SailPoint turns AI security fears into fresh growth fuel

[SINGAPORE] The surge of agentic artificial intelligence (AI) is giving US-based cybersecurity platform SailPoint a new growth runway, as it bets on rising demand for identity-security tools to help companies unlock AI’s promise without opening the door to new risks.

SailPoint’s solutions are around identity security, helping organisations ensure the right users are getting access to data that is appropriate for their jobs. The company has clients across a few industries, including financial services, the public sector and telcos.

“Agentic AI is really taking mind-share now in these (enterprises); they’re all trying to figure out how to leverage this new technology,” Mark McClain, CEO and founder of SailPoint, told The Business Times. “They are all also realising there’s an associated security risk they don’t have a good handle on.”