BURLINGTON, Mass. – March 20, 2018 – Veracode, Inc., a leader in securing the world’s software, and acquired by Veracode (NASDAQ:CA), today announced it has been positioned in the Leaders quadrant for the fifth consecutive time of Gartner Inc.’s 2018 “Magic Quadrant for Application Security Testing1 .” In our view, Veracode’s position in the Leaders quadrant is a result of the company’s completeness of vision and ability to execute in the application security testing (AST) market.
In Gartner Inc.’s 2018 “Magic Quadrant for Application Security Testing1,” Ayal Tirosh, Dionisio Zumerle, and Mark Horvath state that, “Through 2021, the AST market is projected to have a 14% compound annual growth rate (CAGR). This continues to be the fastest growing of all tracked information security segments. The overall global information security market is forecast to grow at a CAGR of 7.6% through 2021. The AST market size is estimated to reach $775 million by the end of 2018.1”
“Competing in today’s application economy requires a Modern Software Factory approach that gives companies a competitive edge by embedding security directly into the software development process. Security becomes the differentiator when developers are empowered to create secure code – free from the defects that cybercriminals use to breach company data,” said Sam King, general manager, Veracode. “We believe that Gartner’s ongoing recognition is testament to our commitment to empowering both security professionals and developers with the tools, training and consultative support that make software development processes like DevSecOps possible and enable the Modern Software Factory approach.”
With broad language and framework coverage, the Veracode Application Security Platform offers a holistic, scalable way to manage security risk across your entire application portfolio. With a wide range of security testing and threat mitigation techniques, as well as support from our security program managers, organizations are given the keys to creating a strategic, repeatable way to tackle application security risk. It features integration into Software Development Life Cycle (SDLC) processes with built-in integrations with multiple IDEs, bug-tracking systems and build servers, as well as APIs for integration, Veracode Greenlight and Developer Sandbox.
To view a complimentary copy of the full report, visit: https://info.veracode.com/analyst-report-gartner-mq-appsec-testing-2018.html
To learn more about Veracode’s Application Security Platform, please visit: http://www.veracode.com/products/application-security-platform
For a free trial of Veracode Greenlight, please visit: https://info.veracode.com/veracode-greenlight-self-service-free-trial.html
1Gartner, Inc. “Magic Quadrant for Application Security Testing” by Ayal Tirosh, Dionisio Zumerle, and Mark Horvath, March 19, 2018.
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