Security software provider Ontic was recently honored by business consulting firm Frost & Sullivan as “Company of the Year” for 2023 in the global intelligence solutions industry.
“Ontic’s Platform stands as the industry’s most comprehensive digital intelligence solution, strengthening its proven competitiveness with more high-profile vendors in the market,” said Danielle VanZandt, industry manager for commercial and public safety research at Frost & Sullivan. “Ontic’s robust intelligence expertise, client-centric approach, and dialogue around risk anagement sets the company apart, propelling it to the top of this fast-growing industry. Frost & Sullivan applauds Ontic for keeping threat intelligence at the core of its future business plans and goals while moving the industry forward through its technology and innovation.”
Frost & Sullivan expects the rapidly growing digital intelligence market to continue its trajectory and reach $26.8 billion by 2030 due to ongoing threats within the physical and digital realms and rapid digitalization needs for organizational security teams.
Ontic’s honor was based in part on its triple-digit compound annual growth rate since its founding 2017, significant research and development and delivery of thought leadership through the Ontic Center for Protective Intelligence, Ontic said in a news release.