Accenture Ranks No. 1 in Cybersecurity Service Providers by HFS Research

Accenture (NYSE: ACN) has been recognized as the No. 1 cybersecurity service provider overall in a new report from industry analyst firm HFS Research.

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Accenture has been recognized as the top cybersecurity service provider in new report from industry analyst firm HFS Research (Graphic: Business Wire)

The report, “The HFS Top 10: Cybersecurity Service Providers, 2022,” assessed 15 service providers’ capabilities across a defined series of criteria to identify how well service providers help their enterprise clients effectively improve their cybersecurity posture. In addition to achieving the top overall ranking, Accenture ranked No. 1 in eight of the 11 evaluation criteria: scale of cybersecurity business; growth of cybersecurity business; overall execution; strategy and vision; co-innovation and collaboration; emerging trends readiness; overall innovation; and OneOffice alignment.

“Our position in this HFS report reflects our mission to help clients build cyber resilience through transformative solutions that better protect them in today’s constantly evolving cyber threat landscape,” said Paolo Dal Cin, who leads Accenture Security globally. “We focus not only on traditional cybersecurity safeguards but on new and emerging technology areas such as quantum computing, edge computing, the metaverse and more. As our clients move to the cloud and explore these new technologies, we are ready to support their journey.”

Among Accenture’s strengths the report cites are its:

• Growth: The Accenture Security practice is growing at about 3x the rate of the market and competition and has grown by more than 70% over the past three years.
• Go-to-market offerings: The report notes Accenture’s wide range of offerings centered around cyber defense, applied cybersecurity services, and managed security services, as well as an investment strategy that includes acquisitions, ecosystem partnerships, and strategic investments in innovative start-up companies, security R&D and delivery excellence.
• Talent management: The report cites Accenture’s key talent-retention strategies of investment in continuous professional development and its upskilling programs. The report notes that “Accenture pays special attention to ensuring security practitioners are cross-skilled with industry knowledge and actively promotes various initiatives focused on inclusion and diversity in cybersecurity.”
• Outcomes: According to the report, “Accenture uses its proprietary business capability maturity models to help clients articulate business value, opportunities for improved security, and quantitative outcomes necessary to make the right investment and measure return.”

According to HFS, one of Accenture’s key differentiators is its “next-generation IT and OT security operations centers.” Recently, Accenture joined the Cybersecurity and Infrastructure Security Agency (CISA) Joint Cyber Defense Collaborative (JCDC), which now includes Industrial Control Systems (ICS) experts.

“Accenture has built deep expertise and capabilities across all areas of the cybersecurity value chain,” said Ralph Aboujaoude Diaz, practice leader, Digital Trust and Cybersecurity at HFS Research. “Accenture is putting client-centricity, partners’ ecosystem, and innovation at the forefront of its cybersecurity strategy.”

In addition to being ranked as the No. 1 cybersecurity service provider by HFS Research,

Accenture was recently positioned as a Leader in the latest IDC MarketScape analysis of managed security services (MSS) providers in Europe and in two Forrester reports on cybersecurity: The Forrester Wave™: Global Cybersecurity Consulting Providers, Q4 2021 and The Forrester Wave™: European Cybersecurity Consulting Providers, Q3 2021.

About Accenture

Accenture is a global professional services company with leading capabilities in digital, cloud and security. Combining unmatched experience and specialized skills across more than 40 industries, we offer Strategy and Consulting, Technology and Operations services and Accenture Song — all powered by the world’s largest network of Advanced Technology and Intelligent Operations centers. Our 710,000 people deliver on the promise of technology and human ingenuity every day, serving clients in more than 120 countries. We embrace the power of change to create value and shared success for our clients, people, shareholders, partners and communities. Visit us at accenture.com.

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