Okta's Addressable Market Is Only Getting Bigger
Following its acquisition of Auth0 and its entry into two more segments of identity software -- identity governance and administration and privileged access management -- Okta (NASDAQ: OKTA) now estimates that its addressable market is valued at $80 billion. Compared to just $1 billion in revenue today, that presents a huge opportunity for the company.
In this segment of "Beat & Raise" from Motley Fool Live, recorded on Sept. 1, Fool.com contributors Jeremy Bowman, Jason Hall, and Trevor Jennewine discuss Okta's impressive track record at growing the business and where the company is headed next.
Source Fool.com
