Since 2018, LogPoint, the next generation SIEM, UEBA, and big data analytics company, continues to expand into the global market outside of its European base. In May 2018, LogPoint chose Boston as the hub for its North American operations, and over the course of the year saw 70% ARR sales growth and the addition of 200 new customers to its services.
LogPoint’s SIEM solution offers increased visibility with real-time data analysis of its customers’ networks using UEBA and Advanced Machine Learning. One of the distinguishing characteristics of LogPoint is the development of its common taxonomy for identifying threats, plus a predictable pricing strategy based on the number of devices sending logs and not on the volume of data or events per second on an organization’s network. As such, LogPoint seeks to be an innovative competitor in an ever-increasing SIEM market by continuing to expand its customer base in European, American, and Asian Markets in 2019 and beyond.
LogPoint, like many other vendors, sees new opportunities for growth in the SIEM market, and this comes at a time when global spending on security products and services has increased exponentially over the past couple of years.As it is based out of Europe, LogPoint already provides GDPR compliance monitoring, and this could be an advantage for companies that are seeking to do more business with the EU. While it offers similar solutions to other vendors on the market, its expansion into its Boston office demonstrates a significant investment in the American market and thus provides organizations with the opportunity to have support in both North America and Europe.
Information security leaders fully understand the importance of having a security incident and event management (SIEM) solution, but teams need to overcome three main challenges before considering purchasing a SIEM solution.
Chronicle, Alphabet’s enterprise security company, expands its North American partner base with Herjavec Group, its first Canadian partner. Herjavec Group is the first service provider in Canada to be certified in, and provide access to, Chronicle’s security intelligence products.
IBM is changing the terms of its ubiquitous Passport Advantage agreement to remove entitled discounts on over 5,000 on-premises software products, resulting in an immediate price increase for IBM Software & Support (S&S) across its vast customer landscape.
Thinking about choosing a new software vendor but don't know where to start? Narrow down your shortlist by focusing on software that has received an Info-Tech Research Group award. New data from SoftwareReviews shows that organizations reported higher satisfaction when they switched to software that had received an Info-Tech award.
For organizations that experience time-sensitive incidents that must be resolved in the most optimal and efficient manner, Bomgar (Beyond Trust) and BMC Software may have the solution. The two vendors have teamed up to address a reduction in the time it takes to resolve problematic tickets and assist in lessening the impact of cyber threats to which all organizations are subjected.
Microsoft’s cloud Security Incident Event Management (SIEM) solution leverages modern day enhancements such as Security Orchestration Automated Response (SOAR), Machine Learning (ML), and Artificial Intelligence (AI).
In today’s world many security teams require a simplified holistic method to consolidate disparate log data, threat anomalies, and responses. Due to these pressured requirements, organizations across the world are adopting or considering cloud-native Security Information and Event Management (SIEM) solutions.
KBV Research released its Global Security Information and Event Management (SIEM) Market Forecast report last month. In light of the recent COVID-19 pandemic, the SIEM market report highlights continued growth for the security solution and offers insights into how SIEM will continue to be essential for enterprises going forward.
As the Security Information and Event Management (SIEM) market continues to grow, organizations now have more options than ever to decide which SIEM is right for them. While SIEM vendors continue to innovate, the final decision often comes down to price. In the second of this five-part series on SIEM pricing, we will dive into pricing by data volume.