Stable Customer Base With a high renewal rate of 98 percent and over 10 million file transfers monthly, Coviant Software demonstrates strong customer loyalty and reliability, indicating opportunities to upsell advanced features or premium support services to existing clients.

Enterprise Security Focus The recent launch of Diplomat MFT 9.2 emphasizing security-by-design aligns with the needs of highly regulated industries such as healthcare and finance, suggesting a growing market for compliance-centric file transfer solutions.

Expanding Market Reach Recent partnerships in the UK and Europe with Pro2col and the launch of no-code editions open avenues to target small and mid-sized organizations seeking easy-to-deploy secure file transfer solutions.

Growing Product Portfolio Innovations like Diplomat MFT SFTP Server and web-based monitoring solutions showcase Coviant’s agile development approach, presenting opportunities to cross-sell complementary tools to maximize client adoption across diverse workflows.

Industry Trends Alignment As data security and compliance remain top priorities for enterprises, Coviant’s focus on secure, automated, and scalable file transfer solutions positions it well to capitalize on increasing demand from organizations seeking reliable MFT technology.