Ordr Sees Increasing Industry Demand for Connected Device Security

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Aug 30, 2023, 09:00 ET

Growing Awareness of Threats to Assets Including IoT, IoMT, OT, and Cyber-Physical Systems Drives Growth as Enterprises Look to Protect Expanding Attack Surfaces

SANTA CLARA, Calif., Aug. 30, 2023 /PRNewswire/ -- Ordr, the leader in connected device security, today shared that it has experienced a significant increase in industry demand for its connected device security platform. Ordr enables security and IT teams to discover and secure every connected asset across their whole organization - from laptops and traditional IT equipment, to especially vulnerable Internet of Things (IoT), Internet of Medical Things (IoMT), Operational Technology (OT), and Cyber-Physical Systems.

"With industries as diverse as healthcare, manufacturing, financial services, smart cities, government and higher education coming to depend on connected devices to conduct their daily operations, it is no surprise that security has become a top priority," said Jim Hyman, CEO of Ordr. "Organizations need the granular visibility that Ordr delivers, enabling teams to see what devices are connecting to their network, where they are connected, and what they're doing when connected. It's only with this real-time context that organizations can accurately identify their complete attack surface and mitigate risks via automated policies."

Ordr's AI-powered platform gives organizations a single source of truth for every connected device, revealing the entire attack surface, including vulnerabilities, exploits and anomalies. With the digital transformation-driven expansion of devices across industries, the number of connections that must be secured by an organization increases dramatically every day. In addition, in industries such as healthcare and manufacturing, connected devices have a long lifecycle, often outliving the operating system and security software installed on it and creating an instant security issue.

"Enterprises today are embracing Zero Trust as a modern cybersecurity strategy, but extending it to connected devices including IT, IoT, IoMT and OT can be increasingly challenging. We've been seeing great momentum bringing together our extensive cybersecurity experience with Ordr's technology to discover every asset in the network, identify the attack surface, and automate the creation of segmentation policies to secure them. We look forward to our continued partnership with Ordr to further strengthen our customers' security posture," said Mark Grassmann, Cybersecurity Practice Principal, Alchemy Technology Group.

It has become harder and harder for resource-constrained IT and security teams to ensure they have a full understanding of their attack surface - and for them to have the proper policies in place to mitigate those situations. The visibility and control Ordr brings is helping reduce risks, and decrease incident response by hours, particularly when context is used to enrich CMDB, SIEMs, XDRs and security operations tools.

Ordr's industry momentum includes:

Customer Growth

Ordr continues to maintain its leadership position in healthcare while expanding its footprint in critical markets like manufacturing, financial services, higher education and government. Ordr enterprise ARR growth increased by 249% from 1H 2022 to 1H 2023.

Industry Recognition

Ordr was named to the 2023 Startup 50 list, recognizing innovative technology companies that are already solving real industry problems.
Analyst firm Enterprise Management Associates (EMA) named Ordr a "Leading Security Visionary" in its annual Vendor Vision Report.
Ordr was selected as a 2023 Intellyx Digital Innovator Award winner by industry research firm Intellyx.
The company was named one of the "10 Coolest IoT Security Companies: The 2023 Internet Of Things 50" by publication CRN.
Industry publication ChannelPro named Ordr a 2023 "Vendor on the Vanguard."
The Ordr platform was awarded a "2022 IoT Excellence Award" in early January 2023 by IoT Evolution.
The company was named a "Soonicorn" by Tracxn in its "Internet of Things Infrastructure Startups 2023" list of top IoT companies to watch.

Product Innovation

Ordr recently announced version 8.2 of its platform, including new integrations with leading mobile device management, endpoint detection and response, threat intelligence, and Zero Trust providers.
Ordr was recognized as a representative vendor in the 2023 Gartner Market Guide for Cyber-Physical Systems Protection Platforms and a July 2023 report by Gartner on Reference Architecture for Integrating OT and Modern IT.
Ordr was recognized as a representative vendor in the 2023 Gartner Market Guide for Medical Device Security Solutions.
Ordr was also included as a representative vendor for Cyber Asset Attack Surface Management category in the Gartner Hype Cycle for Security Operations 2023, and the Gartner Hype Cycle for Workload and Network Security 2023,
Ordr was recognized as a top performer for an unprecedented fourth year by KLAS Research in its recent "Healthcare IoT Security 2023: An Update on Vendor Performance and Deep Adopter Utilization" report.

Industry-Leading Partnerships and Integrations

GE HealthCare and Ordr teamed up to deliver broad visibility, performance monitoring, security, and governance of all clinical assets on GE's CARESCAPE network, providing customers with enhanced self-management capabilities for their critical patient care devices.
A new integration between Ordr and ServiceNow was announced, helping customers to quickly, easily, and reliably populate their CMDBs with third-party data, enabling data quality, timeliness, and scalability.
Ordr partnered with Dubai-based Spire Solutions, the Middle East & Africa region's leading cybersecurity solution provider and value-added distributor (VAD).
The company partnered with U.K.- based Next Generation Security (NGS), a specialist cybersecurity reseller providing consultancy, support, and managed services.
Ordr teamed with Sodexo Healthcare Technology Management to create a managed HTM and cybersecurity solution combining the strengths of Ordr's connected device security platform with Sodexo's healthcare technology management (HTM) services expertise.
Ordr also named CDW and World Wide Technology (WWT) as its 2022 Partners of the Year, reinforcing the importance of both partnerships to the company and its customers.

For more information about how Ordr can help teams discover and secure every connected device across their organization, please click here.

About Ordr
Ordr makes it easy to secure every connected device, from traditional IT devices to newer and more vulnerable IoT, IoMT, and OT. Ordr Systems Control Engine uses deep packet inspection and advanced machine learning to discover every device, profile its risk and behavior, map all communications and protect it with automated policies. Organizations worldwide trust Ordr to provide real-time asset inventory, address risk and compliance and accelerate IT initiatives. Ordr is backed by top investors including Battery Ventures, Wing Venture Capital, Ten Eleven Ventures, Northgate Capital, Kaiser Permanente Ventures, and Unusual Ventures. For more information, visit www.ordr.net and follow Ordr on Twitter and LinkedIn.

SOURCE Ordr