Welcome!

Weblogic Authors: Yeshim Deniz, Elizabeth White, Michael Meiner, Michael Bushong, Avi Rosenthal

Related Topics: Cloud Security

News Feed Item

Fuelled by Local Competitors, the European In-the-Cloud Managed Security Services Market Takes Off

Fuelled by Local Competitors, the European In-the-Cloud Managed Security Services Market Takes Off

LONDON, October 4 /PRNewswire/ -- Currently, the vast majority of revenues of the nascent EMEA in the cloud managed security services (MSS) market derive from offering clean pipe services to end users. These MSS providers (MSSPs) typically control a wide variety of security solutions for malware and threat prevention, virus scanning, and/or URL filtering. Increasingly, however, they are providing other security services such as e-mail archiving, anti-denial of service attacks and intrusion prevention systems to protect corporate networks in an ever-changing, threat landscape. These trends are poised to dramatically transform the MSS market over the coming years.

Frost & Sullivan (http://www.internetsecurity.frost.com) finds that the EMEA In the Cloud Managed Security Services Market earned revenues of US$81.7 million in 2005 and estimates this to reach US$603.7 million in 2012.

"The growth and development of this market has been fuelled by specialist European MSSPs who have pushed e-mail hygiene services in the region," says Frost & Sullivan Industry Analyst Jose Lopez. "Their key selling proposition has been based on providing a clean pipe to their clients, thus saving bandwidth costs. In addition, the introduction of new services such as instant messaging (IM) filtering, Web filtering and e-mail archiving and encryption has had a positive effect on 2005 and 2006 growth levels, which will drive revenue expansion throughout the forecasted period."

While the existent services have attracted a number of important clients and demonstrate the validity of the in the cloud model, the anticipated growth of this market is unlikely to come from selling e-mail and Web security services alone. Instead, future market growth will derive from additional security services such as firewall and intrusion prevention services that are already popular customer premise equipment (CPE) based services.

"In 2007 and 2008 there will be stronger commitment from established MSSPs who will start to offer these services to a larger audience," suggests Mr. Lopez. "Therefore, the growth seen in the past few years will be sustained by the introduction of new services and stronger commitment from MSSPs, which will drive the market growth in the region throughout the forecasted period."

The in-the-cloud MSS model remains relatively new to the marketplace, and has been subjected to the scrutiny and scepticism that is typical in an industry still experiencing the early phase of its product lifecycle curve.

Moreover, the MSS model continues to encounter even more scepticism than most new industries would experience at this point in the lifecycle due to the extremely sensitive nature of the clients' networks. Therefore, the challenge of establishing and maintaining the trust of existing and potential clients alike is therefore of paramount importance to the future of the industry as a whole.

"This restraint will gradually be reduced over the next few years by ongoing consolidation with the presence of well established IT and telecom vendors," notes Mr. Lopez. "However, regardless of the reputation for excellence MSSPs earn through their client partnerships, it seems likely that in the long term large and small businesses alike will always be somewhat uneasy about relying on an external third party to secure their networks."

If you are interested in a virtual brochure, which provides manufacturers, end users, and other industry participants with an overview of the latest analysis of The European In the Cloud Managed Security Services Market, send an e-mail to Srividhya Parthasarathy - Corporate Communications at [email protected] with your full name, company name, title, telephone number, e-mail address, city, state, and country. We will send you the information through email upon receipt of the above information.

The European In the Cloud Managed Security Services Market is part of the Network Security Technologies Subscription which also includes research in the following markets: Intrusion Detection and Prevention Markets, SSL VPN markets, Content Filtering Markets. All research included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants. Interviews with the press are available.

Frost & Sullivan, a global growth consulting company, has been partnering with clients to support the development of innovative strategies for more than 40 years. The company's industry expertise integrates growth consulting, growth partnership services, and corporate management training to identify and develop opportunities. Frost & Sullivan serves an extensive clientele that includes Global 1000 companies, emerging companies, and the investment community by providing comprehensive industry coverage that reflects a unique global perspective and combines ongoing analysis of markets, technologies, econometrics, and demographics. For more information, visit www.frost.com.

