Sysdig, the leader in real-time cloud security, announced the appointment of William “Bill” Welch as Chief Executive Officer. Welch, a proven leader in scaling high-growth cybersecurity companies, joins Sysdig following senior executive roles at Duo Security, Zscaler, and Symantec, and most recently served as President and COO of Talkdesk. His appointment will further accelerate Sysdig’s growth trajectory and expand its global impact in the rapidly evolving cloud-native application protection platform (CNAPP) market. Welch will also join the Sysdig board of directors.
“What became clear early on in the CEO search is that Bill is a public company executive with a remarkable track record for driving growth across leading security organizations,” said Loris Degioanni, founder and CTO of Sysdig. “His expertise in scaling innovative technology platforms, deep understanding of the security sector, and customer-first focus makes him uniquely suited to serve as Sysdig’s next CEO.”
Capitalizing on Explosive Growth
Cloud security is one of the fastest-growing markets, projected to reach $43.74 billion by the end of this year and surpass $63 billion by 2028. As organizations rapidly move to the cloud to harness its potential for faster software development and deployment, cloud-based attackers are taking advantage of the same speed to conduct malicious operations in minutes.
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Sysdig’s competitive advantage is rooted in its superior technological engine, underpinned by the open source project, Falco. Created by Sysdig, Falco has cultivated a widespread community of cloud defenders. With over 130 million downloads, six years of proven governance, and a recent graduation within the Cloud Native Computing Foundation (CNCF), Falco is the industry standard for runtime threat detection. Powered by Falco, Sysdig is the only security platform that can detect modern cloud-native threats within seconds.
With an obsession for enabling security teams to outpace attackers, Sysdig released Sysdig Sage™, the industry’s first AI cloud security analyst, which is transforming the way organizations interact with their security tools. By empowering security teams with multi-step reasoning, contextual awareness, and remediation guidance, Sysdig Sage goes beyond simple data summarization, engaging users in humanlike conversations while controlling the interface and underlying platform.
“When it comes to cloud security, seconds matter – not just for detecting threats but also regarding how we show up for our customers, partners, and prospects,” Welch said. “Sysdig’s incredible team and thoughtful, technologically superior IP is built to solve the challenges of securing the cloud and not retrofitted to meet them. I’m honored to lead Sysdig in redefining the standard of cloud security.”
Sysdig has fortified relationships with major global companies like Goldman Sachs, Bloomreach, Calendly, SupportLogic, and BigCommerce, and added new customers across more than a dozen countries over the last year.
SOURCE: Businesswire