- Fastly's (FSLY, Financial) Application Security Solutions delivered a 235% ROI over three years, amounting to $6.04 million in total benefits.
- Key financial gains include a $3.7 million profit increase and a 4% to 8% boost in sales conversion rates.
- Security improvements resulted in a 30% reduction in incidents and 25% fewer false positives compared to traditional WAF products.
Fastly, Inc. (FSLY), a leading edge cloud platform provider, announced impressive financial returns from its Application Security Solutions, according to a Forrester Total Economic Impactâ„¢ study. The research highlighted a remarkable 235% return on investment (ROI) over three years for a composite organization, resulting in total benefits of $6.04 million.
The study outlined substantial profit improvements, with a $3.7 million increase and a 4% to 8% rise in sales conversion rates. Fastly's security solutions not only bolstered financial outcomes but also demonstrated a significant enhancement in software development efficiency, achieving a threefold increase and yielding $700,000 in gains over the same period.
In terms of security, organizations adopting Fastly's Web Application and API Protection (WAAP) solutions reported a 30% decrease in security incidents and reached full blocking mode within two to three weeks. Notably, these organizations experienced a 25% reduction in false positives compared to traditional Web Application Firewall (WAF) products.
Fastly's WAAP solutions, which include Next-Gen WAF, Bot Management, API Security, and DDoS Protection, have empowered companies to enhance site performance and user engagement while maintaining strong security measures. The study reinforces Fastly's position as a valuable partner for organizations seeking to improve online experiences and safeguard against cyber threats.
