10 October, 2024 โ F5 (NASDAQ: FFIV) is proud to announce it has been named a Leader in the IDC MarketScape: Worldwide Web Application and API Protection (WAAP) Enterprise Platforms 2024 Vendor Assessment (doc #US51795524, September 2024).
IDC MarketScape notes, โF5 has demonstrated a long history of delivering high performance and advanced security capabilities to secure applications and APIs, often through strategic acquisitions of purpose-built point solutions. By combining these point solutions into a single coherent, flexible platform, F5 aids enterprises in their digital transformation journeys.โ
According to IDC, the IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of ICT suppliers in a given market. Through a rigorous scoring methodology based on both qualitative and quantitative criteria, a vendorโs competitive position and market share is determined.
โIn a threat landscape that is constantly changing, businesses of all sizes need a unified, simple to deploy and AI-ready WAAP solutionโ, said Adam Judd, Senior Vice President for APCJ at F5. โWe welcome the findings of IDC MarketScape as our customers tell us they appreciate that our unifiedย WAAP solutionย is deployable across complex hybrid, multicloud environments, and is available in various form factors, including hardware, software, SaaS, and as a managed service.โ
Evaluated for the vendorsโ three-to-five-year strategy as well as the capabilities of current offerings, IDC MarketScape notes, โThe F5 strategic road map addresses AI security needs. GenAI is a new threat vector but also provides customers an opportunity for optimisation such as penetration testing for large language models.โ
As AI accelerates the growth of applications and the APIs that connect them, F5 brought API code testing and telemetry analysis to F5 Distributed Cloud Services in 2024. IDC MarketScape notes, โThe F5 Distributed Cloud Services support management through APIs or user interface. These flexible options allow teams to support shift left initiatives through integrations with non-security team workflows.โ
For more information onย IDC MarketScape: Worldwide WAAP Enterprise Platforms 2024 Vendor Assessment, visit here.
About F5
F5 is a multicloud application security and delivery company committed to bringing a better digital world to life. F5 partners with the worldโs largest, most advanced organizations to secure every appโon premises, in the cloud, or at the edge. F5 enables businesses to continuously stay ahead of threats while delivering exceptional, secure digital experiences for their customers. For more information, go to f5.com. (NASDAQ: FFIV)
You can also follow @F5 on X (Twitter) or visit us on LinkedIn and Facebook to learn about F5, its partners, and technologies.
F5 is a trademark, service mark, or tradename of F5, Inc., in the U.S. and other countries. All other product and company names herein may be trademarks of their respective owners.
About IDC MarketScape
IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of technology and service suppliers in a given market. The research utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each supplierโs position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of technology suppliers can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective suppliers.
