Category: IT Security

Managed Detection and Response (MDR) Services PEAK Matrix® Assessment 2023

Top Managed Detection and Response (MDR) Services

The rise in enterprise touchpoints in the form of IoT, SaaS, and cloud have added to the woes of CISOs by significantly increasing the attack surface. To address this challenge, providers have built expertise in Managed Detection and Response (MDR) services, which not only provide telemetry coverage across sources such as cloud, IoT, OT/ICS, SaaS, endpoints, and network, but also allow enterprises to realize RoI faster than when implementing solutions on their own.

Providers are building localized Security Operations Centers (SOCs), hiring specialized talent, developing accelerators for quicker RoI realization, creating vertical-specific use cases to onboard newer logos more seamlessly, and providing converged IT-OT SOC services. Certain providers have carved a niche for themselves within MDR services and built industry-dedicated SOCs for industries such as automotive, manufacturing, and energy & utilities.

In this research, we assess 27 MDR service providers featured on the MDR Services PEAK Matrix® Assessment.

DOWNLOAD THE FULL REPORT Managed Detection and Response (MDR) Services PEAK Matrix® Assessment 2023

What is in this PEAK Matrix® Report

In this PEAK Matrix® assessment, we:

  • Examine the profiles of 27 MDR service providers globally
  • Study each provider’s strengths and weaknesses
  • Evaluate enterprise sourcing considerations

Scope:

  • All industries and geographies
  • Services: MDR
  • The assessment is based on Everest Group’s annual RFI process for the calendar year 2022, interactions with leading MDR service providers, client reference checks, and ongoing analysis of the MDR services market

LEARN MORE ABOUT Managed Detection and Response (MDR) Services PEAK Matrix® Assessment 2023

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What is the PEAK Matrix®?

The PEAK Matrix® provides an objective, data-driven assessment of service and technology providers based on their overall capability and market impact across different global services markets, classifying them into three categories: Leaders, Major Contenders, and Aspirants.

LEARN MORE ABOUT Top Service Providers

Open Finance IT Services PEAK Matrix® Assessment 2023

Top Open Finance IT Services

The concept of open banking is no longer restricted to payment services. Open finance has widened its scope to include mortgages, wealth management, insurance, savings, and capital markets. These use cases are giving rise to concepts such as embedded finance, buy now pay later, and super-apps, which will allow banks to deliver hyper-personalized products and become more customer-centric. Open finance can disrupt traditional banking models and give rise to innovative models such as marketplace banking.

Additionally, regulators across geographies are implementing regulations and data sharing agendas to synergize banks and FinTechs. This will give rise to open data, which will allow customers to share data across multiple industries. In turn, enterprises and providers are building new solutions, establishing partnerships, and undertaking mergers and acquisitions to strengthen their position in the marketplace.

In this report, we assess 26 Banking and Financial Services (BFS) IT service providers’ vision & capability and market impact and position them on Everest Group’s PEAK Matrix® as Leaders, Major Contenders, and Aspirants. Each provider profile provides a comprehensive picture of its service focus, key Intellectual Property (IP)/solutions, domain investments, and case studies.

DOWNLOAD THE FULL REPORT Open Finance IT Services PEAK Matrix® Assessment 2023

What is in this PEAK Matrix® Report

In this report, we:

  • Classify 26 BFS IT service providers as Leaders, Major Contenders, and Aspirants on Everest Group’s proprietary PEAK Matrix® framework
  • Examine key trends in the BFS open finance space
  • Study IT service providers’ competitive landscape for open finance solutions
  • Assess the key enterprise sourcing considerations (strengths and limitations) for each provider

Scope:

  • Industry: BFS
  • Geography: global
  • The assessment is based on Everest Group’s annual RFI process for the calendar year 2022, interactions with leading IT service providers, client reference checks, and an ongoing analysis of the open finance IT services market

LEARN MORE ABOUT Open Finance IT Services PEAK Matrix® Assessment 2023

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What is the PEAK Matrix®?

The PEAK Matrix® provides an objective, data-driven assessment of service and technology providers based on their overall capability and market impact across different global services markets, classifying them into three categories: Leaders, Major Contenders, and Aspirants.

LEARN MORE ABOUT Top Service Providers

IT Security Services PEAK Matrix® Assessment 2022 – Europe

Top IT Security Services in Europe

Organizations are leveraging IT security services to improve their security postures and prepare for challenges such as ransomware attacks and business disruptions. The COVID-19 pandemic, the shortage of cybersecurity talent, and the rising of CAPEX and OPEX to maintain in-house security teams, especially during the Great Resignation, have further accelerated the adoption of security services. At its end, the European countries have also started to implement stricter laws to provide better security to their citizens, one key example being the UN regulation that mandates cybersecurity management through defined performance metrics and audit requirements for car manufacturers.

