Verve's cost-effective solutions incorporate best practices
in cybersecurity to enable automatic end point management including
vulnerability management, the implementation of patches and
monitoring of inventory assets
SANTA CLARA, California,
Dec. 11, 2018 /PRNewswire/
-- Based on its recent analysis of the North American
industrial cybersecurity services market, Frost & Sullivan
recognizes Verve Industrial Protection (Verve) with the 2018 North
American Growth Excellence Leadership Award for achieving a niche
market position as an industrial cyber protection company. In 2017,
Verve rebranded itself from RK Neal, LLC to Verve Industrial
Protection to reflect its focus on industrial control systems (ICS)
protection for cybersecurity and compliance. The company's
committment to addressing the market need for a unified asset view
and interoperable security solutions to reduce overall tools and
labor costs has set it apart from its peers.
Logo:
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Unlike security solutions that are siloed and perform
specialized functions, Verve's range of solutions boasts several
functions, such as asset inventory management, vulnerability
assessment, patching, antivirus updating, and whitelisting, in a
single platform called Verve Security Center (VSC) all enabled by
innovative and safe end point management tools that provide
unparalleled visibility and control within an OT environment.
"While conventional solutions offer passive anomaly detection,
Verve has attracted industrial customers by customizing existing IT
solutions to perform OT-specific end-point detection for superior
visibility and coverage of assets," said Riti Newa, Industry Analyst. "In response to the
growing demand for cybersecurity among less cyber-mature end users
in manufacturing, pharmaceutical, and process industries, Verve
recently introduced the VSC Version 6.0 that builds on its existing
solutions, with enhanced vulnerability assessment and asset
inventory functionalities to aid end users that are first-time
adopters of cybersecurity solutions."
Over the last few years, Verve has outpaced the industrial
cybersecurity services market's growth rate of 20.9%. For the past
three years, the company's year-over-year growth has been above
50%, mainly because of the success of its differentiated platform.
In addition, Verve's exceptional customer service endows it with a
huge competitive advantage, which is reflected in its 95% customer
retention rate.
Verve's cybersecurity offerings are easy to use and present high
levels of interoperability. The company's vendor-agnostic solutions
can be integrated with products from original equipment
manufacturers (OEMs), such as Emerson, Honeywell, ABB, Rockwell,
Schneider, and GE. Another significant advantage of Verve's
solutions is that they are extremely cost effective. In addition,
the automation of labor-intensive security management and the
unified nature of Verve's platform eliminate the need for separate
span ports and added infrastructure, thus lowering the overall cost
of ownership.
"With the incorporation of NERC CIP, NIST, and IEC compliance
protocols in its solutions, Verve has established a strong regional
presence in the North American market," noted Riti Newa. "In a marked departure from the
traditional approach of the passive anomaly detection of assets,
which demands an incremental cost of infrastructure and labor,
Verve has leveraged its deep domain expertise to deliver an IT-type
asset view in the ICS space. This future-proof growth strategy has
positioned the company for substantial growth in the near-to-long
term."
Each year, Frost & Sullivan bestows this award upon the
company that demonstrates excellence in growth and customer value.
The award recognizes the superiority of the product/service as well
as the overall customer, purchase, ownership, and service
experience offered, resulting in the recipient company seeing
above-market growth and greater share of wallet. The award lauds
the recipient company's growth, diversification, and sustainability
strategies.
Frost & Sullivan Best Practices Awards recognize companies
in a variety of regional and global markets for demonstrating
outstanding achievement and superior performance in areas such as
leadership, technological innovation, customer service, and
strategic product development. Industry analysts compare market
participants and measure performance through in-depth interviews,
analysis, and extensive secondary research to identify best
practices in the industry.
About Verve Industrial Protection
Verve Industrial
Protection is the leading solution provider for industrial control
cyber security and reliability. Celebrating its 25th Anniversary in
2019, Verve supports industrial clients on their most critical
control system issues. From design and monitoring services,
to its flagship Verve Security Center OT cyber security software
platform, Verve provides turnkey reliability and cyber security in
power, oil & gas, pharmaceuticals, pulp & paper, food, and
many other industrial operations. Contact us at
www.verveindustrial.com.
About Frost & Sullivan
Frost & Sullivan, the
Growth Partnership Company, collaborates with clients to leverage
visionary innovation that addresses the global challenges and
related growth opportunities that will make or break today's market
participants. For more than 50 years, Frost & Sullivan has been
developing growth strategies for the global 1000, emerging
businesses, the public sector, and the investment community.
Contact us: Start the discussion.
Contact:
Estefany Ariza
P: 210.477.8469
F: 210.348.1003
E: estefany.ariza@frost.com