CHICAGO – October 11, 2022 – Trustwave today announced that it has been recognized in the IDC MarketScape analysis of worldwide managed cloud security services (MCSS) providers for organizations with hybrid and multi-cloud IT environments. Trustwave, a pure-play cybersecurity services provider, is well positioned in the market, demonstrating the market acceptance of specialized security skills from its MSS providers.
Source: IDC MarketScape: Worldwide Managed Cloud Security Services in the Multicloud Era 2022 Vendor Assessment; Cathy Huang, September 2022. IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of ICT suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. The Capabilities score measures vendor product, go-to-market and business execution in the short-term. The Strategy score measures alignment of vendor strategies with customer requirements in a 3-5-year timeframe. Vendor market share is represented by the size of the icons
"We believe our placement in the IDC MarketScape is a testament to the breadth of our portfolio and our elite cybersecurity expertise," said Trustwave CEO Eric Harmon. "We are committed to continuing to invest in cutting-edge technology and world-class talent to help organizations across the globe protect their critical data from the evolving threat landscape.”
The report, IDC MarketScape: Worldwide Managed Cloud Security Services in the Multicloud Era 2022 Vendor Assessment (Doc #US48761022 September 2022), evaluates 18 security service providers based on their worldwide capabilities and strategies.
“As companies embark on their digital transformation initiatives, their enterprise IT organizations are turning to MCSS providers that can integrate and manage a muti-faceted security ecosystem of partners and capabilities for a hybrid environment,” says Cathy Huang, Research Director, IDC Security Services Worldwide. “Trustwave has fused together modular offerings that combine consulting and managed services to address the needs of small, midsize, and large enterprises at various levels of security maturity. Customers that IDC has spoken with cite Trustwave’s SpiderLabs team and Security Colony resource as differentiators.”
Positioned as a Major Player, Trustwave differentiators from the report include the following:
- Breadth of offerings: The IDC MarketScape noted that Trustwave's portfolio is enabled by four foundational elements: the services portfolio that fuses consulting and managed services on a global scale, the Fusion platform, SpiderLabs threat research centers, and strategic partnerships, which include Microsoft and Palo Alto Networks.
- Innovative emerging technology: According to the report, buyer's rate Trustwave strongly on its effective use of emerging technologies and assets as well as tools used in the engagement. Trustwave's Fusion platform is fully integrated and core to the delivery of MSS, MDR, and/or comanaged SOC services. The platform, which uses ML, can store, process, correlate, and analyze data according to Trustwave's content rules.
- Elite technical expertise: The report noted that Trustwave customers appreciate the technical expertise shown by its staff, frequency of customer engagement, effective onboarding, and overall customer success/customer service support.
- Portfolio flexibility: Trustwave’s modular portfolio of services enables customers to choose complementary offerings. Flexible pricing models can incorporate both on-premises and cloud environments into a proposal that aligns with a customer's desired consumption methods.
"Small/midsize companies and large enterprises with varying levels of security maturity that prefer MSS, MDR, and comanaged SOC offers targeted to each segment will want to consider Trustwave. Also, companies with a mix of on-premises and cloud estates or those in the process of moving to cloud should consider Trustwave's holistic offerings that fuse consulting and managed services," the IDC MarketScape stated.
About IDC MarketScape:
IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of ICT (information and communications technology) suppliers in a given market. The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of IT and telecommunications vendors can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective vendors.
As a recognized global cyber defender that stops cyber threats all day, every day – we enable our clients to conduct their business securely.
Trustwave detects threats that others can’t see, enabling us to respond quickly and protect our clients from the devastating impact of cyberattacks. We leverage our world-class team of security consultants, threat hunters and researchers, and our market-leading security operations platform to relentlessly identify and isolate threats with the right telemetry at the right time for the right response.
Trustwave is a leader in managed detection and response (MDR), managed security services (MSS), consulting and professional services, database security, and email security. Our elite Trustwave SpiderLabs team provides award-winning threat research and intelligence, which is infused into Trustwave services and products to fortify cyber resilience in the age of advanced threats.
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