SAILPOINT INC

SailPoint lays out its strategy for agent-based AI and sees it as a central growth driver; CEO Mark McClain names $800 million in agent-related revenue as a target for fiscal 2029. The company emphasizes its advantage from experience in complex identity environments and announces the tool “Agentic Acceleration,” which management says can cut time and costs of migrations by around 90% in some cases. SailPoint confirms a long-term revenue plan of $2.1 billion for 2029, targets mid-20% ARR growth and sees further potential from replacing legacy systems. Competitors such as Okta, Microsoft, ServiceNow and CyberArk are portrayed as limited threats, as SailPoint remains focused on specialized identity governance in multi-cloud/multi-vendor environments. » More on de.investing.com