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Cybeats Technologies Grows Amid Rising SBOM Demand
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Cybeats Technologies Grows Amid Rising SBOM Demand

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Cybeats Technologies Corp. (TSE:CYBT) has released an update.

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Cybeats Technologies Corp. is experiencing strong commercial growth with over $7 million in contract commitments and a 72% increase in customer spending in 2024, highlighting its leadership in the SBOM management market. The company raised $1.65 million to enhance its sales and marketing infrastructure, positioning it well to capitalize on the increasing demand for SBOM solutions as organizations prioritize software supply chain security. With a focus on healthcare and manufacturing sectors, Cybeats aims to deliver long-term value to its clients and investors.

For further insights into TSE:CYBT stock, check out TipRanks’ Stock Analysis page.

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