Top Trending 2022
As attack detection, investigation, response, and compliance capabilities in SIEM solutions become more desirable, security and risk management leaders must balance this demand with an understanding of the resources required to maintain such solutions. They can choose an appropriate provider with the aid of this report.
Definition/Description of the Market
The market for security information and event management (SIEM) systems is viewed by market with an emphasis on transformational technologies and methods to fulfil end users' future needs. The current state of the market is not its primary emphasis.
This market, serves clients who require the ability to: Collect security event logs and telemetry in real time for threat detection and compliance use cases.
> In order to find assaults and other interesting activity, analyse telemetry in real time and over time.
> Investigate incidents to ascertain their potential gravity and business implications.
> Inform us about these activities.
> Save pertinent logs and events.
Event data generated by security tools, network infrastructure, systems, and applications is compiled by SIEM technology. Although network telemetry data and log data are the two main data sources, SIEM systems may also process other types of data (flows and packets). To score, prioritise, and speed up investigations, event data can be integrated with contextual information about users, assets, threats, and vulnerabilities. To analyse events, data, and contextual information from many sources more effectively for particular goals such network security event monitoring, user activity monitoring, and compliance reporting, the data should ideally be standardised. The system provides advanced analysis of user and entity behaviours, querying and long-range analytics for historical analysis, other assistance for incident investigation and management, reporting, and real-time event analysis for security monitoring (for compliance requirements, for example).
Top Trending Vendors
Elastic
Elastic has offices in Singapore, the Netherlands, and Mountain View, California, in the United States. Customers use it all over the world. Elastic Security, its SIEM product, provides endpoint security when Elastic acquired Endgame in 2019. Midsize companies are among its clients, while huge businesses make up the majority. In February 2020, Elastic's SIEM platform went generally available. Elastic Security can be installed locally or used as a SaaS through Elastic Cloud. Standard (formerly Basic) and Premium (Gold, Platinum, and Enterprise) tiers of Elastic's subscription model are offered both as self-managed software and through Elastic Cloud. The memory resources utilised to store, search for, and analyse data are the foundation of the company's resource-based pricing model.
Exambeam
Exambeam has offices all over the world in addition to its U.S. headquarters in Foster City, California. Its clientele is primarily concentrated in North America, with smaller percentages in Europe, Asia/Pacific, and Latin America. Although there are some midrange companies, the majority of our clientele are large corporations. The Exabeam Fusion SIEM (formerly SaaS Cloud) SaaS, on-premises, and hybrid federated deployment options are all available for the SIEM solution. Advanced Analytics, Threat Hunter, Entity Analytics, Case Manager, and Incident Responder are some of its components. Exabeam Data Lake is another. For the purpose of enhancing an existing SIEM product, these elements can be bought in sets or separately. Exabeam Cloud Connectors and Cloud Archive are examples of add-ons. Term-based licencing is used. Pricing for SaaS is often determined by the quantity of users or entities being monitored, but alternative data volume pricing is also available.
FireEye
FireEye main office is in Milpitas, California, in the United States. The majority of its clients are in North America, followed by the Middle East, Asia, and Europe in terms of customer concentrations. In addition to its FireEye Helix extended detection and response (XDR) platform, FireEye offers a variety of security detection services, including network, email, file analysis, packet capture, endpoint, threat intelligence, and managed service capabilities. Security orchestration, automation, and response (SOAR) capabilities are offered by FireEye Security Orchestrator at no additional licence fee. Helix is a cloud-based SaaS-only SIEM system, and its pricing is determined by the rate at which data is ingested (EPS).
Fortinet
Sunnyvale, California, in the United States, is home to Fortinet. It has a presence around the world and clients in all significant geographic areas, but particularly in North America and Europe. FortiSIEM is its SIEM solution. This item contains Advanced Agents (for Windows-based user and entity behaviour analytics [UEBA] capabilities). FortiSOAR, FortiAnalyzer, and other components of Fortinet's security product stack are all integrated with FortiSIEM. Pricing is determined by the number of agents, EPS, and devices. You can buy a physical or virtual appliance of FortiSIEM. There are perpetual and recurring licences available.
Gurucul
The U.S. city of Los Angeles serves as the headquarters of Gurucul. The next-largest concentrations of its clients are in Europe, Asia, the Middle East, and Latin America, with North America having the highest concentration. Gurucul SIEM, its SIEM solution, is a component of the Gurucul Risk Analytics platform. It can be deployed on-premises, in the cloud, or in a hybrid environment. In addition to Identity Analytics and User & Entity Behavior Analytics, components include Log Aggregator, Threat Hunting, Security Data Lake, a Network Traffic Analysis engine, and SOAR. Perpetual and subscription licences, which can be monthly, yearly, or multiyear, are also available from Gurucul. The cost is determined by the quantity of users and entities being watched.
