Company earned top spots through market leadership and innovation such as analytics and tailored dashboards, prioritized remediation and risk rankings, as well as frictionless developer experience

Checkmarx Dominates Growth and Innovation Indices in Frost Radar™: Application Security Posture Management, 2024

Katie Brookes
Merritt Group for Checkmarx
brookes@merrittgrp.com

Checkmarx, the industry leader in cloud-native application security for the enterprise, has been positioned as the leader in Frost & Sullivan’s Frost Radar™: Application Security Posture Management (ASPM), 2024. Achieving the highest ranking on the Radar Growth Index at 21.3% market share in 2024, Checkmarx also earned a top spot on the Innovation Index.

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Checkmarx leads the ASPM industry with 21.3% market share and ongoing innovation. (Graphic: Business Wire)

Driven by the complex challenges faced by organizations that are continually increasing the volume and speed of their cloud-native application development, ASPM is being adopted by security and development teams seeking a holistic view of their application security (AppSec) security posture. ASPM provides them with a centralized way to find, prioritize and remediate vulnerabilities in order to reduce critical risk. Authored by Vivien Pua with contributor Jarad Carleton, the Frost Radar report covers the current market landscape of ASPM product and services offerings from leading AppSec vendors.

“ASPM is enormously valuable to enterprises to effectively mitigate critical AppSec risk while cutting through the noise for security and development teams, something that can only be done as part of a holistic AppSec approach,” said Checkmarx VP of Product Management Ori Bendet. “Checkmarx is equipping the enterprise with the greatest possible value from correlation and prioritization of critical risks by delivering our robust ASPM approach within the Checkmarx One platform.”

The Frost Radar said of Checkmarx:

“Checkmarx has introduced application risk management that allows customers to focus remediation by application criticality and risk associated; an analytics module that enables customers to manage their application security posture under a single view; a tailored dashboard to present relevant metrics to business executives; and the ability to integrate findings from third-party AST tools to provide customers with greater flexibility in consolidating their existing tools into Checkmarx One.”

“Threat actors are primarily targeting applications and seeking to exploit vulnerabilities in order to gain access to sensitive data and critical business processes,” said Frost & Sullivan Senior Industry Analyst Vivien Pua. “Checkmarx is leading the market with some of the most innovative and well-integrated new ways to optimize the maturity of enterprise AppSec posture management as a strategic advantage and business growth driver.”

Complete code-to-cloud visibility and guided remediation based on risk

Noting that the combination of the company’s application security testing tools and integrations with third-party tools offer complete code-to-cloud visibility, the authors explained how Checkmarx One customers can more completely understand and correlate exploitable paths. This enables prioritization of the most critical vulnerabilities based on potential risk and impact and guides more effective remediation.

“Frictionless” developer experience throughout the SDLC

Keeping time-pressured developers focused on the highest priorities within their familiar integrated development environments (IDEs), AppSec tasks are embedded throughout the SDLC through integrations with DevSecOps tools and processes.

In-IDE AI AppSec tools streamline testing and remediation

As part of its ASPM solution, the Checkmarx One platform includes AI application security capabilities including AI Security Champion for guided and auto-remediation, real-time security testing for AI-generated code as developers are writing it and an AI Query Builder that delivers generative AI support within the query editor tools.

To read the full report, visit this page. Learn more about Checkmarx One and the ASPM solution here.

About Checkmarx

Checkmarx is the leader in application security and ensures that enterprises worldwide can secure their application development from code to cloud. Our consolidated platform and services balance the dynamic needs of enterprises by improving security and reducing TCO, while simultaneously building trust between AppSec, developers, and CISOs. At Checkmarx, we believe it’s not just about finding risk but remediating it across the entire application footprint and software supply chain with one seamless process for all relevant stakeholders. We are honored to serve more than 1,800 customers, including 40 percent of all Fortune 100 companies.

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