PwC named a Leader in the IDC MarketScape: Asia/Pacific Cloud Security Services 2021 Vendor Assessment Study

June 22, 2021

PwC has been named a Leader in the IDC MarketScape: Asia/Pacific Cloud Security Services 2021 Vendor Assessment Study (June 2021, IDC #AP47097721).  The IDC MarketScape found that ‘the cloud-first approach took the Asia/Pacific market by storm in 2020. Fast-growing organisations in Asia/Pacific tend to adopt a cloud-first or cloud-only approach when digitising their business to take advantage of the agility, efficiency, and resilience that cloud technology promises.’

The IDC MarketScape states that: ‘PwC has a unified global strategy when it comes to portfolio development, which is shared by its territory practice around the world. The firm also has a products organisation that owns, manages, and continues to develop the products and proprietary solutions related to cloud security and has built a series of enablers to support its execution strategy at scale.’

Siva Krishnan, Partner, APAC Cybersecurity Consulting Leader, PwC India, said: ‘Our early and continuing security investments with the major hyper scalers, our focus on PwC intellectual property and talent for securely building, operating and migrating workloads to the cloud continue to be recognised as industry leading by clients, market participants and now highly respected industry analysts. We are honoured to receive this recognition from IDC.’

Commenting on PwC’s strengths, the report states: ‘Innovation is another area that is quickly emerging as a strength of PwC, as many of its solutions and platforms are integrated with next-gen technologies, such as analytics and AI, which results in enhanced levels of automation.’

It goes on to say: ‘Apart from technology, PwC has invested significantly in building competencies, and the skills of its security professionals are a clear strength. Clients spoke highly of the firm's experts and practitioners' capabilities, and how the personnel and senior staff members have been a factor for their organizations' continuous engagements with PwC in Asia/Pacific. In addition, clients found PwC's pricing model more favourable compared with that of its competitors in the market. Being able to take on highly customised and at time small one-off engagements on short notice is another quality that resonated with the clients.’

IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of ICT 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. The Capabilities score measures vendor product, go-to-market and business execution in the short-term. The Strategy score measures alignment of vendor strategies with customer requirements in a 3-5-year timeframe. Vendor market share is represented by the size of the icons.

‘Too often, cloud security gets addressed in the middle or even on the right side of the cloud adoption timeline — during or after migration and modernisation, not before. Our goal is to help clients with the technologies, practices and expertise to design security and controls into their cloud strategy from the start, further positioning CISOs and cloud services providers as business value creators.’

Sangram Gayal, Partner, Cloud Security Leader, PwC India

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