RPD Rapid7 Inc.

Rapid7 Named a Leader in IDC MarketScape for Worldwide SIEM for SMB

Rapid7 Named a Leader in IDC MarketScape for Worldwide SIEM for SMB

BOSTON, Sept. 10, 2024 (GLOBE NEWSWIRE) -- (NASDAQ: RPD), a leader in extended risk and threat detection, today announced that it has been positioned as a Leader in the IDC MarketScape: Worldwide SIEM for SMB 2024 (US52038824; September 2024).

SIEM technology often sits at the heart of the security operations center (SOC) as it is core to compliance, monitoring, threat detection, and incident response across the attack surface. Because small and mid-sized businesses (SMBs) are often resource constrained, the complexity, labor intensiveness, and high operational cost of traditional SIEMs can derail small teams and overly consume their time on non-security work. The report noted that Rapid7 was recognized for the following strengths: “Pricing is per asset, not based on ingest, so customers find it easy to understand what they are paying,” and “Customers like the ease of implementation and Rapid7's research team, which follows the attack vectors and threat groups. The company's threat intelligence shows up in InsightIDR making sure it stays up to date.”

InsightIDR is a cloud-native, SaaS-based solution that can be deployed in as little as one day. Powered by insights from Rapid7’s MDR service, open-source community, and threat intelligence teams, InsightIDR unifies and transforms relevant data (logs, users, endpoints, and network) from across the modern environment to provide actionable insights, detect real threats early in the attack chain, and give security teams the guidance and capabilities they need to stop threats at the first signs of an attack.

“With InsightIDR, teams of any size can quickly get started cutting through the complexity and noise to accelerate detection and response with reliable alerts, high-context investigations, and automation. In other words, no more shelfware,” said Craig Adams, chief product officer, Rapid7. “We believe that being recognized as a Leader in the IDC MarketScape Worldwide SIEM for SMB reflects our strong customer satisfaction in the capabilities InsightIDR provides them, plus it acknowledges that we have a strategy in place to continue the product’s momentum for unwavering customer success in the years to come.”

The IDC MarketScape evaluation balances various aspects of each vendor’s solution capabilities, including functionality, pricing model, and customer satisfaction, with strategic plans in areas such as innovation, partnerships and alliances, and planned product enhancements. Its intended outcome is to help IT and security buyers evaluate technologies and identify the vendors that best meet their specific criteria.

According to the report: “Organizations who want to combine their proactive and reactive tooling should evaluate Rapid7 which provides a large amount of out of the box detection content. Customers can easily offload some of their TDIR to the Rapid7 managed SOC if the need arises.”

Get a complimentary excerpt of the IDC MarketScape: Worldwide SIEM for SMB 2024 here: . Start a free, 30-day trial of InsightIDR by visiting .

About IDC MarketScape

About IDC MarketScape: IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of technology and service suppliers in a given market. The research utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each supplier’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of technology suppliers can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective suppliers.

About Rapid7

Rapid7, Inc. (NASDAQ: RPD) is on a mission to create a safer digital world by making cybersecurity simpler and more accessible. We empower security professionals to manage a modern attack surface through our best-in-class technology, leading-edge research, and broad, strategic expertise. Rapid7’s comprehensive security solutions help more than 11,000 global customers unite cloud risk management with threat detection and response to reduce attack surfaces and eliminate threats with speed and precision. For more information, visit our , check out our , or follow us on or .

Rapid7 Media Relations

Stacey Holleran

Sr. Manager, Global Communications



(857) 216-7804

Rapid7 Investor Contact

Elizabeth Chwalk

Sr. Director, Investor Relations



(617) 865-4277



EN
10/09/2024

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Rapid7 Inc.

Rapid7 Inc: 1 director

Two Directors at Rapid7 Inc sold/sold after exercising options 22,520 shares at between 0.000USD and 28.676USD. The significance rating of the trade was 58/100. Is that information sufficient for you to make an investment decision? This report gives details of those trades and adds context and analysis to them such that you can judge whether these trading decisions are ones worth following. Included in the report is a detailed share price chart which plots discretionary trades by all the compa...

 PRESS RELEASE

Rapid7 to Attend Upcoming Investor Conferences

Rapid7 to Attend Upcoming Investor Conferences BOSTON, Feb. 25, 2025 (GLOBE NEWSWIRE) -- (NASDAQ: RPD), a leader in extended risk and threat detection, today announced that the company will be attending the following conferences: The Wolfe Research 'March Madness' Software Conference in New York, NY on Wednesday, February 26, 2025.The Raymond James 2025 Institutional Investors Conference in Orlando, FL. The presentation is scheduled for Monday, March 3, 2025 at 1:40 p.m. Eastern Time.The Morgan Stanley Technology, Media & Telecom Conference in San Francisco, CA. The presentation is sche...

 PRESS RELEASE

Rapid7 Delivers Command Platform Innovations to Identify, Prioritize, ...

Rapid7 Delivers Command Platform Innovations to Identify, Prioritize, and Remediate Critical Exposures Latest features designed to protect sensitive data across multi-cloud environments, drive effective prioritization and accelerated remediation of exposures with AI-driven risk scoring and integrated asset context BOSTON, Feb. 25, 2025 (GLOBE NEWSWIRE) -- Rapid7 (NASDAQ: RPD), a leader in extended risk and threat detection, today announced new innovations to its Exposure Management offering. These latest features further enhance the Rapid7 , delivering unmatched attack surface visibilit...

 PRESS RELEASE

Rapid7 Announces Fourth Quarter and Full-Year 2024 Financial Results

Rapid7 Announces Fourth Quarter and Full-Year 2024 Financial Results Annualized recurring revenue (“ARR”) of $840 million, an increase of 4% year-over-yearFull-year revenue of $844 million, up 9% year-over-year; Product subscriptions revenue of $809 million, up 9% year-over-yearFull-year GAAP operating income of $35 million; Full-year non-GAAP operating income of $164 millionFull-year net cash provided by operating activities of $172 million; Free cash flow of $154 million BOSTON, Feb. 12, 2025 (GLOBE NEWSWIRE) --  (Nasdaq: RPD), a leader in extended risk and threat detection, today an...

 PRESS RELEASE

Rapid7 Launches New Global PACT Partner Program

Rapid7 Launches New Global PACT Partner Program Reimagined partner program unifies the Rapid7 channel ecosystem to inspire and support partner growth in 2025 and beyond BOSTON, Feb. 05, 2025 (GLOBE NEWSWIRE) -- Rapid7, Inc. (NASDAQ: RPD), a leader in extended risk and threat detection, today announced that it has launched a new to equip partners with tools, training, and resources to meet the expanding security needs of customers in an increasingly complex global . The new PACT Program will deliver a supportive and structured program for partners to help customers take command of th...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch