IriusRisk Strengths, Domain Expertise, and Key Differentiators
IriusRisk’s cloud-based platform is a standout. It offers automated threat modeling that integrates with tools like Jira and supports compliance with standards like GDPR and NIST. Its AI assistants, Bex and Jeff, enhance efficiency by generating threat models from diverse inputs, aligning with Gen AI trends.
IriusRisk Recent Developments
In 2024, IriusRisk launched an AI-powered tool that generates threat models from images, showcasing its embrace of Gen AI to streamline security processes. The company also partnered with industry expert Adam Shostack to offer threat modeling coaching, reinforcing its leadership in secure design.
IriusRisk Customers in ARTW Customer Database
Leveraging a rigorous data-centric research methodology, APPS RUN THE WORLD asks the simple question: Who’s buying IriusRisk applications and why? And we provide the answers – supported by decades of research – to our clients around the world. Our Customer database has over 100 data fields that detail company usage of IriusRisk and other enterprise apps by function, customer size, industry, location, implementation status, partner involvement, Line of Business Key Stakeholders and IT decision makers contact details. List of Verified IriusRisk Platform customers.
IriusRisk Overview
Parque Tecnologico Walqa, Cuarte
Huesca, x, 22197, Spain
34 974 032 183
https://www.iriusrisk.com/
Ownership: - x
Number of Employees: 200
Functional Markets: IaaS, PaaS,
Key Verticals: Banking and Financial Services, Education, Government, Healthcare, Life Sciences, Professional Services, Transportation,
IriusRisk Key Enterprise and Cloud Applications
IriusRisk Platform
IriusRisk Revenues, $M:
| Type/Year | 2023 | 2024 | YoY Growth, % |
|---|---|---|---|
| Total Revenues, $M | Subscribe | Subscribe | Subscribe |
| Enterprise Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
| Cloud Applications Revenues, $M | Subscribe | Subscribe | Subscribe |
* Enterprise Applications Revenues = License + Support & Maintenance + SaaS
** All revenue figures are estimates based on public records, Cloud and Non-Cloud business models in Apps Run The World's vendor database, and annual survey results including vendor feedback.
IriusRisk Revenue Breakdown By Type, $M:
IriusRisk Enterprise Applications Revenues By Functional Markets, $M:
IriusRisk Enterprise Applications Revenues By Verticals, $M:
IriusRisk Revenues By Region, $M
| Region | % of Total Revenues | 2024 Total Revenues, $M | 2024 Enterprise Applications Revenues, $M | 2024 Cloud Applications Revenues, $M |
|---|---|---|---|---|
| Americas | Subscribe | Subscribe | Subscribe | Subscribe |
| EMEA | Subscribe | Subscribe | Subscribe | Subscribe |
| APAC | Subscribe | Subscribe | Subscribe | Subscribe |
| Total | Subscribe | Subscribe | Subscribe | Subscribe |
IriusRisk Direct vs Indirect sales
| Type | Direct Sales | Indirect Sales | Total |
|---|---|---|---|
| Type % | Subscribe | Subscribe | Subscribe |
| Revenues, $M | Subscribe | Subscribe | Subscribe |
IriusRisk Customers - Breakdown by Geo, Size, Vertical and Product
List of Verified IriusRisk Customers
No. of IriusRisk Customers: 100
No. of IriusRisk Enterprise Applications Customers: x
No. of IriusRisk Cloud Customers: x
No. of IriusRisk Cloud Subscribers: x
The company grew its customer base by over 80% in 2022, serving major clients like four of the top 10 global banks and companies like Pearson and ClearBank. It has expanded into North America, Asia/Pacific, and the DACH region, capitalizing on global cybersecurity demand.
IriusRisk Market Opportunities, M&A and Geo Expansions
IriusRisk is poised to capitalize on the threat modeling market’s projected growth to $58.13 billion by 2034, driven by increasing adoption of Cloud and IoT technologies. Its AI-driven features, like Bex and Jeff, position it to secure emerging AI/ML applications, particularly in high-growth verticals like healthcare and BFSI. Geographic expansion into Asia Pacific, especially China, offers significant potential due to rising cybersecurity demand.
IriusRisk Risks and Challenges
IriusRisk faces challenges from stringent data privacy regulations like GDPR, which may limit data access and impact platform effectiveness. Intense competition from established players like Cisco and IBM, combined with the need for customer education on threat modeling, poses go-to-market hurdles. Internally, scaling the platform for large enterprise environments and retaining talent are critical concerns.
IriusRisk Ecosystem, Partners, Resellers and SI
IriusRisk’s ecosystem includes integrations with Jira, Azure DevOps, and others, alongside partnerships with Toreon and Adam Shostack for training and coaching. Its involvement in the Lorca cybersecurity hub further strengthens its network.
Research Methodology
Data used in research reports are derived from publicly available documents, continuous surveys of applications vendors, customers, resellers, Independent Software Vendors, systems integrators and other verifiable sources.
Vendor shares and market forecast results are based on a combination of existing databases as well as demand side and supply side research conducted throughout the year with validation from vendors, customers, channel partners and documentations such as earnings releases and 10Q and 10K filings, vertical industry studies, regional and country-level statistics from public and private institutions(i.e. colleges, universities, government agencies and trade associations).
For additional information on our methodologies, here's the link:
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