CrowdStrike Named a Leader in IDC MarketScape for Worldwide MDR

The #1 global managed detection and response (MDR) provider and pioneer continues to dominate. Today, CrowdStrike was named a Leader in the 2024 IDC MarketScape: Worldwide Managed Detection and Response 2024 Vendor Assessment¹ among the 19 vendors evaluated in the report.

CrowdStrike was also recently named a Leader in Frost & Sullivan’s 2024 Frost Radar: Managed Detection and Response.

The global demand for MDR continues to surge as businesses face a harsh reality: While many struggle to recruit the cybersecurity talent they need, adversaries are getting faster and stealthier. To stay ahead of emerging threats, organizations must operate at maximum efficiency and employ the right blend of skills, processes and cutting-edge technology.

CrowdStrike Falcon® Complete delivers 24/7 managed detection and response, powered by the AI-native CrowdStrike Falcon® XDR platform. Operating as a seamless extension of customers’ teams, Falcon Complete combines advanced threat detection, investigation and response with industry-leading threat intelligence and threat hunting to accelerate mean-time-to-respond (MTTR), narrow the cybersecurity skills gap and thwart even the most sophisticated attacks.

As a pioneer in MDR, the emerging cloud detection and response (CDR) category and adversary intelligence, CrowdStrike is consistently recognized by customers, analysts and third-party awards programs for its industry-leading MDR offering.

IDC MarketScape: CrowdStrike a Leader in WW MDR

CrowdStrike has been named a Leader in the 2024 IDC MarketScape for worldwide MDR report. CrowdStrike was also named a Leader in the IDC MarketScape: U.S. Managed Detection Response Services 2021 Vendor Assessment.²

IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of ICT suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. The Capabilities score measures vendor product, go-to-market and business execution in the short-term. The Strategy score measures alignment of vendor strategies with customer requirements in a 3-5-year timeframe. Vendor market share is represented by the size of the circles. Vendor year-over-year growth rate relative to the given market is indicated by a plus, neutral or minus next to the vendor name.

The report noted…

“Falcon Complete offers a unique flat analyst operating model for MDR by eliminating analyst tiers and forming interchangeable "Fire Teams" — with each respective Fire Team capable of operating independently and delivering MDR services to customers 24x7. In this approach, every MDR security analyst is an experienced incident response expert capable of investigating and responding to any endpoint, cloud, identity, or multidomain threat they encounter. This model enables Falcon Complete to more efficiently and nimbly scale and balance resources across all Fire Teams while delivering positive security outcomes to every supported customer. The CrowdStrike Falcon platform and Falcon Complete MDR services are 100% cloud native and cloud delivered.”

Speed is a defining characteristic of Falcon Complete. With the fastest observed adversary breakout time down to just over two minutes in 2023, organizations are under immense pressure to quickly identify and stop attacks.

“Falcon Complete’s multi-domain detection and response capabilities accelerate the time it takes to find and stop sophisticated, lateral-moving attacks.”

CrowdStrike’s elite security analysts and threat hunters deliver a seamless MDR service enriched with integrated threat intelligence and high-fidelity telemetry from the Falcon platform. This allows for faster and more effective detection and response to stop breaches.

“IDC recognizes that there is a push ‘to the platform’ that is occurring in cybersecurity. This is worthy of mention as CrowdStrike has a wide depth and breadth of capabilities built into their Falcon platform that provides the technology muscle for their MDR offering.”

Frost & Sullivan: CrowdStrike Growth Leader in MDR

CrowdStrike was also named a Leader in the Frost Radar: Managed Detection and Response 2024. In the report, Frost & Sullivan named CrowdStrike the growth leader among 22 vendors evaluated and an “innovator and powerhouse” in the MDR sector.

“CrowdStrike delivers its services to companies of all sizes and across all industry verticals .... The company leverages its success in other security product and service domains, including endpoint security, cloud security, identity protection, XDR and more to power and cross-sell its MDR services while offering complimentary services that provide additional value for customers looking to address specific use cases.”

Our continued growth in MDR is accelerated by Falcon Complete for Service Providers, which allows service providers to enhance their offerings and provide their customers the highest level of protection powered by our industry-leading MDR service.

“In September 2023, CrowdStrike launched Falcon Complete for Service Providers, which allows MSSPs and MSPs to license the company’s Falcon Complete MDR service, leveraging its expert team and technology to deliver 24/7 monitoring and security to their customers. This program is flexible, allowing service partners to co-brand, white-label and customize the services they provide to unlock significant growth potential.”

Ranking CrowdStrike high in innovation, Frost & Sullivan called Falcon Complete a “world-class security service” in the MDR sector, also stating:

“CrowdStrike leverages its impressive R&D budget and expert understanding of the challenges and trends in the security space to hold on to its position as an innovator and powerhouse in the MDR sector and in the cybersecurity industry as a whole.”

Frost & Sullivan also noted CrowdStrike’s technology advantage of delivering Falcon Complete from the unified Falcon platform. This approach allows us to extend our MDR capabilities across endpoints, identities, cloud workloads and third-party data to deliver end-to-end response and remediation across key attack surfaces.

“CrowdStrike recently expanded its MDR portfolio, extending its 24/7 managed detection and response service to incorporate trusted third-party telemetry, data sources, and automated response actions. These integrations are powered by more than 20 CrowdStrike alliance partners, including Cisco, Fortinet, Mimecast, Proofpoint and Zscaler.”

Gold Standard of MDR

As the pioneer of MDR, CrowdStrike remains the gold standard, delivering outcomes, not homework, for thousands of organizations worldwide.

Falcon Complete received the highest detection coverage and was the only MDR to detect 99% of adversary techniques in the 2022 MITRE Engenuity ATT&CK® Evaluations for Managed Security Services. And our best-in-class CrowdStrike Breach Prevention Warranty gives customers additional peace of mind knowing we stand behind our claims.

Thank you to the IDC MarketScape and Frost & Sullivan for the recognition and to all of the hardworking CrowdStrikers for delivering the best MDR service on the market!

Additional Resources

• Download the excerpt for the 2024 IDC MarketScape for Worldwide Managed Detection and Response report.
• Generate your own tailored MDR business case using the CrowdStrike ROI Calculator for MDR.
• Learn why our customers routinely see over 403% ROI, as assessed in Forrester’s Total Economic Impact™ (TEI) of CrowdStrike Falcon Complete MDR.
• Discover the power of Falcon Complete MDR with the industry’s only end-to-end surgical remediation service — schedule your demo today.
• Contact CrowdStrike sales.

   

1. Doc #US49006922, April 2024
   

2. Doc #US48129921, August 2021