Cybeats Secures New Enterprise Contract with Emerson, a Global Leader in Industrial Automation
Cybeats Technologies announces a significant contract expansion with Emerson Electric (NYSE: EMR), doubling the number of software assets managed through Cybeats' solutions. The expanded agreement, effective April 1, 2025, strengthens Emerson's cybersecurity posture and SBOM management strategy.
Dave Berndt, Product Security Officer for measurement instrumentation at Emerson, emphasized the importance of securing their product supply chain through Cybeats' SBOM Studio, which provides visibility and automation for addressing security challenges at scale. This marks Emerson's second expansion of their license with Cybeats.
The expansion reflects Cybeats' strong performance in client retention, demonstrated by their 148% net revenue retention rate. The SBOM Studio platform helps organizations identify and manage software risks, streamline regulatory compliance, and enhance supply chain transparency.
Cybeats Technologies annuncia un'importante espansione del contratto con Emerson Electric (NYSE: EMR), raddoppiando il numero di asset software gestiti tramite le soluzioni di Cybeats. Il nuovo accordo, valido dal 1° aprile 2025, rafforza la postura di sicurezza informatica di Emerson e la strategia di gestione SBOM.
Dave Berndt, Responsabile della Sicurezza dei Prodotti per la strumentazione di misura presso Emerson, ha sottolineato l'importanza di proteggere la catena di fornitura dei prodotti grazie a SBOM Studio di Cybeats, che offre visibilità e automazione per affrontare le sfide di sicurezza su larga scala. Questa è la seconda espansione della licenza di Emerson con Cybeats.
L'espansione riflette l'ottima performance di Cybeats nella fidelizzazione dei clienti, dimostrata dal tasso di retention del fatturato netto del 148%. La piattaforma SBOM Studio aiuta le organizzazioni a identificare e gestire i rischi software, semplificare la conformità normativa e migliorare la trasparenza della catena di fornitura.
Cybeats Technologies anuncia una importante expansión del contrato con Emerson Electric (NYSE: EMR), duplicando la cantidad de activos de software gestionados mediante las soluciones de Cybeats. El acuerdo ampliado, vigente a partir del 1 de abril de 2025, fortalece la postura de ciberseguridad de Emerson y su estrategia de gestión SBOM.
Dave Berndt, Responsable de Seguridad de Producto para instrumentación de medición en Emerson, destacó la importancia de asegurar su cadena de suministro de productos mediante SBOM Studio de Cybeats, que proporciona visibilidad y automatización para abordar desafíos de seguridad a gran escala. Esta es la segunda ampliación de la licencia de Emerson con Cybeats.
La expansión refleja el sólido desempeño de Cybeats en la retención de clientes, demostrado por su tasa de retención neta de ingresos del 148%. La plataforma SBOM Studio ayuda a las organizaciones a identificar y gestionar riesgos de software, simplificar el cumplimiento regulatorio y mejorar la transparencia de la cadena de suministro.
Cybeats Technologies는 Emerson Electric (NYSE: EMR)과의 계약을 대폭 확장하여 Cybeats 솔루션을 통해 관리되는 소프트웨어 자산 수를 두 배로 늘렸다고 발표했습니다. 2025년 4월 1일부터 발효되는 이번 확장 계약은 Emerson의 사이버 보안 태세와 SBOM 관리 전략을 강화합니다.
Emerson의 측정 기기 제품 보안 책임자인 Dave Berndt는 Cybeats의 SBOM Studio가 대규모 보안 문제를 해결하기 위한 가시성과 자동화를 제공함으로써 제품 공급망 보안의 중요성을 강조했습니다. 이번 계약 확장은 Emerson이 Cybeats와 체결한 두 번째 라이선스 확장입니다.
이번 확장은 Cybeats가 고객 유지를 얼마나 잘하고 있는지를 보여주는 148%의 순수익 유지율에 힘입은 것입니다. SBOM Studio 플랫폼은 조직이 소프트웨어 위험을 식별하고 관리하며, 규제 준수를 간소화하고 공급망 투명성을 향상시키는 데 도움을 줍니다.
Cybeats Technologies annonce une extension significative de son contrat avec Emerson Electric (NYSE : EMR), doublant le nombre d'actifs logiciels gérés via les solutions de Cybeats. L'accord étendu, effectif à partir du 1er avril 2025, renforce la posture de cybersécurité d'Emerson ainsi que sa stratégie de gestion SBOM.
Dave Berndt, responsable de la sécurité produit pour les instruments de mesure chez Emerson, a souligné l'importance de sécuriser leur chaîne d'approvisionnement produit grâce à SBOM Studio de Cybeats, qui offre visibilité et automatisation pour relever les défis de sécurité à grande échelle. Il s'agit de la deuxième extension de licence d'Emerson avec Cybeats.
