Verve Industrial Protection

Verve Industrial Protection

Cybersecurity for Operational Technology systems

About Verve Industrial Protection

Simplify's Rating
Why Verve Industrial Protection is rated
B+
Rated A on Competitive Edge
Rated B on Growth Potential
Rated B on Rating Differentiation

Industries

Industrial & Manufacturing

Cybersecurity

Company Size

51-200

Company Stage

Acquired

Total Funding

N/A

Headquarters

Chiaromonte, Italy

Founded

1994

Overview

Verve Industrial Protection specializes in cybersecurity for Operational Technology (OT) and Industrial Control Systems (ICS), which are essential for industries such as manufacturing, energy, and utilities. Their services include vulnerability assessments, security implementation, system hardening, automation engineering, managed services, and strategic advisory, all aimed at helping clients enhance their security measures and protect critical infrastructure. Verve differentiates itself by integrating its security solutions with existing IT frameworks, allowing for consistent protection across both IT and OT environments. With over 25 years of experience and a vendor-agnostic approach, Verve has successfully completed over 1500 deployments worldwide, earning a high customer retention rate of 98%. The company's goal is to provide comprehensive and reliable cybersecurity solutions that ensure the ongoing safety of their clients' OT assets.

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Simplify's Take

What believers are saying

  • Acquisition by Rockwell Automation could expand Verve's resources and market reach.
  • Growing demand for OT cybersecurity boosts Verve's business opportunities.
  • High client retention rate of 98% demonstrates Verve's value and reliability.

What critics are saying

  • Integration challenges with Rockwell Automation may disrupt Verve's operations.
  • Increased competition in OT and ICS cybersecurity could pressure Verve to innovate.
  • Dependence on Fortune 500 clients makes Verve vulnerable to economic downturns.

What makes Verve Industrial Protection unique

  • Verve offers a vendor-agnostic OT security management platform, unique in the industry.
  • 25 years of industrial controls engineering experience sets Verve apart from competitors.
  • Verve integrates IT and OT security, providing consistent measures across environments.

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Company News

ISS Source
Oct 24th, 2023
Rockwell Deals for Security Provider, Verve - ISSSource

Rockwell Deals for Security Provider, Verve

Seeking Alpha
Oct 23rd, 2023
Rockwell Automation buys cybersecurity firm Verve Industrial Protection

Rockwell Automation ( NYSE: ROK ) will buy the industrial cybersecurity solutions company, Verve Industrial Protection, for an undisclosed sum, the company said on Monday.

Verve Industrial
Jun 9th, 2023
Verve Security Center in Energy Transmission & Distribution

Over fifteen years ago, Verve deployed its first version of the Verve Security Center to enable the “best of IT security into OT.”

Verve Industrial
Sep 28th, 2021
Verveindustrial launches three-phased approach to OT/ICS cyber security assessments

Let Verveindustrial introduce a three-phased approach to OT/ICS cyber security assessments that addresses the unique challenges of these environments.

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