List of key industry participants: MessageLabs, BlackSpider, Postini, Cybertrust, McAfee, SurfControl, E-mail Systems, Orange Business Services, VeriSign, Symantec, ISS, ScanSafe, Microsoft, Trend Micro, Panda Software, BT Infonet, IBM, CSC, F-Secure, MX Logic, Netintelligence, Nicnames, Unisys

List of keywords in this press release: European In-the-Cloud Managed Security Services Market, Europe, market, in the cloud managed security services, MSS, managed security services, MSSPs, managed security service providers, clean pipe services, security solutions, malware, threat prevention, virus scanning, URL filtering, e-mail archiving, anti-denial of service attacks, intrusion prevention systems, specialist MSSPs, e-mail security, web security services, e-mail hygiene services, bandwidth costs, IM filtering, web filtering, e-mail archiving, encryption, IT vendors, telecom vendors, firewall services, intrusion prevention services, CPE based services

Media Contacts: Europe: Srividhya Parthasarathy Corporate Communications P: +91-(044)-42044668 E: [email protected] Americas: Mireya Castilla Corporate Communications P: +1-210-247-3830 F: +1-210-348-1003 E: [email protected] India: Surbhi Dedhia Corporate Communications P: +91-22-5001-3431 E: [email protected] Asia Pacific Sarah Lourdes Corporate Communications P: +603-6204-5878 E: [email protected] Australia: Sharmin Jassal Corporate Communications P: +61-2-8247-8900 F: +61-2-9252-8066 E: [email protected]

Frost & Sullivan

Media Contacts: Europe: Srividhya Parthasarathy, Corporate Communications, P: +91-(044)-42044668, E: [email protected]. Americas: Mireya Castilla, Corporate Communications, P: +1-210-247-3830, F: +1-210-348-1003, E: [email protected]. India: Surbhi Dedhia, Corporate Communications, P: +91-22-5001-3431, E: [email protected]. Asia Pacific, Sarah Lourdes, Corporate Communications, P: +603-6204-5878, E: [email protected]. Australia: Sharmin Jassal, Corporate Communications, P: +61-2-8247-8900, F: +61-2-9252-8066, E: [email protected]

More Stories By PR Newswire

Copyright © 2007 PR Newswire. All rights reserved. Republication or redistribution of PRNewswire content is expressly prohibited without the prior written consent of PRNewswire. PRNewswire shall not be liable for any errors or delays in the content, or for any actions taken in reliance thereon.

