Grant Thornton Picks CrowdStrike for Global Cybersecurity Platform
Grant Thornton Advisors announced on June 16 that it will standardize its managed security services on the CrowdStrike Falcon platform through Falcon Complete, strengthening CRWD's position in cybersecurity.
Key Numbers
On June 16, CrowdStrike Holdings, Inc. (NASDAQ:CRWD) and Grant Thornton Advisors announced a strategic partnership. Grant Thornton will standardize its managed security services on the CrowdStrike Falcon platform via Falcon Complete, a fully managed service. This move comes amid rising global cyber threats and underscores CrowdStrike's leadership in endpoint security.
Partnership Details
- Platform: CrowdStrike Falcon
- Service: Falcon Complete (fully managed)
- Scope: Global unified cybersecurity platform for Grant Thornton
What Makes It Stand Out
Falcon Complete provides comprehensive protection including threat detection, response, and vulnerability management, backed by a dedicated team operating 24/7.
Pricing and Availability
Financial terms were not disclosed. Implementation is expected to begin immediately.
Competition
CrowdStrike faces competition from Palo Alto Networks, Microsoft, and SentinelOne, but this partnership strengthens its position in the managed services segment.
Potential Impact on the Company
The deal boosts CRWD's recurring revenue and expands its client base in the professional services sector, supporting its 29.19% annual EPS growth forecast.
Frequently Asked Questions
Found this useful? Share it