Infonetics Research finds Zscaler among the top brands in SaaS Security
Sunnyvale, California, August 31, 2009
Zscaler, Inc., the market leader in cloud-delivered, multi-tenant Security-as-a-Service (SaaS), today announced that Zscaler was in the top four brand names when enterprises were asked about SaaS security providers in market research conducted by Infonetics, an international market research firm. Zscaler scored ahead of several long-standing security vendors on key metrics like price to performance ratio, service and support, and financial stability.
This research was conducted in July 2009 and was not limited to web SaaS security but covered all segments of SaaS security. In aided brand awareness for SaaS security, Zscaler ranks ahead of Cisco, Symantec, Google, Trendmicro and Websense. According to Infonetics research customers are clearly responding to the availability of services, financial pressure, and the need to improve the overall performance of their security deployments by evaluating, purchasing, and deploying SaaS for security.
“Strong execution, great price/performance and purpose-built Web SaaS security technology has led to strong brand awareness for Zscaler in a very short time,” said Jeff Wilson, Principal Analyst, Network Security at Infonetics. “When new markets emerge, new innovative entrants often have an opportunity to leap frog bigger established players who are hampered by their legacy solutions. Zscaler is on their way to being a marquee name in SaaS security.”
Here are some other key findings of the research:
- SaaS leads to stronger security deployments overall, and for 81% of respondents, that’s a key driver for moving to SaaS.
- Over 75% of the respondents were planning to use SaaS security to augment, not replace existing solutions. With so many decision makers looking to add a new layer of security flexibility of features becomes very important.
- In June 2009, Infonetics sized the security SaaS market at $381M worldwide in 2008, growing 68% to $641M in 2009, and then growing another 61% to just over $1B in 2010. There is a sense of immediacy in the security SaaS market, and the data in this research report supports that.
“Infonetics research validates the strong acceptance that we are seeing from enterprises and service providers,” said Jay Chaudhry, CEO of Zscaler. “We are pleased to climb to the top of the ranks in a market dominated by giant networking and security companies. Our secret – building high performance SaaS technology from the ground up rather than taking short-cuts with legacy appliances that are single-tenant and don’t scale.”