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Cybeats Technologies Corp. Secures Contract with Global Automotive Parts Manufacturer
TMX Newsfile· 2026-03-17 11:00
Core Insights - Cybeats Technologies Corp. has secured a contract with a global automotive parts manufacturer to enhance software supply chain risk management and SBOM operations [1][2] - This engagement marks Cybeats' entry into the automotive sector, focusing on structured SBOM intake, analysis, and governance workflows [2][5] Company Overview - Cybeats is a cybersecurity company specializing in Software Bill of Materials (SBOM) management and software supply chain intelligence, aimed at helping organizations manage risk and comply with regulations [6] - The company's platform provides visibility and transparency into the software supply chain, improving operational efficiency and aligning with current and future regulations [6] SBOM Platform Features - The SBOM Studio serves as the enterprise management layer for the software security lifecycle, enabling organizations to monitor third-party and open-source components [8] - SBOM Consumer allows organizations to analyze and validate incoming SBOMs, enhancing transparency and risk management across the supplier ecosystem [9] Industry Context - Automotive manufacturers face increasing pressure to manage software risk due to complex supplier ecosystems and regulatory requirements, particularly with the upcoming EU Cyber Resilience Act [4][5] - The adoption of SBOMs is becoming essential for procurement, product security, and compliance teams in highly regulated markets [4]
Cybeats Technologies Corp. Announces Contract Expansion with Emerson
TMX Newsfile· 2025-12-29 13:22
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]