CrowdStrike Falcon Platform Delivers $6 Return for Every $1 Invested
The CrowdStrike Falcon® XDR platform is a game-changer for cybersecurity teams, offering on average: a staggering 6:1 return on investment (ROI), the ability to detect 96% more threats in half the time and the speed to conduct investigations 66% faster — ultimately saving both time and money.
A new IDC white paper, “The Business Value of The CrowdStrike Falcon XDR Platform,” sponsored by CrowdStrike, highlights the substantial operational benefits, cost savings and ROI that organizations achieve when consolidating their cybersecurity point products with the AI-native CrowdStrike Falcon XDR platform.
Organizations switching to the CrowdStrike platform realized significant advantages:
- Stopping breaches: The Falcon platform identifies 96% more potential threats in half the time.
- Saving time: Security teams become twice as effective with 66% faster investigations.
- Saving money: Organizations achieved a $6 return for every $1 invested, with a rapid five-month payback period.
The evolving complexity of cybersecurity tools and the rise of sophisticated adversaries have compelled organizations to invest in numerous security products. Unfortunately, these point products create blind spots where adversaries thrive, hindering threat detection and response efforts. This inefficiency squanders valuable time and resources that could be better used elsewhere.
Security leaders know they need a simpler approach for a stronger defense. They are moving away from underperforming legacy tools and consolidating point products to drive security and efficiency. IDC assessed the impact organizations experienced by consolidating with the CrowdStrike Falcon XDR platform.
Customers Weigh In: A Unified Platform for Stronger Security
The CrowdStrike AI-native XDR platform is cybersecurity’s AI consolidator. Its revolutionary lightweight agent collects and integrates data from across the enterprise, including endpoints, cloud workloads, identities and third-party sources. We use this data to train our AI to detect and prevent threats and run the automated workflows that give security teams the speed they need to stop adversaries. By consolidating and replacing legacy point products, the Falcon platform delivers a unified, modern approach that reduces complexity, saves time and most importantly, stops breaches.
“CrowdStrike puts us in a proactive mode of operations, so we can detect and act,” one interviewed customer said. “The name of the game is quick detection and remediation. Every second counts. CrowdStrike has put us in a situation where we can run leaner and we have fewer situations with an outage or where we are chasing the ghost.”
Unlike point solutions that require navigating multiple dashboards and disjointed workflows to discover and track potential incidents, CrowdStrike customers report using a single platform where data and insights flow seamlessly across their organizations, creating a unified view of their security posture. This minimizes the effort required to correlate threats across their IT and business environments, accelerating threat detection and response.
“The platform-centric approach with CrowdStrike is useful because the different modules speak to each other, ensuring tight integration on the back-end,” another customer highlighted. “This compares with having several different tools from several best-of-breed players, which requires you to make changes from an integration standpoint, and that still doesn’t give you a consolidated risk view.”
Time is money, and CrowdStrike helps organizations save both. Interviewed organizations reported 66% more efficient threat investigation teams, with 52% more efficient security operations centers. Organizations using the Falcon platform are empowered to reallocate the time and money saved to other critical projects.
One customer shared, “We’ve saved around 40% of our security operations center’s time with CrowdStrike, and it’s been put toward deploying new tools and technology, and existing infrastructure improvements.”
Cutting Costs with CrowdStrike
The IDC white paper demonstrates that organizations consolidating with CrowdStrike experience significant improvements in security outcomes, risk reduction, operational efficiency and cost savings.
“The ROI of CrowdStrike changes between use cases and verticals, but we get more out of CrowdStrike than what we would have from competitors, because it’s such a complete solution and has such a compelling value for its price,” one customer said.
CrowdStrike helps organizations avoid security incidents that could have detrimental financial and operational consequences, with interviewed companies attributing a 61% reduction in the risk of a major security incident to the Falcon XDR platform.
Work Smarter, Not Harder
The modern threat landscape demands a streamlined and centralized approach to cybersecurity, and CrowdStrike Falcon XDR provides just that. We believe IDC’s research validates the immense benefits of consolidation, which thousands of CrowdStrike customers experience daily, from top-tier security to unparalleled efficiency and substantial cost savings.
In the face of modern adversaries, every second counts. Our Falcon XDR platform, as the only AI-native solution developed to combat evolving threats, is the choice for organizations looking to fortify their defenses.
Download the full white paper: The Business Value of the CrowdStrike Falcon XDR Platform, sponsored by CrowdStrike, doc #US51329723, November 2023.
- Read this blog to learn more: Why Customers Are Consolidating Cybersecurity with CrowdStrike.
- Learn the power of cybersecurity consolidation and discover the ways to align your cybersecurity investments to your business goals: Five Business Drivers for Cybersecurity Consolidation.
- Explore the benefits of security consolidation and how you can successfully plan your consolidation journey: The Power of One: Combating Cybersecurity Fragmentation with a Consolidated Security Platform.
- Experience the benefits of Falcon for yourself. Start your free trial of Falcon Prevent today.