Cybersecurity is an approach to protect computers, networks, programs, and data from advanced threats and vulnerabilities, cyber warfare, cyber terrorism, and cyber espionage. It involves a set of security technologies and solutions, tools, policies, security concepts, guidelines, risk management approaches, and professional and managed services, to protect networks, computers, programs, and data from cyberattacks, damages, or unauthorized access. The major areas covered in cybersecurity are endpoint security, network security, application security, cloud security, wireless security, and others (database security and web security). The constantly evolving nature of security threats is one of the biggest challenges in the cybersecurity market. With proper cybersecurity solutions, an organization can prevent security breaches and help cut down business cost, thereby enhancing its information security infrastructure. The public and private organizations hold a large amount of sensitive data that is prone to cyber threats and needs to be secured. Further, the sophistication level in cyber-attacks is increasing and creating the demand for comprehensive cybersecurity solutions. The security vendors are developing advanced intelligence-based cybersecurity solutions to provide a proactive, holistic security to critical business applications.
The vendors are placed into four categories based on their performance in each criterion: “visionary leaders,” “innovators,” “emerging companies,” and “dynamic differentiators.” The top 25 vendors which have been evaluated include IBM, HPE, McAfee, Trend Micro, Symantec, Check Point Software Technologies, Cisco Systems, Palo Alto Networks, Juniper Networks, Fortinet, FireEye, Sophos, Rapid7, RSA Security, LogRhythm, Optiv Security, Webroot, CyberArk Software, Qualys, F-Secure, Trustwave Holdings, Proofpoint, Splunk, Kaspersky, and Imperva. The vendor evaluations are based on 2 broad categories: product portfolio and business strategies. Each category carries various criteria, based on which the vendors have been evaluated. The evaluation criteria considered under product portfolio include breadth of offering, feature/functionality, delivery, and support. The evaluation criteria considered under business strategies include reach (geographic presence), industry coverage, channel, viability, and inorganic growth.
Vendors who fall in this category generally receive high scores for most of the evaluation criteria. They have strong and established product portfolios and a very strong market presence. They provide mature and reputable mobile cybersecurity solutions. They also have strong business strategies. IBM, HPE, McAfee, Trend Micro, and Symantec are the vendors who fall into the visionary leader category.
Innovators in the MicroQuadrant are vendors who have demonstrated substantial product innovations as compared to their competitors. They have very focused product portfolios. However, they do not have very strong growth strategies for their overall business. Check Point Software Technologies, Sophos, Fortinet, FireEye, Palo Alto Networks, RSA Security, Rapid7, LogRhythm, and Optiv Security are the vendors who fall into the innovators category.
They are established vendors with very strong business strategies. However, they are low in the product portfolio. They generally focus on a specific type of technology related to the product. Qualys, Splunk, CyberArk Software, Trustwave Holdings, and Kaspersky are the vendors who fall into this category.
They are vendors with niche product offerings, who are starting to gain their position in the market. They do not have very strong business strategies as compared to other established vendors. They might be new entrants in the market and require some more time before gaining significant market traction. Proofpoint, Imperva, Webroot, and F-Secure are the vendors who fall into this category.
TOP VENDORS In Cybersecurity Software
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Cybersecurity Software Quadrant
|Breadth and Depth of Product Offerings|
|Product Features and Functionality|
|Support and Services|
IBM have category-wise product offerings such as endpoint protection, network protection, mainframe security, application security, data security, security intelligence and operations, advanced fraud detection, cloud and mobile security and IAM.BUYERVENDOREXPERTS4.1MNM ANALYSTS
HPE offers a different product such as security management, threat, and vulnerability defense. Security Information and Event Management (SIEM), security monitoring, data encryption, and key management, and data protection products included in the security management category.BUYERVENDOREXPERTS3.9MNM ANALYSTS
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Cisco offers products for a different category such as networking, wireless and mobility, security, collaboration, data center, analytics, video, IoT, and software. Security technology helps IT by simplifying security complexity. Small and mid-sized businesses use networking products of Cisco that secure the organization network architecture, manage connected devices, and make business decisions faster.BUYERVENDOREXPERTS3.5MNM ANALYSTS
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Trend Micro have product offerings for business and for home. Under business category, the company offers solutions for ransomware, Linux servers, compliance, cloud, healthcare, point-of-sale, and end-of-support systems. User protection product category provides information on any devices from unauthenticated access.BUYERVENDOREXPERTS3.2MNM ANALYSTS
Symantec offers category-wise products offerings, which include endpoint and hybrid cloud security, information protection, messaging security, website security, small and mid-sized Business Security Solutions (SMB).BUYERVENDOREXPERTS3.0MNM ANALYSTS
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Palo Alto Networks offers category-wise products such as Next-Generation Firewalls, Virtualized Next-Generation Firewalls, Management (Panorama), Advanced Endpoint Protection, and SaaS Security. Next-Generation Firewalls include encrypted traffic, application function, based on application, user, and content.BUYERVENDOREXPERTS2.5MNM ANALYSTS
The company offers product portfolio for cybersecurity and malware protection. FireEye Helix, FireEye as a service, and threat intelligence come under the category of security operations. FireEye Helix is a unified security platform that simplifies, integrates, and automates security operations.BUYERVENDOREXPERTS2.5MNM ANALYSTS
The company offers products for networking security, routing, switching, application management and orchestration, software defined networking, network management, network edge services, network operating system, identity and policy control, and packet optical. In February 2017, the company partnered with Affirmed Networks to develop solutions.BUYERVENDOREXPERTS2.5MNM ANALYSTS
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Sophos is a global leader in the network and endpoint security and helps the organization in data security. The company offers product offerings for network, end-user, and server categories with professional services.BUYERVENDOREXPERTS2.4MNM ANALYSTS
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Fortinet has large category of product offerings such as next-generation Firewall, sandbox, endpoint security, Wi-Fi applications, switching, SIEM, web application firewall, cloud access security, email gateway, DDoS, IAM, and network testing. The company offers high-performance network security solutions to secure organization network, users, and data from threats.BUYERVENDOREXPERTS2.3MNM ANALYSTS
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