Adaptive Shield is honored to announce that Frost & Sullivan recently assessed the Software-as-a-Service (SaaS) security posture management (SSPM) industry and based on its findings, recognizes Adaptive Shield with the 2023 Global Technology Innovation Leadership Award.
Ying Ting Neoh, research analyst for cybersecurity practice at Frost & Sullivan, said: “With continual enhancements to its SSPM technology offering to address customers’ pain points in the SaaS security space, the company is well-positioned as a technology innovation leader in the SSPM market.”
“Adaptive Shield has established a strong reputation and a steadily growing position in the global SSPM market. It is well positioned for continued growth, with its visionary and innovative platform for SaaS Security coupled with its established strategic partnerships and technology alliances,” added Neoh.
In the award, Frost & Sullivan states that Adaptive Shield offers an SSPM solution that helps customers secure their entire SaaS stack through risk management, threat prevention, and detection and response. Adaptive Shield’s SSPM platform provides a suite of capabilities with single-pane-of-glass visibility, such as:
- Continuous misconfiguration and security risk monitoring
- Compliance mapping
- Identity security posture management
- Identity Threat Detection and Response (ITDR)
- SaaS-to-SaaS access and discovery
- Device-to-SaaS risk management
In addition, Adaptive Shield’s SSPM platform expanded to enable over 140 out-of-the-box integrations of SaaS applications, making it the first and only SSPM solution provider with such a large number of out-of-the-box integrations. Its comprehensive security coverage of potential threats enhances visibility, security control, and application integration.
The SSPM platform also allows customers to easily manage sanctioned and unsanctioned applications connected to their core SaaS stack, regardless of the number of applications, thus minimizing the risk of SaaS-to-SaaS or third-party application access. This capability enables customers’ security teams to measure the access level to sensitive data across organizations’ SaaS stack while having advanced reporting capabilities that complement their risk assessments.
For its strong overall performance, Adaptive Shield was recognized with Frost & Sullivan’s 2023 Global Technology Innovation Leadership Award in the SaaS security posture management industry.
“Receiving Frost & Sullivan’s 2023 Global Technology Leadership Award in SaaS Security Posture Management is not just an accolade for Adaptive Shield, it’s a testament to our commitment in transforming the landscape of SaaS security,” said Maor Bin, CEO and co-founder of Adaptive Shield. “This recognition fuels our passion to not only protect, but empower businesses through revolutionizing the way they perceive and manage their SaaS security challenges.”
Each year, Frost & Sullivan presents this award to the company that has developed a product with innovative features and functionality that is gaining rapid acceptance in the market. The award recognizes the quality of the solution and the customer value enhancements it enables.
Frost & Sullivan Best Practices awards recognize companies in various regional and global markets for demonstrating outstanding achievement and superior performance in leadership, technological innovation, customer service and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analyses and extensive secondary research to identify best practices in the industry.