This Day On The Street
Continue to site right-arrow
ADVERTISEMENT
This account is pending registration confirmation. Please click on the link within the confirmation email previously sent you to complete registration.
Need a new registration confirmation email? Click here
$1 buys you full access to ALL of TheStreet's Subscription Services! Learn More

F5 Networks, Imperva, Penta Security Systems And Barracuda Networks Emerge As Champions In The APAC Web Application Firewall Vendors Frost IQ Matrix, Says Frost & Sullivan

SINGAPORE, Dec. 18, 2013 /PRNewswire/ -- The necessity of relying on web applications to drive business processes has given rise to the popularity of Web Application Firewall (WAF) solutions for many organisations in the Asia Pacific region.

Employing web applications allows companies to run their businesses more effectively in several ways, such as enhancing the user experience or reducing overhead costs. This has, in turn, led to an increased possibility of security breaches in the corporate network, especially with cyber attacks becoming more prevalent. A rising number of these sophisticated attacks are also happening at the application level.

As such, enterprises are beginning to acknowledge the limitations of their traditional network firewalls and recognise that these sophisticated threats can only be rectified through the utilisation of a WAF solution.

The shift towards securing web applications is also due to stringent regulatory requirements for client data protection and privacy laws in light of essential services such as Internet banking and e-commerce transactions.

Frost & Sullivan has evaluated the top ten web application firewall vendors in the Asia Pacific region and assessed them using the Frost Industry Quotient (Frost IQ) matrix. The Frost IQ matrix comprises of four quadrants: 'champions', 'challengers', 'defenders' and 'explorers'.

The Frost Industry Quotient - Frost IQ, is a proprietary Frost & Sullivan vendor assessment tool that accurately operationalises and captures the merits and challenges faced by technology vendors in their respective segments and geographies. The tool aims to provide key decision makers with a localised yet objective perspective of the industry in a highly heterogeneous business environment.

In the Frost IQ for Asia Pacific Web Application Firewall Vendors 2013 , F5 Networks, Imperva, Penta Security Systems and Barracuda Networks have been positioned in the champions' quadrant, based on a combination of market share performance and future growth strategies as determined by Frost & Sullivan research studies.

WAFs can be largely divided into three forms; standalone WAF appliances, integrated WAF on an Application Delivery Controller (ADC) or software WAF solutions. At present, standalone appliances remain the preferred form factor in the Asia Pacific region, accounting for 77.7 per cent of the market. However, this may change in the future.

Edison Yu, Associate Director, ICT Practice, Frost & Sullivan Asia Pacific says, "Standalone versions are generally perceived as a better option for protecting mission-critical web applications but the cost-effective integrated WAF solutions  have been gaining popularity. This is especially so for businesses such as service providers and Small and Medium Businesses (SMBs) who appreciate the lower costs and ease of use generated (by integrated WAFs)."

In 2012, the web application firewall market in the Asia Pacific region was largely dominated by four main players in terms of their market share performance; F5 Networks, Imperva, Penta Security Systems and Barracuda Networks. These vendors have not only built up a strong market presence in their respective regions but differentiated themselves through their WAF offerings, such as offering standalone and integrated WAF solutions. From a future growth perspective, the Frost IQ also recognises the efforts of NSFOCUS, Citrix Systems and Venustech to compete in the Asia Pacific WAF market, be it in product development or market expansion.

Although their presence has been largely limited to local markets, smaller vendors such as Piolink, MonitorApp and Trinity Soft have been progressively increasing their business with hopes of regional expansion.

1 of 2

Select the service that is right for you!

COMPARE ALL SERVICES
Action Alerts PLUS
Try it NOW

Jim Cramer and Stephanie Link actively manage a real portfolio and reveal their money management tactics while giving advanced notice before every trade.

Product Features:
  • $2.5+ million portfolio
  • Large-cap and dividend focus
  • Intraday trade alerts from Cramer
  • Weekly roundups
TheStreet Quant Ratings
Try it NOW
Only $49.95/yr

Access the tool that DOMINATES the Russell 2000 and the S&P 500.

Product Features:
  • Buy, hold, or sell recommendations for over 4,300 stocks
  • Unlimited research reports on your favorite stocks
  • A custom stock screener
  • Upgrade/downgrade alerts
Stocks Under $10
Try it NOW

David Peltier, uncovers low dollar stocks with extraordinary upside potential that are flying under Wall Street's radar.

Product Features:
  • Model portfolio
  • Stocks trading below $10
  • Intraday trade alerts
  • Weekly roundups
Dividend Stock Advisor
Try it NOW

Jim Cramer's protege, David Peltier, identifies the best of breed dividend stocks that will pay a reliable AND significant income stream.

Product Features:
  • Diversified model portfolio of dividend stocks
  • Alerts when market news affect the portfolio
  • Bi-weekly updates with exact steps to take - BUY, HOLD, SELL
Real Money Pro
Try it NOW

All of Real Money, plus 15 more of Wall Street's sharpest minds delivering actionable trading ideas, a comprehensive look at the market, and fundamental and technical analysis.

Product Features:
  • Real Money + Doug Kass Plus 15 more Wall Street Pros
  • Intraday commentary & news
  • Ultra-actionable trading ideas
Options Profits
Try it NOW

Our options trading pros provide daily market commentary and over 100 monthly option trading ideas and strategies to help you become a well-seasoned trader.

Product Features:
  • 100+ monthly options trading ideas
  • Actionable options commentary & news
  • Real-time trading community
  • Options TV
To begin commenting right away, you can log in below using your Disqus, Facebook, Twitter, OpenID or Yahoo login credentials. Alternatively, you can post a comment as a "guest" just by entering an email address. Your use of the commenting tool is subject to multiple terms of service/use and privacy policies - see here for more details.
Submit an article to us!

Markets

DOW 17,827.75 +12.81 0.07%
S&P 500 2,072.83 +5.80 0.28%
NASDAQ 4,787.3170 +29.0650 0.61%

Brokerage Partners

Rates from Bankrate.com

  • Mortgage
  • Credit Cards
  • Auto

Free Newsletters from TheStreet

My Subscriptions:

After the Bell

Before the Bell

Booyah! Newsletter

Midday Bell

TheStreet Top 10 Stories

Winners & Losers

Register for Newsletters
Top Rated Stocks Top Rated Funds Top Rated ETFs