IBM recognized as the leader in Security Information
Currently, companies are failing at early breach detection, with more than 92 percent of breaches undetected by the breached organization. However, the situation can be improved through a better understanding of the threat, adding patterns of behavior and better analysis.
This is why the demand for SIEM (Security Information and Event Management) technology remains strong, being fueled both by the need for security and compliance with regulations. Also, several SIEM vendors begin to position their technologies as platforms capable of providing a safety analysis, operations and applications.
Early this month, Gartner has published its annual Magic Quadrant report for SIEM Technology and rated 15 vendors on how their products address customers’ needs for security relevant products/services, intelligence relevant products/services and analytics relevant products/services, ranking them on their ability to execute and completeness of vision.
For those of you who may not be familiar with the Magic Quadrant, Gartner performs extensive research to determine which vendors will be positioned in the Leaders, Challengers, Visionaries and Niche Players quadrants in its reports. This criterion is assessed by conducting qualitative interviews of vendor-provided reference customers in combination with feedback from Gartner clients that are using or have completed competitive evaluations of the SIEM offering.
According to the report, IBM is the market leader in the provision of SIEM solutions. In the overall security software market, IBM has experienced six straight quarters of double digit growth fueled by a significant investment in organic development and the acquisition of companies, including Q1 Labs, Trusteer, Guardium, Ounce Labs, Watchfire and Fiberlink/MaaS360. IBM was able to secure the top position and moves within the guide field ahead of its competitors HP, Splunk and McAfee.
The report said IBM’s QRadar is the top most integrated view of the threat environment using NetFlow DPI and full packet capture in combination with log data, configuration data, and vulnerability data from monitored sources. The solution is also part of a broader integrated Threat Protection System that goes far beyond the traditional approaches of protection.
The report also highlighted that SIEM is a $1.5 billion market that grew 16 percent during 2013, with an expected growth rate of 12.4 percent during 2014. At the same time, the large vendors like HP, IBM, McAfee, EMC (RSA) and Splunk command about 60 percent of market revenue.
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