Huawei
The headquarters of Huawei are in Shenzhen, China. The Middle East, Africa, and Latin America are where the majority of its SIEM clients are based. HiSec Insight is its SIEM solution, and for feature- or architecture-specific requirements, there are several other modules and associated technologies available. Large and midsize businesses make up the majority of its clientele, although there are also some smaller customers. The cost of on-premises deployments is determined by data volume (gigabytes per day) and velocity (EPS), as well as log retention and add-on modules. The quantity of Elastic Container Services (ECSs) purchased determines SaaS installations.
IBM
IBM headquarters are in Armonk, New York. North America, Europe, Asia/Pacific, Latin America, and the Middle East are where IBM's operations are concentrated. In addition to its QRadar SIEM solution, IBM Security offers a wide range of security products, including Guardium, Trusteer, X-Force Threat Intelligence, Cloud Pak for Security, Verify Access, Privileged Identity Manager, QRadar Network Insights (QNI), WinCollect, and QRadar Vulnerability Manager (QVRM; for vulnerability assessment). Only on-premises deployments with server-based, unrestricted capacity are eligible for licencing (perpetual or subscription license). On-premises and SaaS systems are both eligible for capacity-based (EPS) licencing (QRadar on Cloud [QROC]).
LogPoint
The headquarters of LogPoint are in Copenhagen, Denmark. It has clients all throughout the world, but with a focus on Europe. The LogPoint Director and UEBA are offered by its SIEM solution (including Director Console and Director Fabric). Applied Analytics and LogPoint for SAP are complementary solutions. Subscription licencing is available, and the cost is determined by the volume of assets being watched. UEBA is licenced individually and charged based on the quantity of assets and workers. Physical appliances and software appliances are examples of SIEM form factors. Only SaaS is offered for UEBA. In August 2020, LogPoint bought agileSI to improve its SAP security capabilities.
LogRhythm
LogRhythm main office is in Boulder, Colorado, in the United States. A number of add-on components are built into its SIEM platform to give endpoint, network, and user behaviour analytics capabilities. North America and Europe account for the vast majority of its SIEM clients, with the other clients being located in Asia/Pacific, the Middle East and Africa, and Latin America. Midsize businesses and smaller organisations make up the majority of its clients, however huge businesses have also used its platform. Although there is a cloud-hosted deployment option, the majority of clients set up their platforms on-site. There are two types of licencing: perpetual (paid according to the average number of messages per second per day) and subscription (priced by number of employees).
ManageEngine
The SIEM system offered by ManageEngine, a security company based in Pleasanton, California, is called Log360. Advanced Behavioral Analytics, Advanced Threat Analytics, Cloud Security Plus, and DataSecurity Plus are related solutions (or readily available modules). SaaS or on-premises versions of Log360 are both available, but a hybrid solution is not supported. A perpetual licence or a yearly subscription are also options for licencing. While on-premises pricing is dependent on the number of event sources or assets, SaaS deployment cost is based on the volume of data saved in the cloud over a specified time period.
McAfee
San Jose, California, is home to McAfee's corporate headquarters. Although it has a global clientele, the most of them are in North America. The Enterprise Security Manager (ESM) from McAfee has a number of logging and analytics-related components. A sizable ecosystem of additional security products from McAfee, such as Application Data Monitor, MVISION Cloud, and MVISION EDR, integrate with ESM. For physical or virtual appliances, there are perpetual licences available, and cost is determined by the size of the appliance (measured in cores) that can accommodate a specific volume of data (measured in EPS). The price of McAfee ESM Cloud, which was released in July 2020, is an annual subscription based on predicted EPS.
Micro Focus
Micro Focus has offices and clients all around the world and its main office is in Newbury, United Kingdom. The company's ArcSight SIEM platform is made up of many elements for event gathering and logging, alerting, research, analytics, and response. The majority of ArcSight's clients are large corporations, with the other clients being evenly split between small and midsize businesses. With fewer people in the Middle East, Africa, and Latin America, customers are spread out more thinly across North America, Europe, and Asia/Pacific. The majority of licences are perpetual. Prices are determined by EPS. ArcSight Intelligence (UEBA) is a subscription-based service with a per-user cost. There will be more subscription possibilities.