@ThingsExpo Stories
Join IBM November 1 at 21st Cloud Expo at the Santa Clara Convention Center in Santa Clara, CA, and learn how IBM Watson can bring cognitive services and AI to intelligent, unmanned systems. Cognitive analysis impacts today’s systems with unparalleled ability that were previously available only to manned, back-end operations. Thanks to cloud processing, IBM Watson can bring cognitive services and AI to intelligent, unmanned systems. Imagine a robot vacuum that becomes your personal assistant tha...
SYS-CON Events announced today that TidalScale will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. TidalScale is the leading provider of Software-Defined Servers that bring flexibility to modern data centers by right-sizing servers on the fly to fit any data set or workload. TidalScale’s award-winning inverse hypervisor technology combines multiple commodity servers (including their ass...
As hybrid cloud becomes the de-facto standard mode of operation for most enterprises, new challenges arise on how to efficiently and economically share data across environments. In his session at 21st Cloud Expo, Dr. Allon Cohen, VP of Product at Elastifile, will explore new techniques and best practices that help enterprise IT benefit from the advantages of hybrid cloud environments by enabling data availability for both legacy enterprise and cloud-native mission critical applications. By rev...
Infoblox delivers Actionable Network Intelligence to enterprise, government, and service provider customers around the world. They are the industry leader in DNS, DHCP, and IP address management, the category known as DDI. We empower thousands of organizations to control and secure their networks from the core-enabling them to increase efficiency and visibility, improve customer service, and meet compliance requirements.
With major technology companies and startups seriously embracing Cloud strategies, now is the perfect time to attend 21st Cloud Expo October 31 - November 2, 2017, at the Santa Clara Convention Center, CA, and June 12-14, 2018, at the Javits Center in New York City, NY, and learn what is going on, contribute to the discussions, and ensure that your enterprise is on the right path to Digital Transformation.
Amazon is pursuing new markets and disrupting industries at an incredible pace. Almost every industry seems to be in its crosshairs. Companies and industries that once thought they were safe are now worried about being “Amazoned.”. The new watch word should be “Be afraid. Be very afraid.” In his session 21st Cloud Expo, Chris Kocher, a co-founder of Grey Heron, will address questions such as: What new areas is Amazon disrupting? How are they doing this? Where are they likely to go? What are th...
SYS-CON Events announced today that N3N will exhibit at SYS-CON's @ThingsExpo, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. N3N’s solutions increase the effectiveness of operations and control centers, increase the value of IoT investments, and facilitate real-time operational decision making. N3N enables operations teams with a four dimensional digital “big board” that consolidates real-time live video feeds alongside IoT sensor data a...
In his Opening Keynote at 21st Cloud Expo, John Considine, General Manager of IBM Cloud Infrastructure, will lead you through the exciting evolution of the cloud. He'll look at this major disruption from the perspective of technology, business models, and what this means for enterprises of all sizes. John Considine is General Manager of Cloud Infrastructure Services at IBM. In that role he is responsible for leading IBM’s public cloud infrastructure including strategy, development, and offering ...
Digital transformation is changing the face of business. The IDC predicts that enterprises will commit to a massive new scale of digital transformation, to stake out leadership positions in the "digital transformation economy." Accordingly, attendees at the upcoming Cloud Expo | @ThingsExpo at the Santa Clara Convention Center in Santa Clara, CA, Oct 31-Nov 2, will find fresh new content in a new track called Enterprise Cloud & Digital Transformation.
Smart cities have the potential to change our lives at so many levels for citizens: less pollution, reduced parking obstacles, better health, education and more energy savings. Real-time data streaming and the Internet of Things (IoT) possess the power to turn this vision into a reality. However, most organizations today are building their data infrastructure to focus solely on addressing immediate business needs vs. a platform capable of quickly adapting emerging technologies to address future ...
Most technology leaders, contemporary and from the hardware era, are reshaping their businesses to do software. They hope to capture value from emerging technologies such as IoT, SDN, and AI. Ultimately, irrespective of the vertical, it is about deriving value from independent software applications participating in an ecosystem as one comprehensive solution. In his session at @ThingsExpo, Kausik Sridhar, founder and CTO of Pulzze Systems, will discuss how given the magnitude of today's applicati...
SYS-CON Events announced today that NetApp has been named “Bronze Sponsor” of SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. NetApp is the data authority for hybrid cloud. NetApp provides a full range of hybrid cloud data services that simplify management of applications and data across cloud and on-premises environments to accelerate digital transformation. Together with their partners, NetApp emp...
As popularity of the smart home is growing and continues to go mainstream, technological factors play a greater role. The IoT protocol houses the interoperability battery consumption, security, and configuration of a smart home device, and it can be difficult for companies to choose the right kind for their product. For both DIY and professionally installed smart homes, developers need to consider each of these elements for their product to be successful in the market and current smart homes.
SYS-CON Events announced today that Avere Systems, a leading provider of enterprise storage for the hybrid cloud, will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Avere delivers a more modern architectural approach to storage that doesn't require the overprovisioning of storage capacity to achieve performance, overspending on expensive storage media for inactive data or the overbui...
Widespread fragmentation is stalling the growth of the IIoT and making it difficult for partners to work together. The number of software platforms, apps, hardware and connectivity standards is creating paralysis among businesses that are afraid of being locked into a solution. EdgeX Foundry is unifying the community around a common IoT edge framework and an ecosystem of interoperable components.
SYS-CON Events announced today that Avere Systems, a leading provider of hybrid cloud enablement solutions, will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Avere Systems was created by file systems experts determined to reinvent storage by changing the way enterprises thought about and bought storage resources. With decades of experience behind the company’s founders, Avere got its ...
High-velocity engineering teams are applying not only continuous delivery processes, but also lessons in experimentation from established leaders like Amazon, Netflix, and Facebook. These companies have made experimentation a foundation for their release processes, allowing them to try out major feature releases and redesigns within smaller groups before making them broadly available. In his session at 21st Cloud Expo, Brian Lucas, Senior Staff Engineer at Optimizely, will discuss how by using...
In this strange new world where more and more power is drawn from business technology, companies are effectively straddling two paths on the road to innovation and transformation into digital enterprises. The first path is the heritage trail – with “legacy” technology forming the background. Here, extant technologies are transformed by core IT teams to provide more API-driven approaches. Legacy systems can restrict companies that are transitioning into digital enterprises. To truly become a lead...
SYS-CON Events announced today that CAST Software will exhibit at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 - Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. CAST was founded more than 25 years ago to make the invisible visible. Built around the idea that even the best analytics on the market still leave blind spots for technical teams looking to deliver better software and prevent outages, CAST provides the software intelligence that matter ...
SYS-CON Events announced today that Daiya Industry will exhibit at the Japanese Pavilion at SYS-CON's 21st International Cloud Expo®, which will take place on Oct 31 – Nov 2, 2017, at the Santa Clara Convention Center in Santa Clara, CA. Ruby Development Inc. builds new services in short period of time and provides a continuous support of those services based on Ruby on Rails. For more information, please visit https://github.com/RubyDevInc.