We’re proud to share that Forrester Consulting, a leading global research and continuous guidance firm, conducted a commissioned Total Economic Impact (TEI) study of deploying Flare. Forrester released findings that with this platform, customers can see a: 321% return on investment (ROI) over three years with a net present value (NPV) of $699,000, and a payback period under six months.
How Did Forrester Come Up with these Numbers?
Forrester interviewed a few Flare customers, then put together a “composite company” to figure out Flare’s ROI. Here’s the profile for the composite company:
- A globally distributed organization generating $10 billion in annual revenue
- Supports 15,000 employees worldwide
- 25 full-time employees dedicated to security operations and incident response
What are Forrester’s Other Findings?
The study found that the composite organization achieved:
- A 25% reduction in risk of data breaches (resulting in $509,100 avoided costs related to breaches)
- A 25% gain in productivity and $166,900 in labor savings
- A 31% reduction in licence fees as compared to legacy solutions
What Did Our Customers Say About Us?
We’re very proud of the work we do in contributing to a safer digital world. Here’s what our customers had to say:
“The difference with Flare is the fact that their intelligence is deeper and more detailed. Being able to produce malware logs, copies of data, data leaks, and the like – it is very powerful for us to have that visibility. There are very few vendors in the space able to do what Flare does.”
– Senior Incident and Threat Hunting Specialist, Consulting
“Flare has sped up our research into an incident. Rather than spending hours crawling around the dark web, now we just spend a few minutes checking on a hunch, and we can eliminate ideas on how somebody came into possession of something.”
– VP of Software and Cloud, Telecom
“Flare has become a force multiplier for us. We don’t have a big team, but with Flare, we’re doing the work of a much larger one.”
– Senior Incident Response Manager, Electronics Firm
Learn More About the Forrester’s TEI Study of Flare
Flare empowers organizations to proactively detect, prioritize, and mitigate the types of exposures commonly exploited by threat actors. Our platform automatically scans the clear & dark web and prominent threat actor communities 24/7 to discover unknown events, prioritize risks, and deliver actionable intelligence you can use instantly to improve security.
Flare integrates into your security program in 30 minutes and often replaces several SaaS and open source tools. Learn how Flare can help organizations like yours by reading the Forrester TEI Study.
