SAN JOSE, Calif.--(BUSINESS WIRE)--ShieldX Networks (ShieldX), today announced that it has been positioned as a top “innovator” in the MicroQuadrant for the “Microsegmentation Global Forecast to 2022 Report” published by MarketsandMarkets. In the report: https://www.shieldx.com/marketsandmarkets-microseg-report/, which covers microsegmentation as a promising new cloud security market segment, MarketsandMarkets attributes the positioning of ShieldX as a top innovator due to the superior breadth and depth of the company’s APEIRO cloud security offering as well as its unique ability to meet growing customer demands for advanced microsegmentation solutions.
According to the MarketsandMarkets’ report, the microsegmentation market is expected to be worth 2.038.7 Million USD by 2022.
“ShieldX was founded to reinvent security for the cloud computing age. Being recognized as a micro-segmentation innovator by MarketsandMarkets reconfirms we are successfully executing on our mission,” said Dr. Ratinder Ahuja, CEO of ShieldX. “We purpose built APEIRO as the industry’s first full microservices-based cloud security platform to fill the market void for a network-based security solution that offers IT organizations fully automated and on-demand enterprise-grade security, including advanced micro-segmentation capabilities, across multiple environments from a single console at multi-cloud scale.”
“ShieldX Networks has introduced APEIRO, a new model for comprehensive, network-based security using the latest innovations in the application and infrastructure technology. It has a unique containerized architecture providing microsegmentation with a full set of shipping security controls, including advanced firewalling, TLS decryption, URL classification and reputation, malware detection, and threat prevention, as well as visibility. This has helped ShieldX Networks and APEIRO to stand out as one of the top Innovators in the MarketsandMarkets MnM MicroQuadrant.” Analysts:- Sameer Bhatnagar, Abhinav Dhruwa, Kaustubh Bandewar & Shifali Sood.
APEIRO has been uniquely designed to meet the cost, scalability and real-time threat prevention needs of modern businesses. The platform enables enterprises to deploy uniform security policy and enforcement with deep packet inspection, advanced micro-segmentation, automation and coordination across any multi-cloud environment including VMware, OpenStack, Amazon Web Services and Microsoft Azure. Its revolutionary “Indicator-of-Pivot” technology tracks and prevents lateral movement to catch new attacks, like NotPetya, in real-time.
“Our company continues to add the innovations needed to help organizations combat the latest cybersecurity attacks and secure their data across modern data center and cloud environments,” added Dr. Ahuja.
For more information about APEIRO, please visit https://www.shieldx.com/product/. To read MarketsandMarkets analysis of ShieldX within the “Microsegmentation Global Forecast to 2022” report, please visit https://www.shieldx.com/marketsandmarkets-microseg-report/.
MarketsandMarkets is a global market research, consulting and a revenue impact company. It is World’s No. 1 in terms of premium market research studies published annually. Serving as a business intelligence partner to Fortune 500 companies across the world, it provides multi-client reports, company profiles, databases, and custom research services. MarketsandMarkets covers seventeen industry verticals, including advanced materials, aerospace and defense, agriculture, automotive and transportation, biotechnology, building and construction, chemicals, energy and power, food and beverages, industrial automation, medical devices, mining, minerals and metals, packaging, pharmaceuticals, semiconductor and electronics, and telecommunications and IT.
ShieldX is redefining cloud security to better protect organizations against cyber threats—regardless of where sensitive data resides or how it moves across public, private or multi-cloud environments. Organizations are using APEIRO to scale security and micro-segmentation on demand, support business innovation, meet compliance requirements and protect against the latest cyberattacks. Based in San Jose, CA, ShieldX was founded in 2015 and is privately funded. Contact us at ShieldX.com.