Regulatory compliance is a necessary headache for all sizable organizations. Aside from avoiding costly government fines, reaching SOC2 or CIS compliance is a quality baseline for ensuring your security program is on track. But let’s face it, the entire compliance process can be extremely time-consuming and manual if you’re trying to complete an asset inventory, benchmark your configurations, document evidence, and compile reports without a cyber asset visibility platform.
We recently commissioned Forrester Consulting to complete a Total Economic Impact™ assessment of JupiterOne. This study consists of an analysis Forrester conducted after privately interviewing several JupiterOne customers, and getting into the nitty-gritty details of how they use our platform, and the impact it’s had on their business outcomes.
One of the factors of JupiterOne’s whopping 318% ROI is the time and tech savings JupiterOne customers can expect. The Forrester study found the three-year, risk-adjusted total present value of JupiterOne is around $463,000. Here’s how they arrived at that figure.
Avoid additional compliance solution costs
Some JupiterOne customers benefit from immediate cost savings by eliminating or avoiding the purchase of additional compliance tools. While the JupiterOne platform is not exclusively a compliance tool, its asset inventory and documentation functionality are powerful and comprehensive enough to replace other compliance tools.
“With JupiterOne, the composite organization avoids the annual cost of an additional compliance solution valued at $51,000. The composite organization conducts two certification processes per year. It fully dedicates two SecOps resources to managing certifications with each dedicating 520 hours to each certification process at an average fully burdened SecOps hourly rate of $58.”
A Proof of Value with JupiterOne can help you determine if JupiterOne can replace existing compliance solutions in your tech stack.
Reduce hours spent on compliance by up to 95%
Compliance documentation takes time, and that time can seriously impact your resource and opportunity costs. One JupiterOne customer described to Forrester the “time sucks” their team used to experience when working on a compliance audit:
“Previously, I would have to summon engineers from each team to provide information and scripts to show auditors. With JupiterOne, I can run queries by myself to show lists of security groups with certain conditions without asking the engineer.”
Eliminating the typical back and forth between teams and reducing time spent on evidence gathering has a huge impact on compliance efforts. Forrester estimated, “with JupiterOne, these SecOps recourses reduce the number of hours dedicated to each certification by 75% in Year 1, 85% in Year 2, and 95% in Year 3.”
These time savings are attributed both to the reduction in effort from IT, and the efficiencies gained for the SecOps team.
Is JupiterOne a good fit for your compliance program?
Under “Risks,” (pg17) Forrester reminds readers to consider their compliance program and the methodology used in this analysis when considering JupiterOne as a compliance solution. They put it better than we could:
“The number, frequency, and duration of certifications and the various compliance drivers to which an organization is beholden will directly impact this benefit. Organizations should consider the current and future compliance and certification drivers that make sense for their security and organizational growth goals.”
Only you can determine if this ROI estimate is a reasonable framework for your organization. However, we can help you get the most out of JupiterOne through a free or paid account. To learn more or get started with a POV, schedule a demo here.