HCLSoftware Named in 2022 Gartner Magic Quadrant for Application Security Testing

HCLSoftware announced that it has been positioned by Gartner as a Leader in the newly issued Magic Quadrant for Application Security Testing. The evaluation is based on specific criteria that analyzes the company’s overall Completeness of Vision and Ability to Execute.  It marks the second consecutive year that HCLSoftware has been positioned in the Leader Quadrant.

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“Gartner expects worldwide AST end-user spending to exceed $3.1 billion in 2022. Market drivers, centered on increasing regulatory and compliance mandates and a growing recognition of the risks associated with software, remain. A variety of high-profile software supply chain attacks underscored those risks, and — at least in the U.S. — prompted regulatory actions that will continue to drive overall application security demands. Market trends include:

• Continuing rapid growth and increased competitive complexity.
• Expansion in the scope of testing required.
• An emphasis on the shift of many application security functions directly into the hands of development and operations teams.

“We believe our position as a Leader on the Gartner Magic Quadrant further validates that customers and business partners should feel confident about the investment, innovation and leadership that HCLSoftware is bringing to HCL AppScan,” said Raj Iyer, Senior Vice President of Product Management, HCLSoftware. “Together with our tightly integrated DevOps products and our focus on the breadth of coverage of quality and security testing capabilities, we are delivering a portfolio of world-class continuous testing solutions to our customers.”

HCLSoftware offers fast, agile, accurate scanning with greater accuracy and provides users with an expanded set of testing and compliance reporting capabilities.

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Gartner Magic Quadrant reports are a culmination of rigorous, fact-based research in specific markets, providing a wide-angle view of the relative positions of the providers in markets where growth is high and provider differentiation is distinct. Providers are positioned into four quadrants: Leaders, Challengers, Visionaries and Niche Players. The research enables you to get the most from market analysis in alignment with your unique business and technology needs.

Gartner Magic Quadrant for Application Testing Security; Authors – Dale Gardner, Mark Horvath, and Dionisio Zumerle - April 18, 2022

Gartner does not endorse any vendor, product or service depicted in its research publications and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s Research & Advisory organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

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