Cybersecurity Software in IT and Telecom

Cybersecurity Software in IT and Telecom

The IT and telecom industry deals with the transfer and manipulation of huge amounts of data and information, and it is considered a subset of ICT. IT and telecom sectors are rapidly growing in the emerging economies of APAC and MEA. This has expanded the networks and increased network complexities. The companies often overlook the information security concerns due to an increased focus on market share and cost reduction. This has resulted in increased attacks on the critical infrastructure used by the industry and also affected the financials of IT and telecom companies. The rising IoT connectivity and increasing use of ICT technologies such as Wi-Fi, ZigBee, and RFID have led to an increase in resulting security-related risks in the IT and telecom industry vertical. This has forced these industries to focus more on their security activities. Telecom organizations typically store personal data such as name, address, and financial data of customers, and this sensitive data is an attractive target for cybercriminals. To ensure the safety of IT critical infrastructure and technological innovation, telecom organizations and IT service providers are boosting up the security budgets significantly, aligning business strategy with advanced security plans, and creating cyber awareness programs for employees and customers. In addition, various programs such as Global Information Society Project Program on Telecommunication Policy, and strict telecom and regulatory policies have been introduced to regulate telecom and IT cyber threats. With the advancement in IoT technology, network connectivity and its complexity have increased, and this will act as a driver for the growth of the cybersecurity market in the IT and telecom industry vertical.

COMPETITIVE LEADERSHIP MAPPING TERMINOLOGY

22 companies offering Cybersecurity Software in IT and Telecom were analyzed, shortlisted and categorized on a quadrant under Visionary Leaders, Innovators, Dynamic Differentiators, and Emerging Companies.

IBM, Cisco, HPE, McAfee, Trend Mirco, and Symantec have been identified as visionary leaders as they have established product portfolios and a robust market presence and business strategy.

Check Point Software, Rapid7, Optiv, Logrhythm, FireEye, Fortinet, Palo Alto Networks and Juniper Networks have been identified as innovators as these vendors have a very focused product portfolio. However, they do not have very strong growth strategies for their overall business.

F-Secure, Webroot and Proofpoint have been identified as emerging companies. They do not have very strong business strategies as compared to other established vendors. They might be new entrants and require some more time before gaining significant traction in the market. Trustwave Holdings, Kaspersky Lab, Cyberark, Qualys and Splunk have been recognized as dynamic differentiators.

Vendor evaluations are based on two broad categories: product offering and business strategy. Each category carries various criteria, based on which vendors have been evaluated. The evaluation criteria considered under product offerings include breadth of offering, delivery, features/functionality, product quality and reliability, and product differentiation. The evaluation criteria considered under business strategy include geographic footprint (on the basis of geographic presence), channel strategy and fit, vision alignment, and effectiveness of growth (on the basis of innovations, partnerships, collaborations, and acquisitions).

VISIONARY LEADERS

Visionary Leaders generally receive high scores for most evaluation criteria. They provide mature and reputable mobile cybersecurity solutions. They also have strong business strategies. IBM, Cisco, HPE, McAfee, Trend Mirco, and Symantec are the leading players in the cybersecurity software market and are recognized as leaders. These vendors are making their presence felt by offering services that are required by most organizations.

INNOVATORS

Innovators demonstrate substantial product innovation as compared to their competitors. They have a very focused portfolio of cybersecurity software solutions and the potential to build strong business strategies for their business growth to be at par with the leaders. However, they do not have very strong growth strategies for their overall business. Check Point Software, Rapid7, Optiv, Logrhythm, FireEye, Fortinet, Palo Alto Networks and Juniper Networks are recognized as innovators. Innovators have been at the forefront in deploying their services based on the clients’ custom software requirements for the niche market.

DYNAMIC DIFFERENTIATORS

Dynamic Differentiators 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.  Trustwave Holdings, Kaspersky Lab, Cyberark, Qualys and Splunk are recognized as dynamic differentiators.

EMERGING COMPANIES

F-Secure, Webroot and Proofpoint are recognized as emerging players in the cybersecurity software market. The emerging players are specialized in offering highly niche and tailor-made solutions and services to their clients. 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.

TOP VENDORS
In Cybersecurity Software

  1. IBM CORPORATION
    5 Reviews
    4.1
  2. HPE
    4 Reviews
    3.9
  3. McAfee
    5 Reviews
    3.6

Cybersecurity Software in IT and Telecom Quadrant

Comparing [object Object] vendors in Cybersecurity Software across 131 criteria.

