ExtraHop shows the highest revenue change of all NDR vendors
SEATTLE–(BUSINESS WIRE)–#Extrahop–ExtraHop today announced that in less than three years it has the third highest global market share by revenue in 2019 in the Network Detection and Response (NDR) segment, according to Gartner’s Market Share: Enterprise Network Equipment Market Share Worldwide, 2020*. Even more notable from our standpoint is the revenue change from 2018 to 2019 of 382.2% listed for ExtraHop, the highest in the Network Detection and Response segment.
In the Gartner Hype Cycle for Security Operations, 2020** it states that, “Security and risk management leaders are unable to prepare for every eventuality and, therefore, must make intelligent, business-driven decisions about which security operations technologies they choose to manage the risks to their organization.”
ExtraHop’s growth numbers are a result of arming security leaders and practitioners with the intelligence they need to make informed decisions quickly to stop a threat before an adversary can breach the network.
“We are excited that Gartner has recognized the NDR market and are tracking its growth,” said Bryce Hein, Chief Marketing Officer, ExtraHop. “The Gartner Hype Cycle for Security Operations, 2020 gave network detection and response a ‘high’ benefit rating, and we are encouraged to see this matches our customer experience and success with NDR.”
* Source: Gartner “Market Share: Enterprise Network Equipment by Market Segment, Worldwide, 1Q20” by Christian Canales, Joe Skorupa, Naresh Singh, and Nat Smith, June 29, 2020.
** Source: Gartner “Hype Cycle for Security Operations, 2020” by Pete Shoard, June 23, 2020.
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ExtraHop is on a mission to arm security teams to confront active threats and stop breaches. Our Reveal(x) 360 platform, powered by cloud-scale AI, covertly decrypts and analyzes all cloud and network traffic in real time to eliminate blind spots and detect threats that other tools miss. Sophisticated machine learning models are applied to petabytes of telemetry collected daily from millions of devices, helping ExtraHop customers to identify suspicious behavior and secure over 15 million IT assets, 2 million POS systems, and 50 million patient records. ExtraHop is a market share leader in network detection and response with 30 recent industry awards including Forbes AI50, Cybercrime Ransomware 25, and SC Media Security Innovator.
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