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Netskope named IDC market leader for cloud security gateways 2021

SANTA CLARA, California, November 10, 2021 / PRNewswire / – Netskope, the SASE Leader, today announced that it has been named a Leader in the IDC MarketScape: Worldwide Cloud Security Gateways 2021 Vendor Assessment (Doc # US48334521, November 2021). The report showcased 10 vendors and Netskope was recognized as a leader in Cloud Security Gateways (CSG), also known in the market as Cloud Access Security Brokers (CASB).

Security risks in the cloud continue to grow, a trend further accelerated by the shift to remote working caused by the pandemic. According to Netskope Threat Labs Research, more than 97% of cloud applications used by companies are “shadow IT”, not managed by IT departments and often invisible to them. Additionally, cloud-delivered malware hit an all-time high in 2021, now accounting for nearly 70% of global malware distribution.

As a foundational cloud security service, CASB is essential to the SASE architecture and Security Service Edge (SSE) services that will dominate modern enterprise security and networking for years to come. Netskope’s approach to CSG (CASB) has always been recognized by customers and top technology analysts worldwide.

“More organizations than ever are adopting CASB, SWG, ZTNA, and firewall-as-a-service cloud-delivered capabilities from the same vendor. This trend validates the vision that Netskope has had since day one of a unified cloud security platform, even before that was called SASE or using other terms, ”said Jean Martin, product manager of Netskope. “We are proud of this recognition from IDC MarketScape. We will continue to aggressively expand both our platform and our go-to-market to meet the strong demand for SSE and SASE.

To learn more about today’s announcement and the critical importance of CASB to the SASE and SSE architecture, read the Netskope blog.

With over 1,500 customers, Netskope serves some of the world’s largest and most demanding organizations with CASB, Firewall-as-a-Service, SWG and ZTNA natively integrated into a single platform. Among the many highlights of 2021, Netskope recently drew $ 300 million in new investment, performing a post-currency valuation of $ 7.5 billion in addition to rapid growth of what key analysts believe to be a $ 30 billion total addressable market by 2024.

About IDC MarketScape
IDC MarketScape’s vendor assessment model is designed to provide insight into the competitiveness of ICT (information and communications technology) vendors in a given market. The research methodology uses a rigorous scoring methodology based on both qualitative and quantitative criteria which results in a single graphic illustration of the position of each supplier in a given market. IDC MarketScape provides a clear framework within which product and service offerings, capabilities and strategies, as well as current and future success factors in the IT and telecommunications vendor market can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and potential suppliers.

About Netskope
Netskope, the SASE leader, securely and quickly connects users directly to the Internet, to any application, and to their infrastructure from any device, on or off the network. With CASB, Firewall, SWG and ZTNA built natively on a single platform, Netskope Security Cloud provides the most granular context, via patented technology, to enable conditional access and user awareness while applying the principles of trust. zero in data protection and threat prevention everywhere. Unlike others that force tradeoffs between security and networking, Netskope’s Global Security Private Cloud offers full compute capabilities at the edge.

Netskope is fast everywhere, data-centric and smart in the cloud, while enabling good digital citizenship and delivering a lower total cost of ownership.

Media contact
Inkwell for Netskope
[email protected]

SOURCE Netskope

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