Microsoft
Microsoft, which has its headquarters in Redmond, Washington, serves clients all around the world. In September 2019, their SIEM product, Azure Sentinel, become generally accessible. Only SaaS is offered via Microsoft's Azure cloud services. Except for China, all Azure locations provide Azure Sentinel. Subscription is used for licencing. Pricing is generally determined by the amount of data that is consumed, either through reserved capacity or pay-as-you-go. Increased fees apply when using services for additional data storage, automation, and "create your own machine learning." Microsoft offers a sizable ecosystem of security products that work with Azure Sentinel, including CASBs, EDR systems, and endpoint protection platforms.
NetWitness
America's Bedford, Massachusetts, serves as the home base for NetWitness. The majority of its global clientele are huge corporations. NetWitness Logs, Network, Endpoint, IoT, UEBA, and SOAR are all parts of the NetWitness Platform (NWP). There are perpetual and term licences available. Data volume (Logs and Network), endpoint count (Endpoint), active accounts (UEBA), users, and playbooks all go into component pricing (SOAR). In the last 12 months, Dell Technologies sold NetWitness and spun it off as a standalone company under RSA.
Odyssey
Odyssey's operations are mostly concentrated on Europe and the Middle East, and the company is based in Cyprus. EDR and security services are only a couple of the security solutions that Odyssey offers. ClearSkies SaaS NG SIEM is its SIEM offering. The Identity and Access Service module, ClearSkies NG Endpoint Detection & Response (EDR), and ClearSkies NG Active Defense are related products (or readily accessible modules). Only SaaS versions of ClearSkies are offered, and a subscription-based licencing scheme is used. Data volume (gigabytes) per day determines price.
Rapid7
Boston, Massachusetts, in the United States, is where Rapid7 is based. On the cloud-based Insight platform, it operates InsightIDR, its SIEM solution. Other products include DivvyCloud (cloud security posture management), InsightVM (vulnerability management), InsightAppSec, InsightConnect (SOAR), and Enhanced Network Traffic Analysis. The U.S. has the largest concentration of InsightIDR platform users, followed by Europe and Latin America. A simple price structure depending on the quantity of assets being monitored is used for the term licencing of InsightIDR.
Securonix
Securonix has offices across the United States, the United Kingdom, Singapore, and India. Its headquarters are in Addison, Texas, in the United States. The SIEM solution it offers consists of Next-Gen SIEM, Security Data Lake, UEBA, SOAR, NDR, threat intelligence, adversary behaviour analytics, and a number of use-case-specific apps (such as for healthcare and SAP). North America has the most Securonix clients, followed by the Middle East & Africa, Europe, Asia/Pacific, and Latin America. The majority of clients are large corporations, but there are a few medium clients as well. Managed service providers look after smaller clients. Although perpetual licences are an option, most customers choose term licences.
Splunk
Splunk is a global company with its headquarters in San Francisco, California, but its core clientele are Americans. The main component of Splunk SIEM is Splunk Enterprise, together with Splunk Cloud, Enterprise Security, and Mission Control. For UEBA and SOAR, there are premium, but not natively integrated, options. Software or the Splunk Cloud can be used to implement the Splunk offering. With pricing structures that incorporate volume ingested per day, infrastructure/workload, tiered pricing, and enterprise licence agreements, Splunk Enterprise and Enterprise Security are licenced on a subscription basis. Mission Control, a SaaS-based solution providing central visibility of Phantom, User Behavior Analytics (UBA), and Splunk Enterprise Security, was released by Splunk in October 2020.
Sumo Logic
Sumo Logic is based in Redwood City, California, and has offices around Asia/Pacific, Europe, and the United Kingdom. The majority of Sumo Logic's SIEM clients are located in North America, with Asia/Pacific and Europe having the next-highest proportions. The company's SIEM product, dubbed Cloud SIEM Enterprise, is solely offered as an AWS-based SaaS solution. With tiering options, licencing is available as a subscription-based model (with price based on data ingestion) or a credit-based one (using credits to permit specialised resource consumption, such as occasional search or continuous analytics).
Venustech
Beijing, China is home to Venustech. With lesser populations in the Middle East and Africa, Asia/Pacific accounts for the majority of its clients. Venusense Unified Security Management is its SIEM offering. Cybersecurity Situation Awareness, Security Analytics, NTA, Configuration Verification, Business Supporting Security Management, and Asset Exploration and Management are related solutions (or readily available modules). Both on-premises and SaaS versions of the SIEM software are offered. Perpetual or subscription-based licencing is available, with specific licencing available for MSSPs and organisations working in the field of education. Pricing for SaaS models has an option to be determined by the number of employees in addition to the number of log sources.
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