Akamai Recognized as a Leader in the 2022 Gartner® Magic Quadrant™ for Cloud Web Application and API Protection
Akamai Ranks #1 in Ability to Execute and Farthest in Completeness of Vision for Cloud Web Application and API Protection
CAMBRIDGE, Mass., September 6, 2022 /PRNewswire/ — Akamai Technologies, Inc. (NASDAQ: AKAM), the cloud computing company that powers and protects life online, today announced that it has been named Gartner Magic Quadrant Leader for Cloud WAAP for the sixth consecutive year. In a companion report titled Gartner Critical Capabilities for Cloud Web Application and API Protection, Akamai scored highest in 3 out of 4 use cases for cloud-based WAAP: API Security and DevOps, High Security, and Web-Scale Business Application .
The Magic Quadrant for Cloud Web Application and API Protection was previously released as Magic Quadrant for Web Application Firewalls and Akamai has been named a leader for six consecutive years. The report analyzes the App & API Security cloud solutions market and rates the vendors on their ability to execute and completeness of vision. The report notes:
“The overall WAAP cloud market is mature, although some segments are quite dynamic, such as bot management and API threat protection. Unlike the WAAP appliance market, which is dominated by replacement purchases, the market WAAP cloud continues to see double-digit growth, driven by new customers, new applications to protect, and the shift from appliances to cloud security.”
Additionally, the Magic Quadrant for Cloud Web Application and API Protection states:
- By 2024, 70% of organizations implementing multicloud strategies for web applications in production environments will prioritize cloud web application and API protection platform (WAAP) services over WAAP appliances and to native WAAP IaaS.
- By 2026, 40% of organizations will select a WAAP provider based on its advanced API protections and web application security features, up from less than 15% in 2022.
- By 2026, more than 40% of organizations with consumer-facing applications that initially relied only on a WAAP for bot mitigation will seek additional anomaly detection technology from specialized vendors, compared to less by 10% in 2022.
Cybersecurity professionals face evolving and emerging threats, increasing the demands of their role. For example, Akamai’s recent program threat report for Apps & APIs said attempted web application attacks against customers increased more than 300% year over year in the first quarter of 2022.
“Threat actors are constantly evolving to evade protections, both revamping existing attacks and finding new vulnerabilities to exploit. drive to continuously innovate and stay ahead of evolving threats,” said Eric Graham, Akamai’s vice president of product management. “We protect the world’s most valuable and sought-after brands and enjoy both Gartner recognition and customer feedback for our WAAP solutions.”
According to the report, “Akamai’s customers continue to place a high value on the support of its vendors, which is a notable achievement for a large platform vendor. Strong, consistent customer support builds trust and drives Akamai adoption when potential customers ask to request peer referral calls.I
Here are some additional Akamai customer comments from the 2022 Gartner® Peer Insights™ “Voice of the Customer” Web Application and API Protection Report:ii
“Akamai is the gold standard in Edge security. They’ve protected us for over a decade and continue to innovate and improve” –Senior Director of Retail Technology
“Very good experience especially when it comes to automatically blocking new zero day exploits for example the recent log4J zero day was implemented very quickly on WAF.” –Head of Service and Security Management in Government Industry
“The Swiss army knife for Layer 7 protections. Able to build 0-day mitigations for 0-day threats. Reduce cloud hosting costs by removing unwanted traffic. Improved customer experience by reducing latency and increasing availability. we are safe from intruders.” –Solution architect (security) in the banking sector
“Akamai plays an important role in the areas of security and performance. While Akamai products are fantastic at what they do, what really sets them apart is the level of service they provide. The Akamai team truly feels like an extension of our own team. They really care about the success of our business and are very proactive in helping us take full advantage of the platform and improve in the areas of security and performance.” –A chief technology officer
To read the full 2022 Gartner Magic Quadrant for Cloud Web Application and API Protection, please visit here.
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Akamai powers and protects life online. Leading companies around the world choose Akamai to create, deliver and secure their digital experiences, helping billions of people live, work and play every day. With the world’s most distributed computing platform, from cloud to edge, we make it easier for our customers to develop and run applications, while bringing user experiences closer and threats away. Learn more about Akamai’s security, compute, and delivery solutions at akamai.com and akamai.com/blogor follow Akamai Technologies on Twitter and LinkedIn.
Akamai Media Relations
I Gartner, Magic Quadrant for Protecting Web Applications and APIs in the Cloud, Jeremy D’Hoinne, Adam Hils, John Watts, Rajpreet Kaur, August 30, 2022
ii Gartner, Gartner Peer Insights “Voice of the Customer”: Protecting Web Applications and APIs, Peer Contributors, 22n/a March 2022
SOURCEAkamai Technologies, Inc.