Gartner has named Lookout a Visionary in the 2022 Magic Quadrant for Security Service Edge (SSE).
Lookout also announced it scored among the top three solutions in the 2022 Gartner Critical Capabilities for SSE in each of the four use cases. Gartner defines SSE as a platform that converges cloud-centric security capabilities to facilitate secure access to the web, cloud services (SaaS) and private applications.
According to Gartner, revenue in the SSE market amounted to between $2.4 billion and $2.6 billion in fiscal 2020 and is growing by 19% to 21% year over year. The emergence of a market for security service edge solutions reflects the need for organizations with hybrid workforces to apply consistent security from the cloud. An SSE platform offers immediate opportunities to reduce complexity, costs and the number of vendors. Gartner also states that, “B by 2025, 80% of enterprises will have adopted a strategy to unify web, cloud services and private application access from a single vendor’s SSE platform.”
The Gartner Critical Capabilities for SSE – an adjunct to the Gartner Magic Quadrant – is a comparative analysis that scores products or services against a set of critical differentiators that every business needs as identified by Gartner. Among 11 vendors, the Lookout SSE solution earned one of the top three scores for each of the four use cases in the Critical Capabilities report, which are secure web and cloud usage; Detect and mitigate threats; Connect and secure remote workers; and Identify and protect sensitive information.
Lookout SSE consolidates CASB, ZTNA, and SWG with Endpoint Security into a unified platform that reduces cost and complexity while simplifying management of security and access across all endpoints, clouds and on-premises infrastructures. By analyzing telemetry data from users, endpoints and the data they’re accessing, Lookout dynamically enforces policies with varying degrees of granularity.
“Most organizations today are struggling with the complexity of multiple point security products and it is no longer a tenable strategy. We believe Gartner has recognized this trend by establishing the new SSE category that requires a unified platform approach to streamline data protection as organizations migrate to the cloud,” Jim Dolce, CEO of Lookout said.
The placement of Lookout in the Magic Quadrant is based on evaluation by Gartner of the company’s ability to execute and its completeness of vision.