Cette extension reflète la forte performance de Cybeats en matière de fidélisation client, démontrée par un taux de rétention nette des revenus de 148 %. La plateforme SBOM Studio aide les organisations à identifier et gérer les risques logiciels, à simplifier la conformité réglementaire et à améliorer la transparence de la chaîne d'approvisionnement.
Cybeats Technologies kündigt eine bedeutende Vertragserweiterung mit Emerson Electric (NYSE: EMR) an, wodurch die Anzahl der durch Cybeats-Lösungen verwalteten Software-Assets verdoppelt wird. Die erweiterte Vereinbarung, die ab dem 1. April 2025 gilt, stärkt Emersons Cybersicherheitsstrategie und das SBOM-Management.
Dave Berndt, Product Security Officer für Messinstrumente bei Emerson, betonte die Bedeutung der Sicherung ihrer Produktlieferkette durch Cybeats' SBOM Studio, das Sichtbarkeit und Automatisierung zur Bewältigung von Sicherheitsherausforderungen in großem Maßstab bietet. Dies ist die zweite Erweiterung der Lizenz von Emerson mit Cybeats.
Die Erweiterung spiegelt die starke Leistung von Cybeats bei der Kundenbindung wider, belegt durch eine Nettoumsatzbindungsrate von 148 %. Die SBOM Studio-Plattform hilft Organisationen, Software-Risiken zu identifizieren und zu verwalten, die Einhaltung von Vorschriften zu vereinfachen und die Transparenz der Lieferkette zu erhöhen.
- Contract expansion doubles software assets managed for major client Emerson
- Second license expansion demonstrates strong client satisfaction and product adoption
- 148% net revenue retention rate indicates robust recurring revenue growth
- Expansion into critical industrial automation sector strengthens market position
- None.
Insights
Cybeats secures expanded contract with Emerson, doubling assets under management and reinforcing its 148% net revenue retention rate.
The contract expansion announced between Cybeats and Emerson represents a significant business development that validates Cybeats' product-market fit in the growing software supply chain security sector. Emerson has doubled the number of software assets managed through Cybeats' SBOM Studio platform, marking their second license expansion with the company.
What's particularly noteworthy is Cybeats' 148% net revenue retention rate, an impressive metric that demonstrates the company's ability to not just retain customers but significantly expand relationships over time. This expansion pattern reveals the successful execution of a "land and expand" business strategy - where clients test solutions with smaller implementations before committing to broader enterprise deployment.
The timing aligns perfectly with intensifying regulatory pressures around software supply chain security in industrial environments. Emerson's Product Security Officer explicitly highlighted the need for visibility and automation to address these challenges at scale, positioning SBOM management as a critical component of modern cybersecurity infrastructure.
While the article doesn't disclose specific financial figures for this contract, the expansion pattern is material for a company of Cybeats' size. Each enterprise client that increases their deployment represents substantial recurring revenue growth with minimal customer acquisition costs compared to winning new logos. This healthy expansion pattern suggests Cybeats has achieved product-market fit with enterprise customers in critical infrastructure sectors.
Toronto, Ontario--(Newsfile Corp. - April 28, 2025) - Cybeats Technologies Corp. (CSE: CYBT) (OTCQB: CYBCF) ("Cybeats'' or the "Company"), a leading provider of software supply chain security solutions, announces a significant contract expansion with Emerson Electric Co. (NYSE: EMR) ("Emerson"), a global leader in industrial automation and electrical solutions. As part of the new agreement, Emerson has doubled the number of software assets it manages through Cybeats. This expanded engagement reflects Emerson's continued commitment to advancing its cybersecurity posture.
"The regulatory landscape is evolving rapidly, and organizations must be proactive in securing their product supply chain. Cybeats' SBOM Studio delivers the visibility and automation required to address these challenges at scale. After expanding our license with Cybeats twice, we're pleased to further deepen our collaboration with Cybeats to help reinforce the security of our products and software supply chain. Cybeats has been incredibly responsive to our needs and has become a key technical supplier for our SBOM management strategy." said Dave Berndt, Product Security Officer for measurement instrumentation at Emerson.
Cybeats continues to see clients scale their engagements, progressing from initial adoption to enterprise-wide deployments. Emerson's expanded agreement from April 1, 2025 reflects this trend, reinforcing Cybeats' ability to drive recurring revenue growth and sustain long-term value at scale. This pattern of increasing contract sizes and deeper adoption is a key factor in the Company's
As cybersecurity risks intensify in frequency and severity2, and regulatory scrutiny increases across industrial and critical infrastructure sectors, forward-looking companies like Emerson are strengthening their software supply chain defenses with Cybeats. In fact, over the course of the relationship, Emerson has expanded its license with Cybeats twice highlighting the growing importance of scalable SBOM (Software Bill of Materials) management in securing the software supply chain.
"We are proud to expand our relationship with Emerson, a company at the forefront of global industrial automation innovation. This agreement is a strong signal of the increasing demand for SBOM solutions that simplify compliance, mitigate risk, and deliver transparency across the software supply chain," said Justin Leger, CEO of Cybeats.
Driving Software Security Across Critical Industries
Cybeats' SBOM Studio offers companies the ability to identify and manage software risks efficiently, streamline compliance with industry regulations, and build trust with customers and partners. As more organizations recognize the strategic importance of SBOM adoption, Cybeats remains committed to delivering cutting-edge solutions that empower businesses to secure their software supply chains with confidence.
About Emerson
Emerson (NYSE: EMR) is a global industrial technology leader that provides advanced automation. With an unmatched portfolio of intelligent devices, control systems and industrial software, Emerson delivers solutions that automate and optimize business performance. Headquartered in Saint Louis, Missouri, Emerson combines innovative technology with proven operational excellence to power the future of automation. For more information, visit Emerson.com.
About Cybeats Technologies Corp.
Cybeats Technologies Corp. (CSE: CYBT) (OTCQB: CYBCF) is a cybersecurity company providing Software Bill of Material (SBOM) management and software supply chain intelligence technology, helping organizations to manage risk, meet compliance requirements, and secure their software from procurement to development and operation. Cybeats' platform gives customers comprehensive visibility and transparency into their software supply chain, enabling them to improve operational efficiency, increase revenue, and align organizations with current and future regulations. Cybeats. Software Made Certain. Website: https://cybeats.com.
About Cybeats SBOM Studio
Cybeats SBOM Studio is the management solution for your software security lifecycle. SBOM Studio is an enterprise-class solution that helps you understand and track third-party components that are an integral part of your own software. Use SBOM Studio to document what you have and where it came from, and plan for the maintenance that will prevent security posture degradation over the life of your software. Features include:
Quality Analysis & Auto-Correction of Data - AI-Driven SBOM Enrichment automates software transparency, making SBOMs more structured, actionable, and machine-readable. Reclassify software components and applications for accuracy, verification, and enhanced usability.
Real-Time Vulnerability Monitoring - Continuous tracking of security risks from discovery to resolution, enhancing software supply chain resilience.
Regulatory Compliance & Secure Distribution - Streamlines adherence to cybersecurity mandates, simplifies audits, ensures structured data management, and enables secure SBOM sharing across stakeholders.
Scalable Enterprise Deployment - Support seamless integration across multi-tenant environments and complex supply chains, improving visibility from procurement to deployment.
Enhanced Security & Asset Visibility- Provides structured way to ingest, machine-readable SBOMs that strengthen software risk assessment for critical infrastructure, including energy, healthcare, and defense sectors.
Contact:
Justin Leger, CEO
Phone: 1-888-713-SBOM (7266)
Email: ir@cybeats.com
Sean Peasgood, Investor Relations
Phone: (905) 667-6761
Email: Sean@SophicCapital.com
Forward-looking Information Cautionary Statement
Except for statements of historic fact, this news release contains certain "forward-looking information" within the meaning of applicable securities law. Forward-looking information is frequently characterized by words such as "plan", "expect", "project", "intend", "believe", "anticipate", "estimate" and other similar words, or statements that certain events or conditions "may" or "will" occur. In particular, this news release contains forward-looking information relating to, among other things, the Company's expectations with respect to the use of proceeds and the use of the available funds following completion of the Offering, and the completion of the Offering. Forward-looking statements are based on the opinions and estimates at the date the statements are made and are subject to a variety of risks and uncertainties and other factors that could cause actual events or results to differ materially from those anticipated in the forward-looking statements including, but not limited to delays or uncertainties with regulatory approvals, including that of the CSE. There are uncertainties inherent in forward-looking information, including factors beyond the Company's control. There are no assurances that the commercialization plans for the products described in this news release will come into effect on the terms or time frame described herein. The Company undertakes no obligation to update forward-looking information if circumstances or management's estimates or opinions should change except as required by law. The reader is cautioned not to place undue reliance on forward-looking statements. Company filings are available under the Company's SEDAR+ profile at www.sedarplus.ca.
1https://www.newsfilecorp.com/release/238931/Cybeats-Expands-Healthcare-Client-Base-and-Achieves-148-Net-Revenue-Retention-in-2024
2 https://www.cisa.gov/securebydesign/alerts?utm_source=chatgpt.com
To view the source version of this press release, please visit https://www.newsfilecorp.com/release/249873
FAQ
What is the significance of Emerson's contract expansion with Cybeats in April 2025?
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What is Cybeats' net revenue retention rate from EMR and other clients?
How does the Cybeats SBOM Studio benefit EMR's security strategy?
