Snyk named a Leader, placed highest in Strategy category in The Forrester Wave: Software Composition Analysis (SCA), Q2 2023 report

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June 13, 2023

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We’re thrilled to announce that Snyk was named a Leader in The Forrester Wave™: Software Composition Analysis (SCA), Q2 2023 report! We believe this recognition — and the fact that we are ranked highest in the Strategy category out of all evaluated vendors — highlights the work we’ve done at Snyk to disrupt the industry with developer-centric application security solutions to help companies secure their software supply chain.   

According to the Forrester report, “Snyk speaks the language of the developer. Reference customers noted how easy the product is to embed into development workflows compared with other tools: ‘Snyk provided the best developer-focused solution that enabled deep integration into our continuous integration tooling.’”

The Forrester Wave™ evaluation was based on three high-level categories — current offering, strategy, and market presence. As the report states, “Developers, who are tasked with coding the business-critical software, face immense pressure to release value to customers faster than ever before… a staggering 78% of codebases are open source, which leaves a majority of an application’s code at risk due to third-party sources.”

This reality has put increasing responsibility on developers to proactively address security issues as early as possible in the SDLC — which, when combined with the fast-moving nature of modern development, can often lead to increased pressure and overwhelm. As a developer-first application security platform, we at Snyk aim to change that. According to the Forrester report, “Snyk’s developer focus allows organizations to move fast without breaking things.”

“Snyk’s developer-first approach to security helped it win developer mindshare — typically an obstacle for security vendors — and set a unique vision that others in this evaluation look to replicate.”

The Forrester Wave™: Software Composition Analysis (SCA), Q2 2023 report

We’re honored to receive the highest score possible in 5 out of 6 strategy criteria, and in 2 out of 3 market presence criteria, which are listed below:

  • Vision

  • Planned Enhancements

  • Innovation

  • Supporting Services & Offerings

  • Pricing Flexibility & Transparency

  • Revenue

  • Number of Customers

We designed the Snyk Developer Security Platform to meet developers where they work, by making security a natural part of their daily work, prioritizing findings, and automating fixes. As the first application to deliver on the ability to go from the cloud back to code, staying on the cutting edge remains a priority for us. Whether we’re discovering issues in live cloud environments, securing third-party and proprietary code, or ensuring that you meet compliance requirements at every stage of development, Snyk seeks to empower users by putting control over application security squarely in your hands. 

To us, this recognition highlights the momentum that Snyk has seen over the last few months. We have also been named in 2023 Gartner® Magic Quadrant™ for Application Security Testing, where Snyk was named a Leader, as well as our peer-recognition as a Customers’ Choice in the 2022 Gartner Peer Insights™ “Voice of the Customer”: Application Security Testing. Our recent June 2023 SnykLaunch event showcased several exciting updates and innovations, including our acquisition of Enso Security, pioneers of the industry’s first Application Security Posture Management (ASPM) solution. 

Alongside Enso Security, Snyk released the first-ever ASPM product – a unique prioritization capability with code-to-cloud app intelligence, Insights – and DeepCode AI, identifying issues and creating validated fixes for both human-written and AI-generated code. Snyk also recently announced new supply chain features, providing both export and evaluation of software bills of materials (SBOMs) and SnykLearn resources

We’d like to take a moment to thank everyone in this community — our partners, customers, and internal Snykers — for the work they’ve done to help Snyk continue to be a revolutionary force in the AppSec industry. For a full breakdown of Forrester’s rankings and how they structured their research, download a complimentary copy of The Forrester Wave™: Software Composition Analysis (SCA), Q2 2023 report here

Gartner, Magic Quadrant for Application Security Testing, 17 May 2023, Mark Horvath, et. Al.

Gartner Peer Insights ‘Voice of the Customer’: Application Security Testing, 30 September 2022

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Snyk is a developer security platform. Integrating directly into development tools, workflows, and automation pipelines, Snyk makes it easy for teams to find, prioritize, and fix security vulnerabilities in code, dependencies, containers, and infrastructure as code. Supported by industry-leading application and security intelligence, Snyk puts security expertise in any developer’s toolkit.

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