TelecomTV TelecomTV
  • News
  • Videos
  • Channels
  • Events
  • Directory
  • Smart Studio
  • Surveys
  • Debates
  • Perspectives
  • DSP Leaders World Forum
  • DSP Leaders
  • Great Telco Debate
    • |
    • Follow
    • |
    • Subscribe
  • |
  • More
  • Webcasts
  • Surveys
  • Debates
  • Perspectives
  • Great Telco Debate
  • |
  • Follow TelecomTV
  • |
    • Subscribe
    • |
  • About
  • Privacy
  • Help
  • Contact
  • Follow TelecomTV
  • About
  • Privacy
  • Help
  • Contact
  • Sign In Register Subscribe
    • Subscribe
    • Sign In
    • Register
  • Search

Tracker

TelecomTV TRACKER

Sourced by TelecomTV's TRACKER platform
from Gartner Newsroom

Tracker

Gartner says four vectors are transforming the security software market

Via Gartner Newsroom

May 30, 2017

Analysts to discuss latest security market trends at Gartner's 2017 security and risk management summits

STAMFORD, Conn., May 30, 2017: The security software market is undergoing a dramatic transformation due to four key developments, according to Gartner, Inc. The use of advanced analytics, expanded ecosystems, adoption of software as a service (SaaS) and managed services, and the prospect of punitive regulations are causing enterprises to rethink their security and risk management software requirements and investments.

"The overall security market is undergoing a period of disruption due to the rapid transition to cloud-based digital business and technology models that are changing how risk and security functions deliver value in an organization," said Deborah Kish, principal research analyst at Gartner. "At the same time, the threat landscape and rise in the number of high-impact security incidents are also creating demand for security technologies and innovations that deliver greater effectiveness."

Four vectors are transforming the security software market:

  • By 2020, advanced security analytics will be embedded in at least 75 percent of security products: Enterprises are increasingly seeking products that incorporate "smarter" predictive and prescriptive analytic technologies, which help warn users of potential security incidents and provide guidance on optimal responses. These more-advanced analytical capabilities are driven by a variety of underlying technologies, such as heuristics, artificial intelligence/machine learning and other techniques. Successful vendors will work with customers and prospects to understand use cases where analytics will deliver significant value and augment limited security staff and resources.

  • Acquiring and integrating products and technologies will be a critical strategy to increase market share and enter new markets: Given the preponderance of startups and smaller vendors pursuing innovative approaches to security problems, acquisition, integration and consolidation are highly effective strategies to increase market share and enter completely new markets. In many cases, mature vendors in search of continued growth are acquiring faster-growing companies from emerging adjacent markets. In other cases, vendors are optimizing profits by consolidating similar products under a single brand, therefore leveraging economies of scale by combining core functions, such as development, support, sales and marketing.

  • End users' quest for flexibility will increase adoption of SaaS: Security buyers are making security product investment decisions that support digital business, fit their current challenges and deliver performance value. Gartner's recent end-user security spending survey indicates that, in order to do this, they have a preference for products in an as-a-service format. SaaS for security and risk management is becoming critical as customers transition to digital business practices. However, providers must consider the financial implications of maintaining support for legacy security products while investing in an as-a-service product or managed service.

  • The regulatory environment will create opportunities for security software providers: The EU General Data Protection Regulation (GDPR) will come into effect on May 25, 2018 and could see organizations facing heavy fines should they receive a single complaint for mishandling private data. Punitive regulations will create board-level fears, driving security software budget decisions based on the potential financial impact of fines and noncompliance. Consequently, enterprises will look to providers with products that provide the needed visibility and control of their data. Providers should identify the key regulatory requirements and constraints in target geographies by working with legal counsel to deliver product and service choices that will alleviate board-level fears.

Gartner Security and Risk Management Summit 2017

Gartner analysts will provide additional analysis on IT security trends at the Gartner Security & Risk Management Summits 2017 taking place inNational Harbor, Maryland ,Tokyo ,Mumbai, India ,Sao Paulo ,Sydney ,London and Dubai . Follow news and updates from the events on Twitter at#GartnerSEC .

Related Topics
  • AI, Analytics & Automation ,
  • Cloud,
  • Data & Analytics,
  • Digital Platforms & Services,
  • Enterprise,
  • Gartner,
  • News,
  • North America,
  • Policy & Regulation,
  • Research and Trials,
  • Security,
  • Tracker,
  • Transformation

More Like This

Digital Platforms & Services

Comviva introduces next-gen Digital Services Delivery Platform to drive innovation and business growth

Jan 18, 2021

Digital Platforms & Services

Orange International Carriers lands content delivery solution deal in West Africa

Jan 18, 2021

5G

Three UK partners with TCS to accelerate 5G network rollout

Jan 18, 2021

Access Evolution

Federal Communications Commission approves Frontier’s Chapter 11 restructuring

Jan 17, 2021

Access Evolution

Small Cell Forum launches neutral host group

Jan 17, 2021

This content extract was originally sourced from an external website (Gartner Newsroom) and is the copyright of the external website owner. TelecomTV is not responsible for the content of external websites. Legal Notices

Email Newsletters

Stay up to date with the latest industry developments: sign up to receive TelecomTV's top news and videos plus exclusive subscriber-only content direct to your inbox – including our daily news briefing and weekly wrap.

Subscribe

Top Picks

Highlights of our content from across TelecomTV today

1:4:29

Great Telco Debate: Live Debate – Day 2 (On-demand)

1:18:20

Great Telco Debate: Live Debate – Day 3 (On-demand)

43:08

Developing an ecosystem for vRAN

1:5:11

Great Telco Debate: Live Debate – Day 1 (On-demand)

  • TelecomTV
  • Decisive Media

TelecomTV is produced by the team at Decisive Media

Menu
  • News
  • Videos
  • Channels
  • Directory
  • Smart Studio
 
  • Surveys
  • Debates
  • Perspectives
  • Events
  • About Us
Our Brands
  • TelecomTV Tracker
  • TelecomTV Perspectives
  • DSP Leaders
  • DSP Leaders World Forum
  • The Great Telco Debate
Get In Touch
[email protected]
+44 (0) 207 448 1070

Request a Media Pack

Follow
  • © Decisive Media Limited 2021. All rights reserved. All brands and products are the trademarks of their respective holder(s).
  • Privacy
  • Terms
  • Legal Notices