How a $10B Enterprise Customer Drastically Increased their SaaS Security Posture with 201% ROI by Using SSPM

neub9
By neub9
3 Min Read

SaaS applications are revolutionizing the software world by enabling remote work, encouraging collaboration, and providing a cost-effective alternative to purchasing software outright. However, the same features that make SaaS apps popular – accessibility from anywhere and collaboration – also make them vulnerable to security threats.

Recently, a Total Economic Impact™ (TEI) study conducted by Forrester Consulting on behalf of Adaptive Shield demonstrated the significant ROI achieved by a multimedia company with an annual revenue of $10 billion. The study found a 201% quantitative ROI and substantial qualitative security ROI improvements.

In this article, we will explore the findings of the study and how Adaptive Shield’s SaaS Security Posture Management (SSPM) platform positively impacted the global enterprise.
The organization being studied faced several challenges with their SaaS stack leading up to 2022, including a lack of knowledge and skills to manage the applications, difficulty in understanding unique configurations, and the impact on security and compliance. They also struggled with increased SaaS adoption, spreading sensitive assets and valuable data across multiple applications, and dealing with increased complexity due to M&A activity.
As a solution, the organization turned to Adaptive Shield, recognizing the platform’s ability to integrate with multiple business applications, mitigate communication issues, and help maintain regulatory compliance.

The study found that Adaptive Shield’s platform enabled the security team to gain complete control and increased visibility of the security posture of all business-critical applications. Additionally, the platform facilitated improved collaboration between security teams and app owners, overcoming challenges introduced by the democratization of SaaS security.
Furthermore, the study quantified the economic benefits of the organization’s investment in Adaptive Shield, indicating a 201% ROI over a three-year period. Additionally, the platform’s operational efficiency and compliance improvements resulted in substantial cost savings and payback in less than six months.

The push toward SaaS security continues as organizations recognize the need to secure their SaaS stack and justify the cost of implementing new security tools. By demonstrating significant, measurable ROI, organizations can make a compelling case for investing in a SaaS Security Posture Management (SSPM) tool.

To view the full TEI study, visit https://thehackernews.com/2024/02/how-10b-enterprise-customer-drastically.html. If you found this article interesting, we invite you to follow us on Twitter and LinkedIn to read more exclusive content.

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