January 22, 2024
PwC is proud to have been named a Leader in this important new IDC MarketScape covering the Cybersecurity Consulting Services market (January 2024, IDC #US50463423).
Per the report, ‘Over the past two decades, organizations have increased their reliance on technology in efforts to improve their customer experience, business operations, supply chain management, and employee productivity. Cybersecurity has become much more relevant as digitally transformed businesses realize that their very existence may depend on their capabilities to withstand a cyberattack and quickly restore to a viable operating status.’
Commenting on PwC, the report states that, ‘[PwC] Consultants use digital assets and technologies to assess cyber-risk; track and report cybersecurity; detect, control, and solve cyber-risks; upskill the cyberorganization; and provide cyber-risk management. Among the tools are Cyber Tech Rationalizer, an accelerator that supports portfolio rationalization, and Secure Cloud Shield, which speeds cloud transformation security assessments and analysis.’
It also cites a number of PwC strengths, including:
‘PwC's industry and regulatory expertise are highly appreciated by its customers. Protocols align with industry sector requirements and frameworks to prepare clients for regulatory examination.
The Global Centre for Crisis & Resilience consists of a dedicated team of 1,000 senior professionals that enable the PwC network to support clients with crisis readiness, response, and recovery.
Clients praise PwC highly in areas of stakeholder communications, overall cybersecurity strategy, skills, and expertise. Identity and access management, management of staff turnover, and pricing flexibility receive the highest marks.’
It goes on to recommend to clients that they consider PwC, stating that, ‘large and/or multinational organizations that prefer a cyber and risk portfolio aligned to their maturity and transformation journeys should consider PwC. Priorities may include data trust and management, identity and access management, cyber-resilience, cyber integration into the business and cyber-risk management.’
Mohamed Kande, Vice Chair PwC US - US Consulting Solutions Leader and Global Advisory Leader, said, ‘We are really pleased to be named a Leader in this IDC MarketScape. Cyber and privacy needs to be handled by everyone in an organisation. From the boardroom to the break room, cyber and privacy is now everybody's business — because digitisation means every aspect of every organisation is now at risk. We truly are all in this together.’
About IDC MarketScape:
IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors.