Published on October 15, 2020
Entering the final quarter of 2020, we received excellent news that Securonix was selected as a winner in the annual CyberSecurity Breakthrough Awards program. We took home “SIEM Solution of the Year" – an award that’s befitting of our efforts over the past year.
It has truly been a breakthrough 2020 for Securonix. We’ve experienced record customer revenue, employee, and partner growth as we expand our global footprint. While Securonix holds many attributes, this year’s success has been driven by demand for our cloud SIEM offering. Not only does it offer unlimited scale, decrease the dwell time of hidden threats, and provide cutting-edge incident response capabilities – it also accomplishes this while providing the ability to search on both live streaming and historical data at 1/3 the cost of comparable solutions.
These differentiators have helped us become a favorite among Global Fortune 500 companies, who are adopting the Securonix solution as a modern security analytics platform to replace their legacy SIEM solutions. We proudly serve half of the Global Fortune 10 and have achieved 250% YOY SaaS bookings growth. In addition, we’ve onboarded 30+ MSSPs and 100+ logos over the past 12 months.
After being identified as the most visionary SIEM vendor in 2017, we have been able to break through the noise to establish ourselves as the #1 Cloud SIEM provider in less than three years – identified as a leader in the 2020 Gartner Magic Quadrant for SIEM, and now recognized by the CyberSecurity Breakthrough Awards.
With over 3,700 nominations this year coming in from all over the world for the CyberSecurity Breakthrough Awards program, the competition was extremely fierce. We’re honored to have our accomplishments and innovation stand out in that crowd.
As the SIEM market continues to heat up, headed towards $5.5 billion by 2025, we look forward to continuing to disrupt the space with our modern analytics driven approach and SaaS based model, which are helping to further expand our customer footprint across the globe.
If you’re interested in learning more about Securonix’s unique approach to cloud SIEM, drop us a line.