A New Era of AppSec: 10 Times as a Leader in Gartner® Magic Quadrant™ for Application Security Testing

Ten represents the completion of a cycle and the beginning of a new one, as there are ten digits in our base-10 number system. We've scanned nearly 140 trillion lines of code, so we can’t help but pick up on the one and the zero in our exciting announcement. It's the tenth publication of the Gartner® Magic Quadrant™ for Application Security Testing (AST), and we are pleased to announce we are a Leader for the tenth consecutive time. Here’s a look at the new cycle we see beginning: the need for intelligent software security. 

From Application Security Testing to Intelligent Software Security 

This market isn’t what it used to be, and we see a new cycle beginning which we see as the need for intelligent software security. What started as a recognized SaaS code scanning tool has evolved into an intelligent software security platform that prevents, detects, and responds to security flaws and vulnerabilities and manages risk and compliance for thousands of leading organizations around the world. 

One customer in the Banking Industry writes, “Of all the companies that carry out POCs, all are in Gartner... only Veracode proves to be a solid and senior company or enough to put in our financial institution." Just the prevention of vulnerabilities alone isn’t enough to secure mission critical software; just detection isn’t enough; just response isn’t enough. Only an innovative, end-to-end platform that prevents, detects, and responds to vulnerabilities can give you peace of mind while managing the improvement of your security posture. 

Intelligent software security is continuous software security that grows and evolves with you and your needs. Considering the theme of cycles, we’ve recognized how vital our help is in evolving and maturing your program. Not only this, but we also help you take the next steps to onboard new teams, transform your technology, or reduce an entirely different class of risk.  

We’re committed to meeting organizations where they are and maturing them to where they want to go. Three ways we’ve done this are receiving FedRAMP authorization, acquiring data residency in EMEA, and utilizing our expertise and analytics to inform conversations about how to take the next best step together. 

Our Vision and Execution are Determined by Our Customers 

To be named a Leader in the Gartner® Magic Quadrant™, we feel one must meet several key criteria for excellence in both Ability to Execute and Completeness of Vision. We’re customer obsessed; customers inform our continued innovation, execution, and strong vision for the future of intelligent software security. 

“Pythagoreans say the ten denotes completeness, finality and perfection because when you arrive at the decad you return to the monad...the one and the zero are reunited," writes Richard J Oldal. While this new era is a return to the monad (like the zero and one in our logo), it’s not empty handed. We know more now from continuously reinventing ourselves and helping our customers do the same. 

We’ve learned from the copious amounts of anonymized data from the thousands of vital organizations trusting us to support the security and success of their missions. It’s thanks to them that we created peer benchmarking, for example, to help them define an appropriate level of risk and measure against peer organizations to identify strengths and weaknesses. 

It's thanks to the trust of our customers that we are able to continue shaping this market by making informed decisions based on real needs. Perhaps that’s why we were also recognized as a Customers' Choice in the 2022 Gartner® Peer Insights™ 'Voice of the Customer': Application Security Testing with a 97% willingness to recommend, based on 61 reviews, 31 July 2022. 

The true value of a software security solution is not just in the initial purchase; it’s in the long-term implementation, rollout, adoption, and maturation that a programmatic approach brings you. And this is exactly what we solve for. In a world of false promises and false positives, we believe it’s an incredible feat to be an intelligent software security platform that’s recommended by 97% of customers. 

We send one last special thanks to the analysts and team at Gartner®; security is about trust, and you bring objectivity that promotes such trust. Click here to download the report and learn from their comprehensive evaluation of this market. 

Disclaimer 

Gartner, Magic Quadrant for Application Security Testing, Mark Horvath, Dale Gardner, Manjunath Bhat, Ravisha Chugh, Angela Zhao, 17 May 2023 
Gartner, Gartner Peer Insights ‘Voice of the Customer’: Application Security Testing, By Peer Contributors, 30 September 2022 

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