Published on April 5, 2021
Securonix added another award to our trophy case recently, bringing home the Gold 2021 Cybersecurity Excellence Award in Security Information and Event Management (SIEM). In less than five years since entering the SIEM space, Securonix has established itself as a top provider, serving 1/3 of Fortune 500 companies across various industry verticals and global regions. Securonix Next-Gen SIEM was identified as a Leader in the 2020 Gartner Magic Quadrant for SIEM and the Q4 2020 Forrester Wave for Security Analytics platforms. From a company perspective, our SaaS business has grown over 400% since 2018 and continues to grow more than 100% year over year.
The way we’re redefining SIEM for today’s hybrid cloud, data-driven enterprise, is making a real difference for our customers.
With global dwell time averaging around 60 days, threat hunting on both real-time and long-term data continues to be an important part of cybersecurity resiliency. However, searching across historical data is costly and time consuming. Many legacy SIEM vendors aren’t able to dynamically scale for fast search across archived data without throttling. Securonix empowers threat hunters with long-term search at a 1/3 of the cost of competing solutions, and nearly unlimited scale. With long-term search, organizations can reduce the time needed to investigate and find threats that are already in their environment. Securonix also allows SOC teams to search and act on live streaming data with virtually zero latency.
At over 500 employees, Securonix is one of the largest companies in this year’s Cybersecurity Excellence Award program. We're honored that its judges have recognized the excellence, innovation, and leadership our company, its products, and the team demonstrate every day. We’ve been honored with several prestigious SIEM awards to being the year and are looking forward to even more as 2021 unfolds.