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This is why PCI DSS compliance is critical. Compliance with PCI Data Security Standard regulations prevents shortcomings and vulnerabilities in payment processing, thereby reducing the risk of fraud, identity theft, and cyberattacks. Before 2004, credit card companies had their own set of rules for cybersecurity.
It sold software to help businesses buy the things they need in order to operate, everything from pens to planes. In particular, Ariba sold software to run RFPs, manage contracts with suppliers, analyze corporate spending and ensure financial compliance. But, the company has been operating at close to breakeven since 2004.
Avalara provides tax compliance solutions for direct and indirect taxes. Online accounting software provider Xero, for example, was founded in 2006 and now trades publicly at a 22x Enterprise Value to TTM Revenue multiple. It’s easy to understand why Vertical SaaS companies developed more slowly than Horizontal SaaS companies.
Launched in 2004, Campaign Monitor is an email marketing platform catering to businesses of different sizes. This Australian SaaS company aims at cutting down the time and effort of softwaredevelopers with its dot net deployment automation tool. Headquarter: Melbourne, Australia. Campaign Monitor. Founder/ CEO: Ben Rubin.
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