Competitive Pressure And Market ShareIncreased scrutiny levels driven by macro concerns are limiting rapid expansion levels, with growth rates trailing the IAM industry growth rate and reflecting internal struggles to regain market share.
Financial Performance And Revenue GrowthHeavy investments in security enhancements have weighed on financials, contributing to a deceleration in expected revenue growth and pressured margin expansion.
Security And Customer ConfidenceA series of security breaches, including the most recent one, has created reputational damage impacting the company’s new customer acquisition pipeline.