Secureworks, Inc recognized as a Leader in Avasant’s Cybersecurity Services RadarView™ Report
Among endless service provider options, novel and disruptive mechanics in innovation brings recognition as a Leader for Cybersecurity Services 2019.
Read the Avasant report
“Continuously investing in and enhancing its ML-based CTP. Robust partner alliance and flexible pricing model.”
AVASANT ANALYST INSIGHTS
Practice Maturity
- Secureworks relies on its 4,400 customer relationships, its scalable Counter Threat Platform (CTP), its vendor-neutral approach and its flexible pricing model to drive its security solutions, which include managed security, threat intelligence, security and risk consulting, and incident response.
- Its CTP platform applies machine learning algorithms, which allows it to gather intelligence from multiple security and network devices, applications and endpoints.
- To align with the evolving client environment, it introduced a new pricing model in 2018 for its Managed Detection and Response (MDR) solution. Because it bills the organization on the basis of the number of employees, it brings required transparency and predictability into the model and helps clients to scale their cybersecurity program based on its IT infrastructure.
- Additionally, the new pricing model addresses the concern regarding the shift in the relative revenue mix witnessed across subscription-based solutions (derived 80% revenue) provided under managed security services (MSS) and professional services engagements (20% revenue).
Partnership Ecosystem
- It derives capabilities through its partner network, and form alliances on the following fronts: technology licensing, joint technology development, integration, research cooperation, co-marketing and sell-through arrangements.
- Its key technology partners include Qualys and Kenna Security (for vulnerability management), Cisco – Sourcefire (network security), Lastline (malware detection and protection), TIBCO – LogLogic (log management), and Carbon Black (endpoint security).
Investments and Innovation
- It has R&D Centers at multiple locations across the globe and has recently opened a security-specific CoE in Romania.
- It invests heavily in developing counterthreat intelligence and platforms to proactively warn client of imminent threat. In Feb 2018, its R&D expense on cybersecurity was USD 80.2M, which focused mainly on enhancing CTP. It has plans to extend and integrate its solutions into third-party cloud environments as many clients are moving there.
Featured Resources
2019 Cybersecurity Services RadarView™ Report
2019 Applied AI and Advanced Analytics RadarView™ Report
2019 Internet of Things Services RadarView™ Report
2018 Hybrid Enterprise Cloud Services RadarView™ Report
2018 Intelligent Automation Services RadarView™ Report
2018 Blockchain Services RadarView™ Report
Secureworks, Inc.’s Cybersecurity Services Practice
DISCLAIMER:
This graphic was published by Avasant LLC as part of a larger research document and should be evaluated in the context of the entire document. The document is available upon request from Avasant website. Avasant does not endorse any provider, product or service depicted in its research publications, including RadarViewTM, and does not advise users to select only those providers recognized in these publications. Avasant’s research publications are based on information from best available sources and Avasant’s opinion at the time of publication, and their contents should not be construed as statements of fact. Avasant disclaims all warranties, expressed or implied, with respect to this research, including and warranties of merchantability or fitness for a particular purpose.