Industry News

F&S Commends Rapid7 for Capturing Nearly a Quarter Share of the Global Vulnerability Management Market

Renovata client Rapid7 (NASDAQ: RPD) has gained plaudits and a 2018 Global Market Leadership Award from independent analysts, Frost & Sullivan, for a remarkable commercial performance. The business has achieved a market share of 24% and year-on-year growth of 28% in its highly competitive sector.

Tim McElligott, Senior Analyst at Frost & Sullivan, attributes the company’s success to a partner model which has seen the business align with leading providers across the technology ecosystem (IBM, VMWare, Salesforce, AWS etc.) along with process optimisation specialists, ServiceNow.

McElligott says, “Overall, Rapid7 has emerged as an innovator that keeps pace with the changing requirements in cybersecurity. Its focus on integration across cybersecurity technologies, and on working with partners, has encouraged the market to increasingly adopt new methods to optimize security within the enterprise operational silos.”

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