Horizon3.ai NodeZero Users Saved $325K+ A Year Independent Study Shows

Horizon3.ai today announced the findings from a commissioned study, “The Total Economic Impact of the NodeZero Platform, October 2023,” performed by Forrester Consulting. It shows how the composite organization studied received vulnerability and risk intelligence that exceeds traditional approaches through use of the NodeZero platform and achieved a three-year 63% return on investment (ROI). In addition, operations time savings freed up the equivalent of one member of their four-member security team to focus on other security initiatives.

The study released today is based on six Horizon3.ai customers from four organizations who were interviewed by Forrester Consulting. These users span the entertainment, manufacturing, healthcare, and construction industries and the quantified benefits they experienced formed the framework for Forrester’s Total Economic Impact (TEI). By aggregating the customers’ characteristics, Forrester created a composite company with 2,000 employees and $500 million in annual revenue for its analysis. Forrester’s multistep approach included an evaluation of the costs, benefits, flexibility, and risk factors yielded from the investment in NodeZero for this profile, while also comparing NodeZero to those customers’ earlier penetration testing and vulnerability scanning approaches.

Key findings for the benefits and cost savings over a three-year period were improvement in security operations productivity by 30% worth $348,000, avoided costs of $255,000 by eliminating third-party penetration tests, and savings of $206,000 from reduced vulnerability scanner expenses. This resulted in a financial benefit of $809,000 for this composite organization, and a total value of $1.63 for each dollar spent. The study also highlights many additional security and business benefits that provided significant value but were not quantified in the study.

Direct quotes from the interviewed organizations reveal a common thread throughout the study about their key challenges prior to adopting NodeZero. They included expensive, inconsistent, and ineffective third-party penetration tests, lack of exploitable vulnerability prioritization, and how the use of siloed or underperforming security tools led to poor insights. Readers will also learn how NodeZero improved the interviewed organizations’ security operations productivity, provided measurable and quantifiable benefits, delivered reductions in cost for previous solutions, and enabled a long list of other benefits.

The identities of the customers are not disclosed in “The Total Economic Impact of the NodeZero Platform, October 2023.”

For organizations that face similar challenges and must make comparable decisions as those found in the Forrester TEI study, Horizon3.ai suggests they download the study and see for themselves what these customers said about NodeZero. These customers note that it has considerably improved their company’s security postures, while providing a notable return on their investment over previous cyber risk assessment approaches.

To read the full TEI study, visit https://www.horizon3.ai/tei-study/

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