Managed SIEM Services Companies (2022-2023) Along With Major Strategic Developments
Competitive Analysis
Managed SIEM service companies have adopted product launches, mergers & acquisitions, and geographical expansions to augment their revenue and customer base. The market is fragmented, with a large number of players offering managed SIEM services. However, the major market players are Splunk Inc., IBM Corporation, AT&T Inc., Securonix, and Trustwave Holdings Inc. These companies have significant influence in the SIEM services industry as they consistently work to offer advanced cybersecurity services, as required by firms.
Top 5 Companies Offering Managed SIEM Services:
- Splunk Inc.
- IBM Corporation
- AT&T Inc.
- Securonix
- Trustwave Holdings Inc.
Managed SIEM Services Providers:
- Splunk Inc.
- IBM Corporation
- AT&T Inc.
- Securonix
- Trustwave Holdings, Inc.
- UNISYS Corporation
- Optiv Security Inc.
- NTT Corporation
- NCC GROUP
- TATA Consultancy Services Limited
- BT Group
- Capgemini SE
- Verizon Communications Inc.
- Clearnetwork Inc.
- Redscan Cyber Security Limited
- Rapid7
- Sumo Logic Inc.
- 3Columns
- Aurora Limited
- Cybriant
- dacoso GmbH
Managed SIEM Services Companies News
- In November 2023, IBM Corporation redesigned its flagship IBM QRadar SIEM product, which is built specifically for hybrid cloud scale, high speed, and flexibility.
- In October 2023, IBM Corporation announced the evolution of its managed detection and response (MDR) service offerings with AI. The updated solution enables automatic escalation of alerts, which helps augment security response timelines for clients.
- In October 2023, Trustwave Holdings Inc. launched Trustwave Managed SIEM for Microsoft Sentinel. It is designed to empower organizations using Microsoft Sentinel with improved security capabilities, augment the ROI, and decrease response times.
- In November 2022, Critical Start launched a new managed SIEM service for its new and existing customer base. The service is an add-on to the company’s existing SIEM solution, which supports Splunk Cloud and Microsoft Sentinel. It helps clients maximize their SIEM investments for risk management, compliance, threat detection, and improved security.
- In October 2022, Exabeam launched Exabeam Security Operations Platform, which provides wide-ranging cloud-native product offerings for threat detection, investigation, and response. It incorporates cloud-scale security log management, behavioral analytics, and automated investigation for better operations.
- In September 2021, Wipro Limited announced a partnership with Securonix to boost its managed security offerings. The former company’s global reach and cybersecurity intelligence is expected to enhance with Securonix’s cloud SIEM tools, which provide firms with better governance and security.
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