TechValidate Research on Prevalent

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Prevalent Case Study

Large Enterprise Professional Services Company

Introduction

This case study of a large enterprise professional services company is based on a June 2020 survey of Prevalent customers by TechValidate, a 3rd-party research service. The profiled company asked to have their name blinded to protect their confidentiality.

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Challenges

The business challenges that led the profiled company to evaluate and ultimately select Prevalent:

  • Turnaround time from assessment submission to receiving an adequately completed assessment:
    • Prior to using Prevalent: 11-20 days per assessment
  • Reasons they were not able to complete more assessments prior to utilizing Prevalent:
    • A lack of staffing

Use Case

The key features and functionalities of Prevalent that the surveyed company uses:

  • Prior to utilizing Prevalent, they were able to complete 1-10 assessments per year.
  • Able to complete 21-50 assessments per year since they began utilizing Prevalent for managed collection and analysis services.

Results

The surveyed company achieved the following results with Prevalent:

  • Turnaround time from assessment submission to receiving an adequately completed assessment:
    • Since using Prevalent: 6-10 days per assessment
  • Now that they are utilizing Prevalent:
    • Confirmed that with the same resources, they are now able to spend time mitigating risks as opposed to validating information. They are focused on the right things
  • Prevalent capabilities in terms of how differentiated they are compared to the competition:
    • Vendor Onboarding: differentiated
    • Vendor Assessment & Evidence Collection: very differentiated
    • Vendor Evidence Review & Analysis: very differentiated
    • Vendor Remediation & Recommendations: very differentiated
    • Program & Actionable Reporting: highly differentiated
  • They are looking to grow the number of vendors they assess in the next year by 1-10%.

Company Profile

The company featured in this case study asked to have its name publicly blinded because publicly endorsing vendors is against their policies.

TechValidate stands behind the authenticity of this data.

Company Size:
Large Enterprise

Industry:
Professional Services

About Prevalent

Prevalent is helping global organizations manage and monitor the security threats and risks associated with third and fourth-party vendors.

Learn More:

Prevalent

Source: TechValidate survey of a Large Enterprise Professional Services Company
Validated
  Published: Jun. 29, 2020   TVID: 258-F08-2A0




About This Data

This data was sourced directly from verified users of Prevalent by TechValidate.

TechValidate verifies the identity and organizational affiliation of all participants that contribute to published research data. When research participants so desire, we also guarantee their anonymity so that they may share information honestly and freely.


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