Checkmarx Software Security Platform

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Additional Info

Company (that provides the nominated product / solution / service)Checkmarx
Websitehttp://www.checkmarx.com
Company size (employees)500 to 999
Type of solutionSoftware

In 3 bullets, summarize why this product or service is different from the competition and deserves recognition:

● Notable Milestones & Growth: Earlier this year, Checkmarx was acquired by Hellman and Friedman for $1.15B, representing the largest acquisition of an application security company to date. Additionally, over the span of 2020, Checkmarx achieved a trifecta of accolades from Gartner, being named a Leader in the Magic Quadrant for AST for the third consecutive year, earning the highest score for the DevOps/DevSecOps use case in the Critical Capabilities for AST report, and being named a Peer Insights Customers’ Choice for AST for the second straight year.
● Delivers Significant ROI: A large financial customer recently analyzed the quantifiable value of its investment in Checkmarx’s solutions. The findings reveal a 393% ROI and 7 million Euro in savings over three years, with payback occurring in less than five months after implementation. Additional benefits:
○ Saved 104,000 developer hours and 1.7 million Euro annually;
○ Avoided an estimated 2 million Euro in regulatory fines; and
○ Saw an 80% decrease in necessary employee requirements for overseeing AppSec projects and integrations.
● Superb Customer Satisfaction: The Checkmarx Software Security Platform is highly rated in the industry and amongst customers, so much so that Checkmarx has been named a Gartner Peer Insights Customers’ Choice for Application Security Testing for two consecutive years (2020, 2019). Examples of customer feedback shared on Gartner Peer Insights include:
○ “Checkmarx is the best static scanning tool I’ve used during my 6 years as a software security analyst who specializes in dynamic and static application scans. It gets the job done.” Security and Risk Management, Healthcare Industry
○ “The experience has been exceptional. The software is very intuitive and currently meets our needs with quickly evaluating our code bases.” Enterprise Architecture and Technology Innovation, Communications Industry

Brief Overview

Developers are under immense pressure due to the demands of today’s accelerated and complex software development cycles. This often leads to security being overlooked in lieu of speed. However, by not embedding security into software development from the start, organizations are setting themselves up for slowdowns and financial losses down the line.

The Checkmarx Software Security Platform – comprising CxSAST, CxSCA, CxIAST, and developer training solutions – takes a unified approach to inserting automated security testing throughout all stages of the software development lifecycle. Checkmarx’s solutions integrate seamlessly with developer workflows and tools to enable them to find and remediate vulnerabilities in both custom and open source code before software is released into production.

In the last 12 months alone, Checkmarx has evolved its platform significantly by:
● Unveiling new automation capabilities that simplify the implementation of AST in DevOps environments by automatically triggering SAST and SCA scans in the event of pull requests, with results embedded directly into developers’ pipelines.
● Launching a next-gen, SaaS-based SCA solution, with the true value being realized when combined with CxSAST, allowing developers to secure both custom and open source code via one unified solution.
● Announcing integrations with GitHub and GitLab to bring comprehensive, automated AST right to developers’ preferred environments.

As a testament to the benefits customers see, a new case study from Nucleus Research found that by deploying Checkmarx, a prominent European financial organization realized 393% ROI and 7 million Euro in savings over three years.

According to the research firm, “With Checkmarx, the financial institution increased productivity, leading to increased customer satisfaction and growth in the number of new clients. As the company needed to scale up, demand increased, and Checkmarx helped them address these concerns by providing developers with the necessary tools to succeed even in a rapidly growing environment.”