Pros
Large customer base, solid products, a lot of smart people, good reputation among customers
Cons
Imprivata's complete dominance in the healthcare "Tap-in/Tap-out" and SSO space has been very good for the company's growth over the last 10+ years. However, the market is largely saturated. Imprivata has introduced new products to sell to existing customers, but the majority of those products have been flops and none have proven to be anywhere near the revenue generator of the flagship product. Imprivata will be able to sustain itself for a long time on their recurring maintenance & support revenue, but they are going to struggle to meet growth expectations if they don't introduce innovative products that fill a recognized need. There have been a lot of employee departures recently, largely driven by the fact that the "excitement" of growth and the potential for a "payout" have largely died.
