Revolutionizing AppSec with Comprehensive ASPM Platform

  • Frost & Sullivan recognizes OX Security as a leader in Application Security Posture Management (ASPM) market
  • OX Security’s Active ASPM Platform offers advanced features and comprehensive visibility throughout the development lifecycle
  • 198.2% year-over-year growth, securing 5.2% of the global ASPM market share
  • Comprehensive risk management with Pipeline Bill of Materials (PBOM) prioritizes critical risks effectively
  • No-code workflow automation simplifies remediation for AppSec and DevOps teams
  • OX Security’s ease of deployment and intuitive user interface praised by Frost & Sullivan

Frost & Sullivan has recognized OX Security as a leader in the Application Security Posture Management (ASPM) market in its 2024 Frost Radarâ„¢ Report. The report highlights OX Security’s innovative approach to addressing modern application security challenges, offering a unified and comprehensive view of the software development lifecycle with advanced features like its proprietary AppSec Data Fabric. This platform integrates 10 native application scanning solutions and over 100 third-party tools for continuous visibility and risk management across applications, APIs, and cloud environments. OX Security’s Active ASPM Platform has achieved 198.2% year-over-year growth, securing 5.2% of the global ASPM market share and becoming the fifth-largest ASPM vendor worldwide. The company’s Pipeline Bill of Materials (PBOM) prioritizes software vulnerabilities based on exploitability, reachability, and business impact, reducing traditional AppSec tool noise by 97%. No-code workflow automation simplifies remediation for both AppSec and DevOps teams. With a robust partner ecosystem and ease of deployment, OX Security is transforming the application security landscape.

Factuality Level: 8
Factuality Justification: The article provides accurate and objective information about OX Security’s recognition by Frost & Sullivan as a leader in the Application Security Posture Management (ASPM) market. It highlights the company’s innovative features and growth, along with customer satisfaction. The content is focused on the main topic without any significant digressions or personal opinions.
Noise Level: 2
Noise Justification: The article provides relevant information about OX Security being recognized as a leader in the Application Security Posture Management (ASPM) market by Frost & Sullivan and highlights their innovative features and growth. It also mentions their approach to risk management and customer satisfaction. The content is focused on the topic and supports its claims with data, such as market share and growth rate. However, it could benefit from more analysis or context about the broader industry trends or implications of OX Security’s success.
Private Companies: OX Security
Key People: Neatsun Ziv (CEO and Co-founder), Vivien Pua (Lead Analyst at Frost & Sullivan)

Financial Relevance: Yes
Financial Markets Impacted: No
Financial Rating Justification: The article discusses Frost & Sullivan recognizing OX Security as a leader in the Application Security Posture Management (ASPM) market and highlights the company’s growth, but it does not directly impact financial markets or specific companies.
Presence Of Extreme Event: No
Nature Of Extreme Event: Other
Impact Rating Of The Extreme Event: No
Extreme Rating Justification: There is no mention of an extreme event in the text.
Move Size: No market move size mentioned.
Sector: Technology
Direction: Up
Magnitude: Large
Affected Instruments: Stocks

Reported publicly: www.businesswire.com