CrowdStrike Named a Frost Radar™ Leader in Cloud-Native Application Protection Platforms (CNAPP) for Third Consecutive Year

Rhea-AI Summary

CrowdStrike (NASDAQ: CRWD) has been named a Leader in the 2024 Frost Radar™: Cloud-Native Application Protection Platforms (CNAPP) for the third consecutive year. The company was recognized for its innovation and growth in delivering unified cloud security through its Falcon® Cloud Security platform.

The platform provides comprehensive code-to-cloud protection, combining advanced cloud detection and response (CDR) capabilities with CNAPP functionality. Frost & Sullivan highlighted CrowdStrike's excellent capabilities in addressing modern cloud security challenges, noting its advanced runtime protection, extensive platform support, and seamless integration with XDR and MDR services.

The report emphasized CrowdStrike's consistent performance and tremendous growth over the past four years, positioning it as one of the fastest-growing players in the industry.

Positive

• Named Leader in Frost Radar CNAPP for third consecutive year
• Recognition as one of the fastest-growing players in the industry
• Strong market position in cloud security solutions

Negative

• None.

Insights

Tech Expert

The recognition from Frost & Sullivan underscores CrowdStrike's dominance in cloud security, particularly in the rapidly growing CNAPP market. The company's unified platform approach sets it apart by integrating advanced CDR capabilities with comprehensive cloud protection features. This strategic positioning is important as organizations increasingly migrate to complex hybrid and multi-cloud environments.

The platform's ability to protect across infrastructure, applications, data and AI models addresses the full spectrum of modern cloud security challenges. The integration with XDR and MDR services creates a formidable security ecosystem that provides real-time threat detection and response capabilities. This comprehensive coverage is particularly valuable as cloud-based attacks become more sophisticated and prevalent.

While industry recognition is positive, the more significant aspect is CrowdStrike's consistent growth trajectory over four years, indicating strong market adoption and revenue potential. The platform's scalability and unified approach position it well to capture additional market share as cloud security spending continues to increase.

CrowdStrike recognized as an innovation and growth leader, delivering a complete CNAPP to stop breaches across every area of enterprise cloud risk—from infrastructure to applications, data and AI models

AUSTIN, Texas--(BUSINESS WIRE)-- CrowdStrike (NASDAQ: CRWD) today announced it has been named a Leader in the 2024 Frost Radar™: Cloud-Native Application Protection Platforms (CNAPP) for the third consecutive year. CrowdStrike was recognized as a leader in innovation and growth for its ability to simplify and scale cloud security through a single, unified platform. CrowdStrike Falcon® Cloud Security provides global customers with unified code-to-cloud protection to stop cloud breaches across every area of enterprise cloud risk.

CrowdStrike sets the standard for hybrid and multi-cloud protection by combining advanced cloud detection and response (CDR) capabilities with the most comprehensive CNAPP on the market. Backed by world-class threat hunting and intelligence, CrowdStrike delivers a single, unified platform that stops cloud breaches and secures workloads across infrastructure, applications, data, identities, AI models and SaaS environments. Frost & Sullivan recognized this industry-leading approach, stating in the report that “CrowdStrike Falcon Cloud Security delivers excellent capabilities to address modern cloud security challenges,” with broad coverage across cloud-native and Windows-based environments. The report further highlights that the Falcon platform “offers advanced runtime protection, CDR, extensive platform support, and seamless integration with its XDR and MDR services, making it a leading choice for organizations seeking real-time cloud threat management.”

This comprehensive approach has firmly established CrowdStrike’s leadership, with Frost & Sullivan noting that, “CrowdStrike remains a leader in this Frost Radar, excelling in both innovation and growth indices due to its unified cloud security platform, consistent performance, and tremendous growth over the past four years,” and underscores that CrowdStrike is “one of the fastest-growing players” in the industry.

"Adversaries are evolving faster than ever, exploiting the gaps created by tools marketed as CNAPPs that only scratch the surface with basic CSPM or vulnerability management," said Raj Rajamani, head of products at CrowdStrike. "CrowdStrike’s recognition as a Leader in the Frost CNAPP Radar for the third consecutive year validates our ability to deliver a comprehensive solution that doesn’t just identify risks—it actually stops breaches. Falcon Cloud Security empowers organizations to close critical gaps, outpace threats, and scale their security for the future on a single, unified platform."

To learn more about the 2024 Frost Radar™: Cloud-Native Application Protection Platforms (CNAPP), read our blog.

About CrowdStrike

CrowdStrike (NASDAQ: CRWD), a global cybersecurity leader, has redefined modern security with the world’s most advanced cloud-native platform for protecting critical areas of enterprise risk – endpoints and cloud workloads, identity and data.

Powered by the CrowdStrike Security Cloud and world-class AI, the CrowdStrike Falcon® platform leverages real-time indicators of attack, threat intelligence, evolving adversary tradecraft and enriched telemetry from across the enterprise to deliver hyper-accurate detections, automated protection and remediation, elite threat hunting and prioritized observability of vulnerabilities.

Purpose-built in the cloud with a single lightweight-agent architecture, the Falcon platform delivers rapid and scalable deployment, superior protection and performance, reduced complexity and immediate time-to-value.

CrowdStrike: We stop breaches.

Learn more: https://www.crowdstrike.com/
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© 2024 CrowdStrike, Inc. All rights reserved. CrowdStrike and CrowdStrike Falcon are marks owned by CrowdStrike, Inc. and are registered in the United States and other countries. CrowdStrike owns other trademarks and service marks and may use the brands of third parties to identify their products and services.

View source version on businesswire.com: https://www.businesswire.com/news/home/20241204529816/en/

Jake Schuster

CrowdStrike Corporate Communications

press@crowdstrike.com

Source: CrowdStrike

FAQ

What recognition did CrowdStrike (CRWD) receive in the 2024 Frost Radar report?

CrowdStrike was named a Leader in the 2024 Frost Radar: Cloud-Native Application Protection Platforms (CNAPP) for the third consecutive year, recognized for innovation and growth in cloud security.

What are the key features of CrowdStrike's (CRWD) Falcon Cloud Security platform?

Falcon Cloud Security provides unified code-to-cloud protection, advanced cloud detection and response (CDR) capabilities, runtime protection, and integration with XDR and MDR services across cloud-native and Windows-based environments.

How has CrowdStrike (CRWD) performed in the cloud security market according to Frost & Sullivan?

According to Frost & Sullivan, CrowdStrike has shown tremendous growth over the past four years and is one of the fastest-growing players in the industry, excelling in both innovation and growth indices.