Claroty named leader in Gartner's CPS protection report

Claroty, a company specialising in cyber-physical systems protection, has been named a Leader in the first-ever Gartner Magic Quadrant for CPS Protection Platforms.

In the report, Claroty was recognised as the highest for Ability to Execute and furthest for Completeness of Vision among 17 vendors evaluated. The Magic Quadrant report is designed to offer a comprehensive analysis of the market, providing an overview of the relative market positions of CPS protection platform providers. These providers are assessed and positioned in four categories: Leaders, Challengers, Visionaries, and Niche Players.

Yaniv Vardi, Chief Executive Officer of Claroty, stated, "We are incredibly honoured to be recognised as a Leader in the first-ever Gartner Magic Quadrant for CPS Protection Platforms. We believe this report marks the beginning of a new era in CPS security—one that reflects the growing awareness of its importance across industries. We are deeply grateful to our customers and partners for their trust and collaboration, which have been instrumental in shaping this industry and advancing our shared mission to secure the world's most critical infrastructure."

Claroty's platform provides industrial, healthcare, public sector, and commercial organisations with the tools necessary to safeguard their CPS infrastructure. The platform includes features such as exposure management, network protection, secure access, and threat detection. It is designed to support both cloud-based and on-premises deployments, catering to the diverse operational environments these organisations require.

The company's recognition follows a significant year, marked by various achievements. Claroty has experienced over 300% growth in its annual recurring revenue over the past three years and now serves 24 companies within the Fortune 100. In addition, the company has secured over USD $100 million in strategic growth financing.

Throughout this period, Claroty has also launched what it describes as the most comprehensive CPS protection platform available in the industry, aimed at safeguarding mission-critical infrastructure. Furthermore, the company entered into a multi-year Strategic Collaboration Agreement with Amazon Web Services.

In addition to being recognised by Gartner, Claroty has also been honoured with the Best in KLAS award for Healthcare IoT Security for five consecutive years. Moreover, the company has made its way onto the Deloitte Technology Fast 500 list for four consecutive years and the Forbes Cloud 100 list for three consecutive years.

With cyber threats becoming increasingly sophisticated as connectivity grows, traditional IT security methods can be insufficient to protect CPS underpinning critical infrastructure. Claroty's designation as a leader in the Gartner Magic Quadrant highlights its role in addressing these complex challenges and securing vital infrastructure across various sectors.