LogRhythm Named a Leader for Fifth Consecutive Year in Gartner Magic Quadrant for Security Information and Event Management (SIEM)
BOULDER, Colo.–(BUSINESS WIRE)–LogRhythm, The Security Intelligence Company, today announced that it has, once again, been positioned as a Leader by Gartner, Inc. in the 2016 “Magic Quadrant for Security Information and Event Management” research report. This is the fifth consecutive year that Gartner has recognized LogRhythm as a Leader among SIEM providers.
“Organizations are under immense pressure to quickly detect, respond to and neutralize increasingly sophisticated cyber threats,” said Chris Petersen, CTO and co-founder of LogRhythm. “We are honored to be recognized by Gartner and believe this year’s placement in the Leaders quadrant for SIEM speaks volumes about our leadership in the market, and our ability to address the most pressing customer needs in the areas of threat management, security and compliance. I believe this report validates the excellence and dedication of our engineering and product teams. With our latest up-and-to-the-right movement in the leadership quadrant, it is crystal clear that LogRhythm is delivering on our promise to help companies around the globe neutralize today’s cyber threats.”According to Gartner, the SIEM Leaders quadrant is composed of vendors that provide products that are a strong functional match to general market requirements, have been the most successful in building an installed base and revenue stream within the SIEM market, and have a relatively high viability rating (due to SIEM revenue or SIEM revenue in combination with revenue from other sources). In addition to providing technology that is a good match to current customer requirements, Leaders also show evidence of superior vision and execution for emerging and anticipated requirements. They typically have relatively high market share and/or strong revenue growth, and have demonstrated positive customer feedback for effective SIEM capabilities and related service and support.
LogRhythm’s security intelligence and analytics platform unifies next-generation SIEM, including log management, network monitoring and forensics, endpoint monitoring and forensics security analytics, and user, network and endpoint behavioral analytics. In addition to protecting customers from the risks associated with cyber threats, LogRhythm provides innovative compliance automation and assurance, and enhanced IT intelligence.