Europe-based enterprises are looking for service providers that can offer geographically nuanced security services, especially in areas such as data security & privacy, verticalized SOCs, converged IT/OT security services, and regulatory assessment services, to make sure that enterprises are not just adhering to ever-evolving EU regulations but also the localized data privacy laws. All these factors combined have surged IT security services demand across Europe.

DOWNLOAD THE FULL REPORT IT Security Services PEAK Matrix® Assessment 2022 – Europe

What is in this PEAK Matrix® Report:

  • Examination of the profiles of 28 IT security service providers in Europe

  • Studies of each provider’s strengths and limitations

  • Evaluation of enterprise sourcing consideration

Scope:

  • Geography: Europe

  • Industries: all industries

  • Services: IT security services

  • The assessment is based on Everest Group’s annual RFI process for the calendar year 2022, interactions with leading IT security service providers, client reference checks, and an ongoing analysis of the IT security services market

LEARN MORE ABOUT IT Security Services PEAK Matrix® Assessment 2022 – Europe

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What is the PEAK Matrix®?

The PEAK Matrix® provides an objective, data-driven assessment of service and technology providers based on their overall capability and market impact across different global services markets, classifying them into three categories: Leaders, Major Contenders, and Aspirants.

LEARN MORE ABOUT Top Service Providers

IT Security Services PEAK Matrix® Assessment 2022 – North America

Top IT Security Services in North America

Organizations are leveraging IT security services to improve their security postures and prepare for challenges such as ransomware attacks and business disruptions. The COVID-19 pandemic, the shortage of cybersecurity talent, and rising CAPEX and OPEX in maintaining in-house security teams, especially during the Great Resignation, have further accelerated the adoption of security services. The US federal government has taken a serious stance against cybercriminals and has been proactively making laws on a range of security challenges, such as Operational Technology (OT) security and data privacy laws, such as the California Consumer Privacy Act (CCPA). All these factors combined have surged IT security services demand across North America.

DOWNLOAD THE FULL REPORT IT Security Services PEAK Matrix® Assessment 2022 – North America

What is in this PEAK Matrix® Report:

In this PEAK Matrix® assessment, we:

  • Examine the profiles of 27 IT security service providers in North America
  • Study each provider’s strengths and weaknesses
  • Evaluate enterprise sourcing considerations

In this research, we present an assessment of 27 IT security service providers in North America. 

  • Geography: North America
  • Industries: all industries
  • Services: IT security services
  • The assessment is based on Everest Group’s annual RFI process for the calendar year 2022, interactions with leading IT security service providers, client reference checks, and an ongoing analysis of the IT security services market

LEARN MORE ABOUT IT Security Services PEAK Matrix® Assessment 2022 – North AmericA

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What is the PEAK Matrix®?

The PEAK Matrix® provides an objective, data-driven assessment of service and technology providers based on their overall capability and market impact across different global services markets, classifying them into three categories: Leaders, Major Contenders, and Aspirants.

LEARN MORE ABOUT Top Service Providers

IT Managed Security Services PEAK Matrix® Assessment 2021

Top IT Managed Security Services: MSS Providers

The pandemic has accelerated the pace of digital transformation, specifically in the adoption of cloud, hybrid environments, and other emerging technologies. However, it has also increased the attack surface and exposed loopholes in enterprise cybersecurity constructs. Not only has the pandemic increased the already existing challenges around alert overload, the cybersecurity talent shortage, the lack of threat management capabilities, and more, but it has also uncovered the inability of enterprises to manage and thwart these ever-growing attacks.

Managed Security Services (MSS) providers have gained traction because of their ability to provide agility, scale, cost savings, and resiliency during these tough times. Enterprises are seeking third-party support from these providers for intelligence-led threat hunting and detection, orchestration and automation of alerts underpinned by modular, platform-led operations, reduced incident response times, and cyber forensics.

DOWNLOAD THE FULL REPORT: IT Managed Security Services PEAK Matrix® Assessment 2021

What is in this PEAK Matrix® Report:

  • The assessment is based on Everest Group’s annual RFI process considering investments made until December 2020, interactions with leading IT managed security service providers, client reference checks, and an ongoing analysis of the IT managed security services market
  • An analysis of all industries and geographies

In this research, we present detailed assessments of 28 service providers featured on the IT Managed Security Services (MSS) PEAK Matrix® and categorize them as Leaders, Major Contenders, and Aspirants based on their capabilities and offerings. Each profile provides a comprehensive picture of the service provider’s service focus, key Intellectual Property (IP) / solutions, and domain investments.

LEARN MORE ABOUT IT MSS Providers

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What is the PEAK Matrix®?

The PEAK Matrix® provides an objective, data-driven assessment of service and technology providers based on their overall capability and market impact across different global services markets, classifying them into three categories: Leaders, Major Contenders, and Aspirants.

LEARN MORE ABOUT Top Service Providers

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