Find the best Cybersecurity Software solution for your business, using ratings and reviews from buyers, analysts, vendors and industry experts

EVALUATION CRITERIA

Below criteria are most commonly used for comparing Cybersecurity Software tools.
Product Maturity
Company Maturity
Most IMPORTANT
0.0
0.0
0.0
Breadth and Depth of Product Offerings
3.95
3.20
3.60
Product Features and Functionality
4.55
5.00
5.00
Delivery
3.30
2.50
2.40
Support and Services
3.50
3.85
2.15
LEAST IMPORTANT LESS IMPORTANT

TOP VENDORS

  • 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.IBM Identity and access management services help in protecting an organization from breaches, enabling productivity and competitiveness, and achieving and maintaining regulatory compliance. It helps in increasing the maturity of the program with identity and access management services from IBM Security. IBM solutions help in detecting and stopping advanced threats. It automates threat detection and response across the enterprise. IBM monitors and enforces compliance to meet industry standards and security policies. IBM security services enable to activate global intelligence, innovates without introducing risk, and matures with the program over time.

    BUYERS
    VENDORS
    EXPERTS
    4.1
    ANALYSTS
     
    • Enterprise
    • New York, US
    • Founded: 1911
    • $50BN to $100BN
    • 1,00,001 to 5,00,000
  • HPE security protects digital assets with reassurance from the HPE risk management and digital protection service. 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. HPE security services provide comprehensive, redundant protection that guides servers and data from threats that exist and threats for the future. Its security risk management workshops, assessments, architecture, design and integration services accelerate digital transformation. HPE addresses vulnerabilities in applications and connection and builds security and compliance into the business.

    BUYERS
    VENDORS
    EXPERTS
    3.9
    ANALYSTS
     
    • Enterprise
    • Palo Alto, California, United States
    • Founded: 2015
    • 10,001 to 15,000
  • McAfee is well known for providing security solutions and services to a wide range of customers across diverse industry verticals. The company’s strong portfolio of solutions and services, and the ability to serve a wide customer base have helped the company build a strong customer base across multiple regions. McAfee’s innovative offerings make it one of the most trusted and deployed solution providers in the market. Its key strategy in the cybersecurity market is to develop business-specific, cybersecurity solutions and services according to the current scenario of evolving vulnerabilities. It plans to develop new business models and integrate multi-application solutions as a part of its future strategy. Furthermore, the company plans to expand its presence and strengthen its market position by adopting effective partnership strategies. For instance, in December 2018, McAfee partnered with Swimlane to accelerate the development of interoperable security products, simplify product integration within complex customer environments, and provide protection against advanced cyber threats. Furthermore, in April 2018, the company partnered with IBM to integrate IBM Resilient IRP with DXL for providing better protection through automation and intelligence sharing. In September 2016, TPG acquired 51%, a majority stake of McAfee (Intel), with Intel keeping the remaining 49% share. Both TPG and Intel spun off McAfee, and the security firm is now operating as an independent company with its headquarters in California, US.

    BUYERS
    VENDORS
    EXPERTS
    3.6
    ANALYSTS
     
    • Enterprise
    • California, US
    • Founded: 1968
    • $50BN to $100BN
    • 1,00,001 to 5,00,000
  • 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.

    BUYERS
    VENDORS
    EXPERTS
    3.5
    ANALYSTS
     
    • Enterprise
    • California, US
    • Founded: 1984
    • S10BN to $50BN
    • 50,001 to 75,000
  • 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.

    BUYERS
    VENDORS
    EXPERTS
    3.2
    ANALYSTS
     
    • SME
    • Tokyo, Japan
    • Founded: 1988
    • $101MN to $500MN
    • 1,001 to 5,000
  • Check Point is one of the renowned security software solution vendors. The company is actively focused on providing advanced security solutions for web, data, endpoints, and mobile devices. The cybersecurity solutions offered by Check Point help customers enhance the security layers of external and internal networks. The company’s prime strategy is to upgrade software, adopt innovative technologies, and enhance new products to improve its market positioning. The company provides security offerings that include security management, cloud security, endpoint security, data security, Unified Threat Management (UTM), mobile threat prevention, and network security. The company delivers IT services and security solutions, globally. Moreover, it is a provider of complete security architecture for protecting SMEs and large enterprises from ransomware, malware, and other types of sophisticated fifth generation cyber-attacks.

