Acronis, a global leader in cybersecurity, earned the “Company to Action” award in Frost & Sullivan’s “Frost Radar: Disaster Recovery as a Service, 2022” report.
In a field of 12 other competitors, Acronis ranks prominently in the top quadrant of growth and innovation. This placement praises Acronis as a company “first to consider for investment, partnership or benchmarking.”
The Frost Radar is a benchmarking system and assessment report released annually by Frost & Sullivan, a growth consulting firm. Released in November 2022, the DRaaS Radar recognizes organizations best placed to capitalize on growth opportunities in their respective industries.
Earning a lot on the radar means that the supplier demonstrates excellence in the following categories: growth potential, best practices, competitive intensity, customer value and partner potential.
Along the Innovation X axis, companies are judged based on their understanding of disruptive trends and their ability to develop solutions to challenge those trends. The growth index along the Y-axis measures sales, market share, vision, sales and marketing. The chart depicts a company’s track record of growth and shows its healthy pipeline and solid vision to further expand its innovation.
In this evaluation, the Frost Radar compared the benefits of DRaaS (disaster recovery as a service) providers. The Frost Radar highlighted Acronis Cyber Protect Cloud as a triumph in innovation, especially the advanced protection packages that allow customers to customize and extend their services.
By adding powerful components based on the specific needs of a customer or service provider, users can strengthen their services and control costs. The report also applauded Acronis for its skyrocketing recent growth: 260% year-over-year from 2021.
Acronis’ strong focus on investing in the partner ecosystem with attractive incentive programs that increase sales in the channel and the company’s successful acquisition history were other positives in the growth category.
“We’re honored to be recognized as ‘Company to Action’ in Front & Sullivan’s Frost Radar DRaaS report, but in the spirit of the benchmark, we’re not resting on our laurels.
“We will continue to innovate our products and partner programs to break new ground in the cybersecurity and DRaaS industries,” said Candid Wüest, VP of Research at Acronis.
The latest Acronis Cyberthreats Report: End of 2022 revealed that ransomware gangs were making 200-300 new victims every month in the second half of 2022, as ransomware remains the biggest threat to large and medium-sized businesses.
With ransomware incidents increasing 25% over the past five years and 40% of ransomware attacks leading to a criminal payday, fast-acting and effective DRaaS is critical to any compliant and secure corporate cyber protocol.1
“The phrase ‘instrumental in driving the industry forward into the future’ is what struck me and excites me most about the report. As long as cybercrime exists, there is still work to be done. We hope to continue to push ourselves and our contemporaries to advance the DRaaS industry,” added Wüest.