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Current software perspectives from GP Bullhound
GP BULLHOUND’S SECTOR TAKEAWAYS
Sources: A-LIGN, Capital IQ, CareerKarma, Gartner, ISC2, Nature, Tiobe, Pitchbook, PR Newswire (as of 30 June 2022)
Takeaways
Rust builds up
The new cost of compliance
▪ Continuous adoption of new enterprise technology has been followed by hundreds of new cyber compliance
regulations creating a web of security standards to combat new security threats on local scales and globally
▪ As a response, regulators are tightening laws by creating continuous monitoring requirements as opposed to traditional
compliance cycles. The complexity and acceleration of new regulations has made the effectiveness of tactical audit
mute. Following the regulatory trends, the need for 24/7 security- and compliance-monitoring SaaS has become a reality
▪ Companies such as A-LIGN, Security Compass, Coalfire, and others have created software platforms that allow
continuous monitoring of a company’s security and compliance profile, allowing companies to relieve their IT budgets
and focus on other projects
▪ The need for cybersecurity services and monitoring platforms has also attracted private market investors. Both A-LIGN
(Warburg Pincus) and Coalfire (Apax Partners) are backed by large private equity platforms. Other private equity-
backed platforms include Alert Logic (WCAS), eSentire (Warburg Pincus), Optiv (KKR), Presidio (BC Partners), Rackspace
(Apollo), Security Compass (FTV Capital)
Takeaways
▪ Rust is a relatively young programming language that first appeared in 2010 but has recently experienced a sharp
uptick in popularity due to its simplicity, without sacrificing capability or flexibility
▪ Code-sharing website GitHub says Rust was the second fastest-growing language on the platform since 2019, showing
an impressive 235% YoY
▪ Rust has broad use-cases across application development and data science similar to Python, with premiere
companies like Amazon, Discord, Dropbox, Figma, Microsoft and Mozilla deploying the language into their platforms
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