    BUYERS
    VENDORS
    EXPERTS
    3.1
    ANALYSTS
     
    • Enterprise
    • Tel Aviv, Israel
    • Founded: 1993
    • $1BN to $5BN
    • 1,001 to 5,000
  • 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).

    BUYERS
    VENDORS
    EXPERTS
    3.0
    ANALYSTS
     
    • Enterprise
    • California, US
    • Founded: 1982
    • $1BN to $5BN
    • 10,001 to 15,000
  • Trustwave Managed Detection services analyses the log and event information coming from devices and applications. It helps fast and efficiently make sense of data by providing the platform, processes and people to monitor, detect and alert on threats. It also develop and maintain threat indicators and use cases focused on up-to-the-minute intelligence for both regional and global threats, all delivered by elite SpiderLabs team.

    BUYERS
    VENDORS
    EXPERTS
    2.8
    ANALYSTS
     
    • SME
    • 501 to 1,000
  • Qualys is one of the global providers of information security and compliance cloud solutions. Qualys offers a wide range of solutions for infrastructure security, cloud infrastructure security, endpoint security, web application security, and compliance. The company also provides security assessment services that include security configuration assessment, security assessment questionnaire, and cloud security assessment.

    BUYERS
    VENDORS
    EXPERTS
    2.7
    ANALYSTS
     
    • SME
    • Redwood City, California, US
    • Founded: 1999
    • $101MN to $500MN
    • 501 to 1,000
  • 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.

    BUYERS
    VENDORS
    EXPERTS
    2.5
    ANALYSTS
     
    • Enterprise
    • California, US
    • Founded: 2004
    • $500MN to $1BN
    • 1,001 to 5,000
  • 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.

    BUYERS
    VENDORS
    EXPERTS
    2.5
    ANALYSTS
     
    • Enterprise
    • California, US
    • Founded: 2005
    • $1BN to $5BN
    • 1,001 to 5,000
  • Splunk is a global technology and innovation corporation. The company offers cloud services, ES, big data analytics, IT operations, business analytics, and log management. It operates in 2 major business segments, namely, licenses, and maintenance and services. It also offers various services, including technical assessment, community support, training and education, customer support, and project management. Splunk caters to more than 16,000 customers in over 110 countries and to more than 85 Fortune 100 companies across various verticals, such as aerospace and defense, energy and utilities, BFSI, healthcare, education, manufacturing, government and public utilities, communications, media and entertainment, and retail. It has a global presence in the regions of North America, Europe, APAC, MEA, and Latin America.

    BUYERS
    VENDORS
    EXPERTS
    2.4
    ANALYSTS
     
    • Enterprise
    • San Francisco, California, US
    • Founded: 2003
    • $500MN to $1BN
    • 1,001 to 5,000
  • Kaspersky Lab Threat Intelligence Services provide access to the intelligence that need to mitigate the threats, provided by world-leading team of researchers and analysts. Kaspersky Lab’s knowledge, experience and deep intelligence on every aspect of cybersecurity has made it the trusted partner of the world’s premier law enforcement and government agencies, including INTERPOL and leading CERTs.

    BUYERS
    VENDORS
    EXPERTS
    2.4
    ANALYSTS
     
    • Enterprise
    • Moscow, Russia
    • Founded: 1997
    • $500MN to $1BN
    • 1,001 to 5,000
  • Rapid7’s offers on-premise cybersecurity management solution called Nexpose, which helps in reducing the threat exposure by allowing the assessment and response to be able change in the real time environment and listing risk factors across vulnerabilities, configurations, and controls. Cyber attacks breaches the data at an alarming rate, the attack surface is constantly changing, the adversary is becoming quicker than security teams. Nexpose helps in understanding the attack surface and better security outcomes.

    BUYERS
    VENDORS
    EXPERTS
    2.4
    ANALYSTS
     
    • SME
    • Massachusetts, US
    • Founded: 2000
    • $101MN to $500MN
    • 501 to 1,000
  • CyberArk Security Services accelerate privileged access security programs by providing the knowledge to classify and list the most complex privileged access programs in organization. Once identified, CyberArk Professionals offers strategy, execution and project-management skill to achieve the best privileged access protection solutions. In short, CyberArk Security Services help clients maximize tangible value sooner.

    BUYERS
    VENDORS
    EXPERTS
    2.4
    ANALYSTS
     
    • SME
    • Petach Tikva, Israel
    • Founded: 1999
    • $101MN to $500MN
    • 501 to 1,000
  • 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.

