Radware named major player in IDC MarketScape WAAP report
Radware has been recognised as a major player in the IDC MarketScape 2024 report for Worldwide Web Application and API Protection (WAAP) Enterprise Platforms. The IDC MarketScape report highlights Radware's use of behaviour-based detections and multiple machine learning models that enhance threat detection accuracy, particularly concerning zero-day threats.
The report, officially titled "Worldwide Web Application and API Protection (WAAP) Enterprise Platforms 2024 Vendor Assessment," notes that Radware's proactive threat intelligence, which includes crowd-sourced data and insights from the ERT Threat Research Center, significantly boosts the detection of zero-day and advanced threats.
Sharon Trachtman, chief marketing officer at Radware, commented on the recognition: "We believe the IDC MarketScape for WAAP Report helps validate our market position and acknowledge our continuous innovation. Our AI-powered solutions are designed to help organizations protect against a threat landscape that is constantly shifting. This includes adapting policies in real-time to mitigate automated attacks and maintaining a high level of security with low levels of false positives, so no legitimate traffic is blocked."
In addition to the recognition from IDC, Radware has been acknowledged by various industry analysts. These include Aite-Novarica Group, Forrester Research, Gartner, GigaOm, KuppingerCole, and Quadrant Knowledge Solutions, who have all recognised Radware as a leader in the cybersecurity market.
The IDC MarketScape vendor assessment model offers a comprehensive overview of the competitive fitness of technology and service suppliers in the market. The model employs a rigorous scoring methodology, combining qualitative and quantitative criteria, to generate a graphical representation of each supplier's market position. It is designed to provide technology buyers with a 360-degree assessment of current and prospective suppliers' strengths and weaknesses.
Radware is known for its cloud application, infrastructure, and API security solutions, which leverage AI-driven algorithms for real-time protection against complex web and application threats. These solutions are utilised by enterprises and carriers worldwide to safeguard against evolving cybersecurity challenges.