BURLINGTON, Mass., March 20, 2018 (GLOBE NEWSWIRE) -- Veracode, Inc., a leader in securing the world’s software, and acquired by CA Technologies (NASDAQ:CA), today announced it has been positioned in the Leaders quadrant for the fifth consecutive time of Gartner Inc.’s 2018 “Magic Quadrant for Application Security Testing1.” In our view, CA Technologies (Veracode)’s position in the Leaders quadrant is a result of the company’s completeness of vision and ability to execute in the application security testing (AST) market.
In Gartner Inc.’s 2018 “Magic Quadrant for Application Security Testing1,” Ayal Tirosh, Dionisio Zumerle, and Mark Horvath state that, “Through 2021, the AST market is projected to have a 14% compound annual growth rate (CAGR). This continues to be the fastest growing of all tracked information security segments. The overall global information security market is forecast to grow at a CAGR of 7.6% through 2021. The AST market size is estimated to reach $775 million by the end of 2018.1”
“Competing in today’s application economy requires a Modern Software Factory approach that gives companies a competitive edge by embedding security directly into the software development process. Security becomes the differentiator when developers are empowered to create secure code – free from the defects that cybercriminals use to breach company data,” said Sam King, general manager, CA Veracode. “We believe that Gartner’s ongoing recognition is testament to our commitment to empowering both security professionals and developers with the tools, training and consultative support that make software development processes like DevSecOps possible and enable the Modern Software Factory approach.”
With broad language and framework coverage, the CA Veracode Application Security Platform offers a holistic, scalable way to manage security risk across your entire application portfolio. With a wide range of security testing and threat mitigation techniques, as well as support from our security program managers, organizations are given the keys to creating a strategic, repeatable way to tackle application security risk. It features integration into Software Development Life Cycle (SDLC) processes with built-in integrations with multiple IDEs, bug-tracking systems and build servers, as well as APIs for integration, CA Veracode Greenlight and Developer Sandbox.
To view a complimentary copy of the full report, visit: https://info.veracode.com/analyst-report-gartner-mq-appsec-testing-2018.html
To learn more about CA Veracode’s Application Security Platform, please visit: http://www.veracode.com/products/application-security-platform
For a free trial of CA Veracode Greenlight, please visit: https://info.veracode.com/veracode-greenlight-self-service-free-trial.html
Read more about the DevSecOps approach to software security, with the CA Veracode’s State of Software Security Report 2017
1Gartner, Inc. “Magic Quadrant for Application Security Testing” by Ayal Tirosh, Dionisio Zumerle, and Mark Horvath, March 19, 2018.
Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
About CA Veracode
Veracode, CA Technologies application security business, is a leader in helping organizations secure the software that powers their world. Veracode’s SaaS platform and integrated solutions help security teams and software developers find and fix security-related defects at all points in the software development lifecycle, before they can be exploited by hackers. Our complete set of offerings help customers reduce the risk of data breaches, increase the speed of secure software delivery, meet compliance requirements, and cost effectively secure their software assets- whether that’s software they make, buy or sell.
Veracode serves more than 1,400 customers across a wide range of industries, including nearly one-third of the Fortune 100, three of the top four U.S. commercial banks and more than 20 of Forbes’ 100 Most Valuable Brands. Learn more at www.veracode.com, on the Veracode blog, on Twitter and in the CA Veracode Community.
Copyright © 2018 Veracode, Inc. All rights reserved. All other brand names, product names, or trademarks belong to their respective holders.
Media Contact:
Laura Paine
Veracode
lpaine@veracode.com
Phone: 339-674-1535
Megan Grasty
Highwire for Veracode (U.S.)
megan@highwirepr.com
Phone: 415-963-4174 ext. 26
Kate Baldwin
Hotwire for CA Veracode (UK & EMEA)
Kate.Baldwin@hotwireglobal.com
Phone: +44 (0) 207 608 4677