Forrester Study Highlights 201% ROI with Adaptive Shield’s SaaS Security
In a digital era where software-as-a-service (SaaS) applications are becoming the norm, bolstering cybersecurity measures to ward off potential threats is a paramount concern for corporations. A study conducted by Forrester Consulting Total Economic Impact™ (TEI) in 2024 plunges deeper into this issue by reviewing the experience of a $10 billion global media and information services corporation, a customer of Adaptive Shield, a leading SaaS Security platform. The corporation realized a stunning 201% return-on-investment (ROI) over three years by capitalizing on Adaptive Shield’s SaaS Security Posture Management (SSPM) solution.
The corporation, mirroring the general wave of rapid SaaS adoption, implemented the SSPM solution to improve overall control of its SaaS ecosystem’s security. The decision to choose Adaptive Shield’s platform was precipitated by incidents stemming from SaaS misconfigurations, which prompted a revaluation of the corporation’s security measures. Following the implementation of Adaptive Shield, the corporation saw a significant improvement in security score trends and a 55% rise in SaaS security posture, reducing the risk of data breaches.
Providing more granular details, the study reported that the corporation saved $2.18 million in three years after the SSPM solution adoption, with a payback period under six months. The most notable benefits included an enhancement in SaaS Security management and visibility, better regulatory compliance control, and increased collaboration between business and security teams. The SSPM solution’s relevance and efficiency were recognized by Adaptive Shield’s CEO, who believes that organizations must manage their app security posture, even as SaaS providers enhance their own security measures.
According to external sources Business Wire and Montner Tech PR , Adaptive Shield’s SSPM platform significantly mitigates potential risks and threats by enhancing visibility and control over diverse SaaS applications. Not only does this bolster the overall security posture, but it also builds stakeholder confidence. Moreover, the adoption of SSPM solutions aligns with industry best practices and aids in staying ahead of emerging security threats.
For more in-depth findings, the full TEI report is accessible here. Adaptive Shield’s commitment to securing SaaS data continues to reflect in its workings with Fortune 500 enterprises and recognition as a GartnerĀ® Cool Vendor™ 2022. To stay updated with Adaptive Shield’s advancements, follow them on LinkedIn.
If you enjoyed this article, please check out our other articles on CyberNow