Arctic Wolf Named a Leader in 2024 IDC MarketScape for Worldwide Managed Detection and Response Services
29 April 2024 - 10:20PM
Arctic Wolf®, a global leader in security operations, today
announced it is positioned as a Leader in the IDC MarketScape:
Worldwide Managed Detection and Response Services 2024 Vendor
Assessment (Doc #US49006922). We believe the IDC MarketScape
recognition validates how the company’s single, open platform
delivers effective, comprehensive, and reliable security outcomes
for customers around the globe.
Arctic Wolf Managed Detection and Response (MDR) provides
exceptional visibility and threat protection to thousands of
customers worldwide via the Arctic Wolf Platform, which ingests,
parses, enriches, and analyzes more than five trillion security
events per week. With its open-XDR architecture and a common data
model built on the Open Cybersecurity Schema Framework (OCSF), the
Arctic Wolf Platform leverages advanced AI-algorithms to deliver
game-changing noise reduction that turns thousands of daily alerts
into an average of a single actionable ticket for customers each
day.
The assessment evaluated 19 Managed Detection and Response (MDR)
vendors with a minimum of $60 million in annual revenue using a
rigorous scoring methodology that examined product and service
offerings, capabilities and strategies, and each vendor’s current
and future market success factors.
According to the IDC MarketScape, “Taking a vendor and
technology-neutral approach, Arctic Wolf's customers have the
flexibility to swap out tools and technologies (and therefore
vendors), as well, preventing vendor lock-in without sacrificing
their security efficacy.” Additionally, the IDC MarketScape
highlights how “Arctic Wolf recognizes that their customers
struggle with the evolving security demands of their organizations
and the growth of their vulnerable attack surfaces” and that the
company “designs a custom security journey for every customer to
streamline the process of proactively mitigating risk and
minimizing attack surface exposure.”
“We believe our position as a worldwide MDR Leader in the IDC
MarketScape is a reflection of the power of the unified platform
we’ve built, and our proven ability to deliver the security
outcomes our customers desire.” said Dan Schiappa, chief product
officer, Arctic Wolf. “In a threat landscape where threat actors
are able to use AI to launch sophisticated attacks at an incredible
scale, Arctic Wolf Managed Detection and Response is the ideal
solution for organizations looking for holistic protection that
defends at the speed of data.”
Being named a Leader in the IDC MarketScape for Worldwide
Managed Detection and Response Services is the latest piece of
market validation for Arctic Wolf’s security operations vision, and
its leadership placement in this global assessment reflects the
significant international investments the company has made in
recent years, the most recent highlights of which include:
- Expanding the availability of its
industry-innovating $1 Million Security Operations Warranty to
customers in Europe and the ANZ region
- Launching Arctic Wolf Incident
Response and the award-winning Arctic Wolf Incident Response
JumpStart Retainer in EMEA and ANZ
- Scaling to five global security
operations centers (SOCs) and six international data centers to
provide customers with optionality in how their data is stored and
accessed
In the last twelve months, Arctic Wolf has also been recognized
as part of the CNBC Disruptor 50, the Forbes Cloud 100,
the Fortune Cyber 60, and received a Customers’ Choice
distinction in the Managed Detection Response market from Gartner®
Peer Insights.
To download an excerpt of the IDC MarketScape: Worldwide Managed
Detection and Response Services 2024 Vendor Assessment, visit
arcticwolf.com.
Additional Resources:
- Join the conversation with Arctic
Wolf on Facebook, Twitter, LinkedIn,
and YouTube
- Visit arcticwolf.com to
learn more about our security operations solutions
- If you’re ready to get
started, request a demo, get a quote, or conduct a
Security Operations Maturity Assessment
- Want to join Arctic Wolf’s Partner
Program? Apply today
About Arctic Wolf: Arctic Wolf® is a global
leader in security operations, enabling customers to manage their
cyber risk in the face of modern cyber-attacks via a premier
cloud-native security operations platform. The Arctic Wolf Security
Operations Cloud ingests and analyzes more than five trillion
security events a week to help enable cyber defense at an
unprecedented capacity and scale, empowering customers of virtually
any size across a wide range of industries to feel confident in
their security posture, readiness, and long-term resilience. By
delivering automated threat protection, response, and remediation
capabilities, Arctic Wolf delivers world-class security operations
with the push of a button so customers can defend their greatest
assets at the speed of data.
About IDC MarketScape: IDC MarketScape vendor
assessment model is designed to provide an overview of the
competitive fitness of ICT (information and communications
technology) suppliers in a given market. The research methodology
utilizes a rigorous scoring methodology based on both qualitative
and quantitative criteria that results in a single graphical
illustration of each vendor’s position within a given market. IDC
MarketScape provides a clear framework in which the product and
service offerings, capabilities and strategies, and current and
future market success factors of IT and telecommunications vendors
can be meaningfully compared. The framework also provides
technology buyers with a 360-degree assessment of the strengths and
weaknesses of current and prospective vendors.
Press Contact:Reagan
McAfeeReagan.mcafee@arcticwolf.com916-996-4969
© 2024 Arctic Wolf Networks, Inc., All Rights Reserved. Arctic
Wolf, Arctic Wolf Platform, Arctic Wolf Security Operations Cloud,
Arctic Wolf Managed Detection and Response, Arctic Wolf Managed
Risk, Arctic Wolf Managed Security Awareness, Arctic Wolf Incident
Response, and Arctic Wolf Concierge Security Team are either
trademarks or registered trademarks of Arctic Wolf Networks, Inc.
or Arctic Wolf Networks Canada, Inc. and any subsidiaries in
Canada, the United States, and/or other countries.