Symantec 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.

Cybersecurity Leader Badge 238x300 - Cybersecurity Services 2019 Symantec RadarView™ Profile
Copy of Copy of Ai and Applied Analytics full 2 - Cybersecurity Services 2019 Symantec RadarView™ Profile

Solutions centered around the ICD platform. Inorganic investments-based strategy for rapid capability development.

  • Leader 2019 Cybersecurity Services RadarView™ Report

Avasant Analyst Insights

Practice Maturity

  • Symantec continues to expand its product and solution portfolio and improve product integration through strategic acquisitions and its partner network. To strengthen its global threat hunting, incident response and security analyst footprint, Symantec opened its sixth Security Operations Centre (SOC) in Chennai, India.
  • Further, Symantec made a significant investment in building its Integrated Cyber Defense (ICD) platform over the past couple of years. It invested in R&D effort to integrate its products around key customer pain points such as protecting information in SaaS applications; integrating complementary technologies like cloud access security broker (CASB) and DLP; enhancing endpoint security with advanced endpoint detection and response (EDR).
  • Its strategy is to leverage its product portfolio, partner ecosystem and global threat intelligence network to deliver ICD to enterprise customers. Additionally, its ICD platform aids in acquiring new customers and cross-sell to existing customers.
Cybersecurity Leader Badge - Cybersecurity Services 2019 Symantec RadarView™ Profile

Partnership Ecosystem

  • Symantec launched Technology Integration Partner Program (TIPP) eighteen months back, which in conjunction with ICD helps provide more contextual information around the cyber attack. TIPP also provides access to APIs, product support and demo licensing, which in a way help overcome industry skills shortage. TIPP currently includes 120 active technology partners which have together created 250 products and services.
  • In 2018, Symantec entered into a strategic partnership with NTT Security to strengthen web security services offerings to customers across the cloud, mobile and on-premises, by combining Symantec’s ICD platform with NTT Security’s solutions.

Investments and Innovation

  • In the last 12-18 months, Symantec has acquired specialized companies to enhance its product portfolio, including Skycure, Appthority and Javelin to strengthen both its mobile and enterprise security products, as well as Fireglass and Luminate which bolsters Symantec’s ICD Platform.
  • It has also made multiple investments in cybersecurity start-ups through its Symantec Ventures, which started in 2017. These companies include CyberCube (2018), Digicert (2017) and Shieldx (2017).
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.