Managed Security Services Providers Look to Big Data to Provide Next Generation Solutions and Gain Competitive Advantage

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Enterprises are now looking for proactive security solutions to identify threats before they can cause real harm

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Current Analysis, the market leader in real-time, tactical competitive intelligence for the telecommunications and information technology markets, found that while multinational companies are finally seeing improvements in their abilities to protect against severe security incidents, the demand for managed security service providers (MSSPs) to provide better security information and event management (SIEM) solutions is rapidly increasing. MSSPs with the ability to provide scalable Big Data analytical services on a global basis will be winners in the enterprise market.

Gone are the days of selling packaged security services. MSSPs are now leading with a professional services model, tailoring their solutions to support their customers’ Governance, Risk and Compliance (GRC) needs. Current Analysis has seen GRC requirements shifting to place a greater focus on analytics that will enable companies to thwart threats and identify their source. That’s where Big Data analytics plays a crucial role. MSSPs are monetizing their collection and analysis of huge volumes of real-time activity data by rapid responses to deflect attacks, and providing customers with targeted information about malware threats and possible insider security violations (i.e., data leakage prevention).

“It clear that it is no longer enough to just respond to a threat, said Bernt Ostergaard, Research Director, Managed IT Services at Current Analysis. “Companies want to get ahead of the curve and identify potential threats before they impact the company. But no individual company can gather, process, filter and analyze the vast amount of data fast enough to make that happen.” Ostergaard continued, “Our ongoing assessment of the capabilities of MSSPs documents that providers who excel in Big Data analytics lead the market. It’s a real differentiator.”

Big Data brings together the ability to gather and filter large amounts of data and security information management, with the capability to counter threats quickly and alert customers to possible internal security events. Now with Big Data analytics, MSSPs can rapidly identify significant shifts in traffic patterns, filter and analyze the origin, and proactively identify the source.

“We are seeing a greater confidence level among MSSPs that they can stop net-based attacks,” commented Amy DeCarlo, Principal Analyst, Security and Data Center Services at Current Analysis. “In fact, we are now seeing MSSPs entering into service level agreements with their customers and taking a shared risk approach. Be it pure-play security vendors, systems integrators, IT service providers or carriers, MSSPs with strong data analytic capabilities have become essential partners to enterprise corporations in not only stopping, but preventing security threats.”

For more information, please visit http://www.currentanalysis.com/s/BNITS/.

About Current Analysis

Current Analysis (http://www.currentanalysis.com) has been helping leading telecommunications, information technology and business software companies improve their competitive intelligence, differentiate themselves in the market and win more business since 1997. As the only provider of continuous, in-depth tactical competitive intelligence, analysis and advice, sales teams, product managers, marketing professionals and executives rely on Current Analysis to anticipate and quickly respond to market opportunities and competitive threats. The company serves more than 34,000 professionals at more than 200 global enterprises.

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