Press release
National Security Agency Renews $20+ Million Annual Contract with Cognyte
Longstanding tier-1 customer reinforces commitment to Cognyte solutions, reflecting loyalty and significant value delivery HERZLIYA, Israel--(BUSINESS
About this update from Cognyte Software Ltd.
[{"type":"text","content":"\nLongstanding tier-1 customer reinforces commitment to Cognyte solutions, reflecting loyalty and significant value delivery\n\n\n HERZLIYA, Israel--(BUSINESS WIRE)--\nCognyte Software Ltd. (NASDAQ: CGNT) (“Cognyte”), a global leader in software-driven technology for investigative analytics, today announced a one-year support agreement valued at over $20 million with a tier-1 national security agency in the Europe-Middle East-Africa (EMEA) region. For more than a decade, the agency has relied on Cognyte’s solutions as a cornerstone of its efforts to help protect national interests and empower its investigative teams.\n\n\nBy continuing to expand its investment in Cognyte, this long-standing customer demonstrates both the proven value of Cognyte’s technology and the strength of the relationship. Cognyte solutions are deeply embedded in the agency’s operations, enabling them to maintain an investigative edge with AI-powered analytics for faster decision making and greater operational agility.\n\n\nNational security agencies today must counter increasingly asymmetric and fast-evolving threats with agility, precision and foresight. In this landscape, bad actors can exploit a single weakness, while agencies must quickly identify and prevent a wide range of threats such as organized crime, terrorism, and drug and human trafficking.\n\n\n“This latest agreement reflects our role as a trusted partner, delivering mission-critical solutions that help agencies act decisively to strengthen and accelerate investigations and safeguard citizens,” said Efi Nuri, Cognyte’s Chief Revenue Officer.\n\n\n“Agreements like this affirm the strength of long-standing customer relationships and the predictable, repeat business they can generate,” said David Abadi, Chief Financial Officer at Cognyte. “They validate the continued demand for our solutions that are integral to national security and underscore how our extended global customer base provides a solid foundation for sustainable growth.”\n\n\nAbout Cognyte\n\n\nCognyte is a leading software-driven technology company, focused on solutions for data processing and investigative analytics that allow customers to generate Actionable Intelligence for a Safer World™. Cognyte’s solutions empower law enforcement, national security, national and military intelligence agencies, and other organizations to navig...