LOS ANGELES, Oct. 26, 2020 /PRNewswire-PRWeb/ -- The traditional enterprise security platform is evolving. They now incorporate more capabilities into a single enterprise SOAR (security orchestration, automation, and response) platform. The SOAR value proposition has become more evident during the COVID-19 pandemic, because organizations require multi-functional capabilities to secure themselves against new threats. These tools help solve security challenges resulting from a distributed workforce, more BYOD devices, and cloud solutions.
This trend is examined in Avasant's new report, Enterprise Security Orchestration Platforms 2020 RadarViewtm, a comprehensive study on the security orchestration platforms marketplace. It features industry-first insights, analysis, and a close look at the leaders, disruptors, innovators, and challengers in this market.
This report helps enterprises identify the right enterprise security orchestration platform for their needs. It assesses platform providers based on their automation capabilities, number of predefined playbooks, built-in integrations, flexibility in pricing models, efforts to reduce TCO, maturity, and scale of operations. It also highlights the key market trends and Avasant's view of the enterprise security orchestration platform providers over the next 12 to 18 months.
We evaluated 20 providers of enterprise security orchestration platforms, using a rigorous methodology across three dimensions (product maturity, enterprise adaptability, and innovation roadmap). The report recognizes 14 providers that brought the most value to the market over the last 12 months. These are presented against key metrics to help buyers differentiate between market products and find the right solution to fit their needs.
The report recognizes tool vendors in four categories:
Leaders: Splunk, LogRhythm, IBM, RSA
Innovators: Palo Alto Networks, Rapid7, Microsoft
Disruptors: Exabeam, FireEye, AT&T Cybersecurity
Challengers: Fortinet, Securonix, Micro Focus, Siemplify
"During a year of radical change, companies should be prepared to address changes in how both employees and customers engage with businesses, driving further digital transformation," Avasant's Associate Director Mark Gaffney said. "While technologies such as mobility, virtualization, cloud, and collaboration tools are transforming many enterprises, they have also expanded the risk perimeter security threats. With many more devices connected to the network, the security team needs to automate the incident response processes and integrate disparate security tools into a single enterprise SOAR platform."
The report also highlights other trends, including the following:
1. Tools are maturing from SIEM (security incident and event management) to SOAR and utilizing centralized tools:
2. Focus on a cloud-first approach toward business models and product strategy:
3. Providers are deploying an ecosystem and service-centric approach:
4. Roadmaps are focused on playbooks, built-in integrations, and AI-driven engines
"Data theft and ransomware are becoming significant threat vectors," Avasant's Research Leader Gaurav Dewan said. "Because of that, a proactive security approach that includes measures such as threat hunting, threat deception, threat prevention, and threat intelligence becomes imperative. Security platform providers, understanding the evolving security landscape, have augmented their platforms to deal with the new realities."
The report features RadarViewtm profiles of the top 14 platform providers and their security orchestration solutions.
This Research Byte is a brief overview of the full Enterprise Security Orchestration Platforms 2020 RadarViewtm report (click for pricing).
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