Security as a Service (SECaaS) is an outsourcing model for security management in which a vendor offers a subscription-based security service that is designed to meet business needs. This model encompasses solutions for authentication, antivirus, anti-malware, intrusion detection, penetration testing, and security event management. The tools and technical guidance provided under Security as a Service help businesses in terms of business continuity, disaster recovery, data loss prevention, continuous monitoring, encryption, email security, identity and access management, network security, intrusion management, security assessment, vulnerability scanning, security information and event management, and web security.
360Quadrants, the most granular comparison platform, has released a startup quadrant on Security as a Service to help businesses make quicker and more informed decisions. This quadrant has placed Armor, StackPath and GajShield Infotech in the progressive companies’ space. 360Quadrants are generated post analysis of the product portfolios and business strategies of all companies in a particular space. Quadrants are updated every three months based on market and regional analyses and developments in the Security as a Service segment.
Security as a Service Startup Quadrant Highlights
360Quadrants covers 53 companies in the Security as a Service startup space and places them in a quadrant based on their quality, reliability, and business outcome. Out of these 53 companies 20 are categorized as Progressive Companies, Responsive Companies, Dynamic Companies, and Starting Blocks.
360Quadrants recognizes StackPath, Amour, GajShield Infotech and CloudCodes as Progressive Companies; Choice Cybersecurity, Bitglass, NetSecurity and Atomic Data as Responsive Companies; Aqueduct Technologies and Airloom as Dynamic Companies; and Coronet, Concordus Applications and Infinity Gate as Starting Blocks. The 360Quadrants platform provides the most granular comparisons of Security as a Service vendors.
The methodology used to rank the startup vendors of Security as a Service involved the use of extensive secondary research to identify key vendors by referring to annual reports, press releases, investor presentations, white papers, funding, revenue, business idea’s and various related directories and databases. 20 key vendors were shortlisted based on their breadth of product offerings, organization size, and several other criteria. The scores and weights for shortlisted vendors against each parameter were finalized after extensive research. After the finalization of ratings, each vendor was placed in the most relevant quadrant based on its score in the product offering and business strategy parameters.
360Quadrants is the only rating platform for vendors in the technology space that combines data from buyers, vendors, expert, and inhouse analysts. The platform provides users access to unbiased information that helps them make qualified business decisions. 360Quadrants enables vendors to influence the business decisions of potential clients. Vendors get to win ideal new customers, customize their quadrants, decide key parameters, and position themselves strategically in a niche space, to be consumed by giants and start-ups alike. 360Quadrants aims to simplify and de-risk complex purchase decisions by providing buyers with real-world insights from their peers, industry experts, analysts, and vendors, helping buyers make more informed decisions and finding the best-fit solutions faster. Experts get to grow their brand and increase their thought leadership. The platform targets the building of a social network that links industry experts with companies worldwide.
360Quadrants has also launched quadrants in fields like Legal AI Software Startups and Digital Transformation Solutions Startups.