IBM Named a Leader in Gartner Magic Quadrant for Security Information and Event Management - Insurance News | InsuranceNewsNet

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July 1, 2014 Newswires
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IBM Named a Leader in Gartner Magic Quadrant for Security Information and Event Management

PR Newswire Association LLC

ARMONK, N.Y., July 1, 2014 /PRNewswire/ -- IBM (NYSE: IBM) today announced that Gartner, Inc. has positioned IBMSecurity Systems as a leader in providing Security Information and Event Management software in the newly published Gartner Magic Quadrant for SIEM Technology1 This report follows the recent recognition of IBM moving up Gartner's worldwide security software rankings to the number three spot. 

IBM Corporation Logo

"We believe Gartner's recognition helps validate IBM's approach to security that focuses on helping customers benefit from security intelligence and analytics, and overcome challenges created by fragmented point solutions," said Brendan Hannigan, General Manager, IBM Security Systems. "Our IBM Security QRadar SIEM solution is also part of a broader integrated Threat Protection System that goes far beyond the traditional approaches of protection.  We can now disrupt advanced persistent threats, prevent data breaches and anticipate behavioral changes in applications regardless of whether they are from known or unknown threats." 

Among the 15 vendors evaluated in the report, IBM was placed furthest on the completeness of vision and highest on the ability to execute axes.  With regard to completeness of vision, Gartner analysts evaluated market understanding among seven other evaluation criteria which is the "Ability of the vendor to understand buyers' wants and needs and to translate those into products and services. Vendors that show the highest degree of vision listen to and understand buyers' wants and needs, and can shape or enhance those with their added vision."

With regard to ability to execute, seven criteria are evaluated including customer experience. "Customer experienceis an evaluation of product function or service within production environments. The evaluation includes ease of deployment, operation, administration, stability, scalability and vendor support capabilities. This criterion is assessed by conducting qualitative interviews of vendor-provided reference customers in combination with feedback from Gartner clients that are using or have completed competitive evaluations of the SIEM offering."

IBM Security QRadar conducts behavioral analysis of an organization's business processes and applications to help determine if potential security-related events are simple anomalies or potential threats -- all with small rates of false positives limiting the need for Chief Information Security Officer (CISO) teams to deploy unnecessary resources.   

Unlike traditional SIEM, IBM Security QRadar also provides log management, anomaly detection, incident forensics, configuration and vulnerability management capabilities. It also fully integrates with IBM's Big Data and Analytics platform.

Gartner estimates, "SIEM is a $1.5 billion market that grew 16% during 2013 — with an expected growth rate of 12.4% during 2014."  In the overall security software market, IBM has experienced six straight quarters of double digit growth fueled by a significant investment in organic development and the acquisition of companies, including Q1 Labs, Trusteer, Guardium, Ounce Labs, Watchfire and Fiberlink/MaaS360.

To view the full report, visit: http://ibm.co/1x5MxpW

To read a blog post on the report and its implications to the market, visit: http://ibm.co/1pQe9Lr

About IBM Security

IBM's security portfolio provides the security intelligence to help organizations holistically protect their people, data, applications and infrastructure. IBM offers solutions for identity and access management, security information and event management, database security, application development, risk management, endpoint management, next-generation intrusion protection and more. IBM operates one of the world's broadest security research and development, and delivery organizations. IBM monitors 15 billion security events per day in more than 130 countries and holds more than 3,000 security patents.

For more information, please visit www.ibm.com/security, follow @IBMSecurity on Twitter or visit the IBM Security Intelligence blog.

Disclaimer: Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings. Gartner research publications consist of the opinions of Gartner's research organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

Contact: Michael RowinskiExternal Relations, IBM Security
720-395-8497
[email protected]

1 Gartner "Magic Quadrant for Security Information and Event Management" by Kelly M. Kavanagh, Mark Nicolett, Oliver Rochford, June 25, 2014

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SOURCE IBM

Wordcount:  672

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