Category: IT Security

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.

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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.

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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.

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