Ivanti is helping customers reduce the risk of ransomware and other cybersecurity threats infiltrating the organization at the endpoint. To demonstrate Ivanti’s value in the security space, we commissioned Forrester Consulting to conduct a Total Economic Impact ™ (TEI) study to examine the potential return on investment (ROI) organizations may experience by using Ivanti Endpoint Security Solutions.
SUSCEPTIBLE WITHOUT IVANTI
Prior to using Ivanti, the organizations Forrester interviewed had a high degree of threat exposure. Manual processes made it difficult to update operating systems and third-party applications, for example. And alternative solutions were not meeting their needs.
A manager of deployment services even said, “When we implemented our previous solution, we had issues right from the start. Detection logic wasn’t finding the correct number of vulnerable endpoints.”
The solution that organizations were searching for? One with more consistent cybersecurity practices for patching, application control, etc. They wanted:
- Automated patching for third-party applications and operating systems
- Additional features beyond patch management, such as application and device control, privilege management, reporting, etc.
- Advanced reporting to help meet compliance requirements
After Forrester’s interviews with four Ivanti Endpoint Security customers, they determined the following benefits for a composite organization:
Patching is automated and requires fewer resources to complete. Ivanti’s automated patching capabilities reduce the resources required to complete patching activities by two-thirds.
An interviewed Ivanti user said, “We deploy six million patches across all the endpoints each year in multiple languages and we only need five people to support 50,000 devices. Without automated patching with Ivanti, we would need 25 people.”
And what’s more, reports can be produced in a quarter of the time — over three years, that’s an average savings of $832,785. This is specifically helpful for compliance reporting, where auditors will require numerous reports to verify they have met or exceeded standards.
The director of end-user computing for a healthcare organization says, Ivanti Xtraction“ greatly simplified our software audits; it showed the query and the data, and the reports could be emailed with high confidence.”
THAT UNQUANTIFIABLE “IT” FACTOR
Equally felt among the customers interviewed, Ivanti forges a strong customer experience and partner focus.
“With Ivanti we can also get the correct applications to these employees quickly, in under two hours, creating a happy end user.” – An interviewed Ivanti user
Forrester also found Ivanti partnerships helped improve overall security strategy. Customers were able to obtain critical integrated security solutions not offered by Ivanti through our partnership program.
“Ivanti is a huge part of our security posturing, and they bring other solutions they don’t own through their partner program, helping us meet all our cybersecurity needs.” – An interviewed Ivanti user
SECURED FOR THE FUTURE
As ransomware and other threats are on the rise, it’s becoming increasingly important for organizations to act, and act fast. Ivanti helps organizations address essential components of their security strategy, including the first five security controls from the Center for Internet Security’s Critical Security Controls list: inventory and control of hardware and software assets, continuous vulnerability management, controlled use of administrative privileges, and secure configuration.
The risk reduction is demonstrable, with a 40% risk reduction of a large data incident (one involving more than 1,000 records). And the number of critical and high-risk items can be reduced by up to 50%. On average, Forrester found that this risk reduction amounted to $585,146 over three years for their composite organization.
“Had we not patched, we’d most likely have had a breach or incident with WannaCry.” – Associate director of infrastructure security, telecommunications company
With Ivanti capabilities such as automation, third-party application patching, application whitelisting, and privilege management, other legacy solutions that lacked automation capabilities or didn’t function as expected were retired – for a savings of 30% to 50% in license and support costs.
Overall, Forrester found a total benefit of $3.5 million over three years, with a net present value of $2.3 million — an ROI of 176%. And this payback begins at seven months.
Check out the Forrester Total Economic Impact™ of Ivanti Security Solutions or take Forrester’s online assessment for a more customized analysis based on your organization’s individual needs. Visit our site for more helpful resources on Ivanti Endpoint Security Solutions and how they can help you reduce the risk of ransomware and other cybersecurity threats infiltrating your organization.
Check out our new infographic “With Ivanti Endpoint Security, Be More…” Or, if you want a more comprehensive look at just how Ivanti Endpoint Security Solutions can help you reduce the risk of ransomware and other cybersecurity threats infiltrating your organization, take Forrester’s online assessment and check out the Forrester Total Economic Impact™ of Ivanti Security Solutions.
This article was originally published here.