Benchmarking Future Growth Potential
21-Dec-2020
Global
Frost Radar
K4F3-01-00-00-00
IT04258-GL-MR_25076
The Frost & Sullivan report analyzes the global market for Cloud Access Security Brokers (CASB) and presents this in the Frost Radar™. This measures growth rates in addition to absolute revenues and combines them with several other factors to measure companies’ performance along the growth axis. Companies are also measured along an innovation axis. Companies plotted on the Frost Radar™ are the leaders in the industry for growth, innovation, or both. They are instrumental in advancing the industry into the future. CASB is software that acts as a security control point between users and cloud services. This can be deployed as an on-premises or cloud-hosted solution. CASB has evolved quickly as a platform offering many features and continues to develop, in particular adding security features. Data moving to the cloud exposes it to multiple risks, including malware, threat actors, accidental over exposure, leveraging social media, and others. CASB began as a way to detect shadow IT practices. Shadow IT revealed the need for visibility and control. It has since grown to include more functionality for visibility, compliance, data security and threat protection. Via malware protection and data encryption, CASB offers additional layers of protection. In addition to Software as a Service (SaaS) apps sanctioned by IT teams, such as Office 365 and Google G Suite, users employ numerous unsanctioned cloud services which pose security challenges—a practice known as “Shadow IT” within the industry. The explosive growth of mobile, remote work force and cloud services are putting pressure on security teams to monitor and control cloud application usage thus fueling the growth of CASB. The market faces ongoing technological evolution. CASB vendors are extending coverage into Infrastructure as a Service (IaaS), e.g., Amazon Web Services, Microsoft Azure, Google Cloud and Platform and Platform as a Service (PaaS), e.g., Force.com, ServiceNow. The CASB market has settled into a model in which CASB is integrated with other products to offer a total solution to customers. Integration is with a vendor’s own portfolio or with other vendor’s products.
Author: Tony Massimini
Strategic Imperative
Strategic Imperative (continued)
Growth Environment
Frost Radar™: Cloud Access Security Broker (CASB)
Frost Radar™: Cloud Access Security Broker (CASB) (continued)
Frost Radar™: Competitive Environment
Frost Radar™: Competitive Environment (continued)
Company Profile Bitglass
Company Profile Broadcom (Symantec)
Company Profile CipherCloud
Company Profile Cisco
Company Profile Forcepoint
Company Profile McAfee
Company Profile Microsoft
Company Profile Netskope
Company Profile Oracle
Company Profile StratoKey
Strategic Insights
Significance of Being on the Frost Radar™
Frost Radar™ Empowers the CEO’s Growth Team
Frost Radar™ Empowers Investors
Frost Radar™ Empowers Customers
Frost Radar™ Empowers the Board of Directors
Frost Radar™: Benchmarking Future Growth Potential
Frost Radar™: Benchmarking Future Growth Potential
Legal Disclaimer
Frost Radar™: Benchmarking Future Growth Potential 2 Major Indices, 10 Analytical Ingredients, 1 Platform
Growth Index
Growth Index (GI) is a measure of a company’s growth performance and track record, along with its ability to develop and execute a fully aligned growth strategy and vision; a robust growth pipeline system; and effective market, competitor, and end-user focused sales and marketing strategies.
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Market Share (previous 3 years)
This is a comparison of a company’s market share relative to its competitors in a given market space for the previous 3 years. -
Revenue Growth (previous 3 years)
This is a look at a company’s revenue growth rate for the previous 3 years in the market/industry/category that forms the context for the given Frost Radar™. -
Growth Pipeline
This is an evaluation of the strength and leverage of a company’s growth pipeline system to continuously capture, analyze, and prioritize its universe of growth opportunities. -
Vision and Strategy
This is an assessment of how well a company’s growth strategy is aligned with its vision. Are the investments that a company is making in new products and markets consistent with the stated vision? -
Sales and Marketing
This is a measure of the effectiveness of a company’s sales and marketing efforts in helping it drive demand and achieve its growth objectives.
Innovation Index
Innovation Index (II) is a measure of a company’s ability to develop products/ services/ solutions (with a clear understanding of disruptive Mega Trends) that are globally applicable, are able to evolve and expand to serve multiple markets and are aligned to customers’ changing needs.
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INNOVATION SCALABILITY
This determines whether an organization’s innovations are globally scalable and applicable in both developing and mature markets, and also in adjacent and non-adjacent industry verticals. -
RESEARCH AND DEVELOPMENT
This is a measure of the efficacy of a company’s R&D strategy, as determined by the size of its R&D investment and how it feeds the innovation pipeline. -
PRODUCT PORTFOLIO
This is a measure of a company’s product portfolio, focusing on the relative contribution of new products to its annual revenue. -
MEGATRENDS LEVERAGE
This is an assessment of a company’s proactive leverage of evolving, long-term opportunities and new business models, as the foundation of its innovation pipeline. -
CUSTOMER ALIGNMENT
This evaluates the applicability of a company’s products/services/solutions to current and potential customers, as well as how its innovation strategy is influenced by evolving customer needs.
Significance of Being on the Frost Radar™
Companies plotted on the Frost RadarTM are the leaders in the industry for growth, innovation, or both. They are instrumental in advancing the industry into the future.
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GROWTH POTENTIAL
Your organization has significant future growth potential, which makes it a Company to Action. -
BEST PRACTICES
Your organization is well positioned to shape Growth Pipeline™ best practices in your industry. -
COMPETITIVE INTENSITY
Your organization is one of the key drivers of competitive intensity in the growth environment. -
CUSTOMER VALUE
Your organization has demonstrated the ability to significantly enhance its customer value proposition. -
PARTNER POTENTIAL
Your organization is top of mind for customers, investors, value chain partners, and future talent as a significant value provider.
Speak directly with our analytics experts for tailored recommendations.
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| Deliverable Type | Frost Radar |
|---|---|
| No Index | No |
| Podcast | No |
| Author | Tony Massimini |
| Industries | Information Technology |
| WIP Number | K4F3-01-00-00-00 |
| Is Prebook | No |
| GPS Codes | 9659 |
Frost Radar™: Cloud Access Security Broker (CASB), 2020
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