Varonis Named a Leader in GigaOm's 2023 Radar Report for Data Security Platforms
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Insights
Varonis Systems, Inc.'s recognition as a 'strong Leader' in the GigaOm Radar Report for Data Security Platforms marks a significant milestone for the company. Such industry accolades can influence customer perceptions and are often seen as a testament to a company's product quality and market position. The designation of 'strong Leader' and the first-place finish in the Platform Play quadrant demonstrate Varonis's competitive edge in providing comprehensive data security solutions. This could potentially lead to increased market share and customer base expansion, as businesses often prefer to partner with industry-recognized leaders for critical IT infrastructure needs.
From an investor's perspective, Varonis's high scores in DSPM and other key criteria signal the company's robust R&D capabilities and commitment to innovation. This is particularly relevant in the data security sector, where the ability to stay ahead of emerging threats directly correlates with financial performance. The company's focus on automation and integration across a broad range of services also suggests an alignment with industry trends towards streamlined and scalable security solutions. These attributes could translate into a strong value proposition for both existing and prospective clients, potentially leading to revenue growth and positive stock performance.
Varonis's top score in Data Security Posture Management (DSPM) is noteworthy, as DSPM is critical in identifying and mitigating risks associated with data storage and access. The company's emphasis on service integrations and enterprise stack integration reflects a growing demand for cybersecurity solutions that can seamlessly operate within diverse IT environments. The ability to monitor activities and analyze behaviors is increasingly important for detecting insider threats and sophisticated cyberattacks, which can have severe financial and reputational implications for businesses.
For enterprises, Varonis's comprehensive coverage across SaaS apps, IaaS, databases and on-premises data stores offers a significant advantage. The ability to secure a wide array of data environments is crucial in the current landscape, where data breaches are not only more frequent but also more costly. The company's technological capabilities, as highlighted in the GigaOm Radar Report, suggest that Varonis is well-equipped to address these complex security challenges, which could lead to stronger demand for their services in an ever-expanding digital economy.
Varonis received top score in DSPM and finished first overall in the Platform Play quadrant
NEW YORK, Jan. 16, 2024 (GLOBE NEWSWIRE) -- Varonis Systems, Inc. (Nasdaq: VRNS) today announced it has been named a "strong Leader" in the GigaOm Radar Report for Data Security Platforms.
Varonis finished first overall in the Platform Play quadrant for offering broad functionality and use case support. Varonis also received exceptional (highest score) "five-star" ratings in several key criteria categories, including data security posture management (DSPM), service integrations, enterprise stack integration, and activity monitoring and behavioral analysis.
According to the report: "With high scores across all of our decision criteria, Varonis is positioned as a "strong Leader" in our Radar. Its extensive service integrations, enterprise tool integrations, and protection capabilities make Varonis a comprehensive data security platform."
GigaOm cited Varonis' "extensive automation to help customers understand their data as well as protect it," and noted the company's data discovery, classification, and security features that cover a comprehensive selection of SaaS apps, IaaS, databases, and on-premises data stores.
"We are thrilled to be recognized as a Leader in GigaOm's inaugural Radar Report for Data Security Platforms," said Brian Vecci, Varonis Field CTO. "The report reaffirms our position as the category leader and highlights our ongoing commitment to delivering data innovations and automation that help our customers secure their critical data from internal threats and cyberattacks."
Additional Resources
- Read more about Varonis' leadership spot in the new report.
- See Varonis in action: schedule a 30-minute demo.
- Check out these Varonis integrations.
- For more information on Varonis' solution portfolio, please visit www.varonis.com.
- Visit our blog, and join the conversation on X (Twitter), LinkedIn, and YouTube.
About Varonis
Varonis (Nasdaq: VRNS) is a leader in data security, fighting a different battle than conventional cybersecurity companies. Our cloud-native Data Security Platform continuously discovers and classifies critical data, removes exposures, and detects advanced threats with AI-powered automation.
Thousands of organizations worldwide trust Varonis to defend their data wherever it lives — across SaaS, IaaS, and hybrid cloud environments. Customers use Varonis to automate a wide range of security outcomes, including data security posture management (DSPM), data classification, data access governance (DAG), data detection and response (DDR), data loss prevention (DLP), and insider risk management.
Varonis protects data first, not last. Learn more at www.varonis.com.
Investor Relations Contact:
Tim Perz
Varonis Systems, Inc.
646-640-2112
investors@varonis.com
News Media Contact:
Rachel Hunt
Varonis Systems, Inc.
877-292-8767 (ext. 1598)
pr@varonis.com
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