Acronis recognised for growth and innovation on Frost & Sullivan’s Frost Radar™ for DRaaS

Acronis, a globally renowned company in cyber protection, earned a distinction of ‘Company to Action’ in Frost & Sullivan’s ‘Frost Radar™: Disaster Recovery as a Service, 2022’ report.

In a field of 12 other competitors, Acronis is placed prominently within the upper quadrant of growth and innovation. This placement praises Acronis, as a company ‘to be considered first for investment, partnerships, or benchmarking.’

Frost Radar

The Frost Radar is a benchmarking system and ratings report released yearly by Frost & Sullivan

The Frost Radar is a benchmarking system and ratings report released yearly by Frost & Sullivan, a growth consulting firm. The DRaaS Radar, which was issued in November 2022, recognises organisations that are best poised to take advantage of growth opportunities in their respective industries.

Earning a plot on the radar means that the vendor demonstrates excellence in the following categories: growth potential, best practices, competitive intensity, customer value, and partner potential.

The Growth Index

Along the Innovation X-axis, companies are graded on their understanding of disruptive trends and their ability to develop solutions to challenge those trends. The Growth Index, along the Y-axis measures revenue, market share, vision, sales, and marketing.

The chart represents a company’s track record of growth and showcases its healthy pipeline and sound vision to continue expanding its innovation.

Acronis Cyber Protect Cloud

In this evaluation, the Frost Radar compared the merits of disaster recovery as a service (DRaaS) providers. The Frost Radar highlighted Acronis Cyber Protect Cloud as a triumph in innovation, especially its advanced protection packs that enable customers to customise and expand their services.

Adding powerful components based on a customer or service provider’s specific needs allows users to strengthen their services and control costs.

‘Frost Radar™: Disaster Recovery as a Service, 2022’ report

The report also applauded Acronis for its skyrocketing recent growth: 260% year-over-year from 2021

The report also applauded Acronis for its skyrocketing recent growth: 260% year-over-year from 2021. Acronis’ heavy focus on investing in the partner ecosystem with attractive incentive programmes that increase sales in the channel, along with the company’s successful acquisition history were other positive ticks in the growth category.

“We’re honoured to receive the ‘Company to Action’ recognition in Front & Sullivan’s Frost Radar DRaaS report, but in the spirit of the benchmark, we’re not going to rest on our laurels,” said Candid Wüest, Vice President (VP) of Research at Acronis.

Acronis Cyber-threats Report: Year-end 2022

Candid Wüest added, “We’ll continue to innovate our products and partner programmes to trail-blaze in the cyber protection and DRaaS industries.”

The latest Acronis Cyber-threats Report: Year-end 2022 found that ransomware gangs were adding 200–300 new victims each month, during the second half of 2022, as ransomware continues to be the number-one threat to big and medium-sized businesses.

Rise in ransomware attacks

With ransomware incidents increasing 25% over the last five years and 40% of ransomware attacks leading to a criminal payday, fast-acting and effective DRaaS is crucial to any compliant and secure corporate cyber protocol.

“The phrase ‘instrumental in advancing the industry into the future’ is what stuck out to me and excites me the most about the report,” said Candid Wüest, adding, “As long as cybercrime exists, there will still be work to be done. We hope to continue to push ourselves and our contemporaries to advance the DRaaS industry.”