    BUYERS
    VENDORS
    EXPERTS
    2.3
    ANALYSTS
     
    • Enterprise
    • California, US
    • Founded: 1996
    • $1BN to $5BN
    • 5,001 to 10,000
  • 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.

    BUYERS
    VENDORS
    EXPERTS
    2.3
    ANALYSTS
     
    • Enterprise
    • California, US
    • Founded: 2000
    • $1BN to $5BN
    • 45,001 to 50,000
  • Optiv integrates the deep skills of application security with the knowledge and insight of a broader security solutions. Optiv Security provides a security solution that allows organizations to mitigate risk by taking a planned method to cybersecurity. It’s aligned security programs to achieve specific business outcomes with full suite of service abilities from strategy to technology. It reduces security risks by designing an AppSec program that secures growing application environment and meets compliance requirements. It measures development practices and the efficiency of software development lifecycle (SDLC) frameworks to design a complete application security program.

    BUYERS
    VENDORS
    EXPERTS
    2.2
    ANALYSTS
     
    • SME
    • Denver, Colorado, US
    • Founded: 2015
    • 1,001 to 5,000
  • Proofpoint Targeted Attack Protection (TAP) is advanced software that comes with innovative approach that senses, examines and restrict advanced threats before it reaches inbox. This includes ransomware and other advanced email threats delivered through malicious attachments and URLs polymorphic malware, weaponized documents and phishing attacks. It also detects threats and risks in cloud apps, connecting email attacks related to credential theft or other attacks.

    BUYERS
    VENDORS
    EXPERTS
    1.8
    ANALYSTS
     
    • Enterprise
    • California, US
    • Founded: 2002
    • $500MN to $1BN
    • 1,001 to 5,000
  • Logrhythm built a platform to seamlessly scale with organization and help detects and responds to threats faster than ever before. The LogRhythm NextGen SIEM Platform eliminates blind spots across the enterprise, providing visibility into IT and OT environments. Logrhythm Next-generation solutions plots modern security teams need by improving collaboration and effectiveness through automation and defined processes. They provide a unified user experience that drives highly efficient workflows, offers real-time visibility into endpoints, and produces assessable results. Logrhythm end-to-end platform helps in detecting threats early in the threat lifecycle. One is able to see broadly and deeply across the IT environment and quickly mitigate and recover from security incidents. LogRhythm helps in achieving goals and realize a rapid return on investment.

    BUYERS
    VENDORS
    EXPERTS
    1.8
    ANALYSTS
     
    • Startup
    • Boulder, Colorado, US
    • Founded: 2003
    • $11MN to $50MN
    • 101 to 500
  • F-Secure is a provider of cybersecurity solutions for businesses and homes. It provides a wide range of offerings to its end-users, which include endpoint protection, cloud protection, advanced threat protection, network protection, email protection, and vulnerability management. Additionally, it offers managed and professional services. The company offers its solutions to more than 100,000 corporate customers around the globe. It has more than 200 telecommunications network operators and more than 4,000 reseller partners worldwide. F-Secure has over 25 offices around the globe. It has a presence across various regions, such as Europe, North America, Latin America, and APAC. F-Secure’s security experts work on a real-time 24/7 basis, hunting for threats, monitoring data, and alerting customer environments.

    BUYERS
    VENDORS
    EXPERTS
    1.8
    ANALYSTS
     
    • SME
    • Helsinki, Finland
    • Founded: 1988
    • $101MN to $500MN
    • 1,001 to 5,000
  • Imperva provides cloud Web Application Firewall (WAF) that protects applications against all attacks wherever they're located; on-premises, in public or private cloud. It’s WAF is PCI-certified, customizable, SIEM-ready and tuned for detecting and blocking threats with minimal false-positives. It is easy to setup and ensures quick time to benefit. Imperva WAF gateways set the standard for protection, innovation, and customization. It’s dynamic profiling ensures any application is protected no matter how complex or unique. It secures databases in the cloud by using common processes and reporting to protect databases from attack, reduce risk, and streamline compliance as one moves databases into AWS and Azure.

    BUYERS
    VENDORS
    EXPERTS
    1.5
    ANALYSTS
     
    • SME
    • Redwood Shores, Redwood City, California, US
    • Founded: 2002
    • $101MN to $500MN
    • 501 to 1,000

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