibility and transparency into software supply chains, enabling improved operational efficiency and alignment with current and future regulations [4] Leadership Experience - Tejinder Kaushik brings over 25 years of global executive experience, focusing on aligning technology strategy with business objectives and strengthening cybersecurity governance [2] - His previous roles include Senior Vice President and Head of Information Technology at Chemtrade Logistics, where he oversaw enterprise-wide IT operations, including cybersecurity and digital transformation [2] Industry Context - The demand for SBOMs is increasing due to new regulatory frameworks and best practices in the software and cybersecurity industries, making SBOM adoption essential for organizations [3] - Regulatory mandates such as the U.S. Executive Order 14028 and the EU's Cyber Resilience Act are pushing organizations toward mandatory SBOM implementation to mitigate software supply chain risks [3] Strategic Focus - Cybeats aims to help enterprises not only comply with regulations but also thrive by building resilient and transparent software supply chains [3] - The company emphasizes the importance of proven risk reduction, transparent compliance, and trust in vendor relationships as key factors for enterprise customers when evaluating solutions [3] Product Features - Cybeats SBOM Studio offers a management solution for the software security lifecycle, helping organizations document and track third-party components [5] - Key features include AI-driven SBOM enrichment for enhanced usability, real-time vulnerability monitoring, regulatory compliance support, and scalable enterprise deployment [6]