Key Market Drivers and Applications

Key market drivers include the rapid digital transformation of industries, stringent government regulations mandating the protection of critical infrastructure, and a growing awareness of the financial and operational risks associated with OT security breaches. The expansion of IoT devices in industrial settings has also broadened the attack surface, necessitating robust security measures. The primary applications for OT security solutions are Asset Discovery and Management: Identifying and cataloging all connected devices within the OT network. Threat Detection and Monitoring: Continuously monitoring network traffic for anomalous behaviour and potential threats. Vulnerability Management and Risk Assessment: Identifying and prioritizing vulnerabilities in industrial assets to mitigate risks effectively.

360Quadrants Evaluation Framework for Operational Technology Security

The 360 Startup/SMEs evaluation matrix provides a comprehensive company assessment of major start-ups and SMEs offering green technology and sustainability solutions. It outlines key findings and analyzes how effectively each market vendor performs based on predefined competitive leadership mapping criteria. Vendor evaluations are conducted based on product footprint and market share/rank. Each category includes various criteria upon which the vendors are assessed. The top criteria for product footprint evaluation are done by offerings (Solution and Services), development mode (Cloud and On-Premises), organization size (SMEs and Large Enterprises) and verticals (Transportations and Logistics, Manufacturing, Energy & Power, Oil & Gas and Other Verticals).

Startups/SMEs Companies in the OT Security Landscape

Dragos

A progressive company founded in 2016, specializing in industrial cybersecurity with a platform offering asset visibility, threat detection, and response capabilities specifically for ICS/OT environments.

Nozomi Networks

A progressive company from 2013, providing a solution for OT and IoT security and visibility that delivers asset discovery, threat detection, and operational insights.

Claroty
A progressive company established in 2015, that offers a comprehensive platform to secure industrial networks by providing visibility, threat management, and secure remote access.

Radiflow
A startup company from 2009, offering cybersecurity solutions for OT networks that include risk assessment, threat monitoring, and access control.