Free press releases distribution network?

Agency / Source: Frost & Sullivan

Check Ads Availability|e-mail Article


Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!



Compliance Requirements and Cost Effectiveness of Solutions Boost Outlook for the Global MSSP Market Finds Frost & Sullivan - MSSPs help address the complex issues confronting IT security groups
Compliance Requirements and Cost Effectiveness of Solutions Boost Outlook for the Global MSSP Market Finds Frost & Sullivan

 

PRZOOM - /newswire/ - Mountain View, CA, United States, 2011/04/27 - MSSPs help address the complex issues confronting IT security groups.

   
 
Your Banner Ad Here instead - Showing along with ALL Articles covering IT Services/Network Management Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

As long as cyber threats continue to proliferate, prospects for global managed security service providers (MSSPs) look upbeat. Cyber crime assumes alarming proportions, threatening organizations across all verticals. Enterprises are obliged to comply with stringent regulations to maintain strong security posture. Moreover, the difficult economic climate has forced enterprises to restrain their IT spending.

Outsourcing security to an MSSP will enable an organization to focus on core business processes. Lack of expertise is another factor fueling market growth. MSSP vendors are becoming the preferred solutions for businesses that have shortage of expertise.

New analysis from Frost & Sullivan (networksecurity.frost.com), Global Managed Security Service Providers Rollup, finds that the market earned revenues of over $4,476.8 million in 2009 and estimates this to reach $14,716.0 million in 2016.

If you are interested in more information on this study, please send an email to Mireya Espinoza, Corporate Communications, at mireya.espinoza[.]frost.com, with your full name, company name, job title, telephone number, company email address, company website, city, state and country.

"Vendors in this space have evolved a great deal, offering a range of services while maintaining competitive levels of differentiation and keeping prices under control," says Frost & Sullivan Research Analyst Martha Vazquez. "Services have diversified to offer customer premise equipment (CPE)/managed monitoring and hosting, and assessment/professional services."

Although MSSPs help organizations comply with regulations, they are hesitant to go ahead with the implementation of these services. Companies that have not experienced a serious breach have unrealistic views on the ROI benefits that these services offer.

"There is still a lack of information with regards to the costs incurred by serious data breaches and the pressing need for ramping up security, particularly in light of the slow economy," explains Vazquez. "Further education will need to be addressed for organizations to become more at ease with acknowledging the benefits obtained from outsourcing security to an MSSP."

To remain competitive in the market, MSSPs must focus on diversifying security portfolios and rolling out cost-efficient solutions. Budgets were tighter in 2009; however, trends indicate that organizations are likely to exhibit a greater acceptance of the MSSP model than in the past. As a result, outsourcing as a means of lowering operational costs will come into play. As technology continues to advance, the MSSP segments will experience a shift to reflect these advances.

Participants must understand the subtle nuances of the market and offer products that squarely meet the demands of end users. Flexible and value added services will find greater uptake. Businesses increasingly demand a mix of hosted and CPE-based services. The hosted segment remains the fastest growing due to virtualization, cost reduction, and demand for mix and match of services.

Global Managed Security Service Providers Rollup is part of the Network Security Growth Partnership Services program, which also includes research in the following markets: World Patch Management Products Market, World One Time (OTP) and USB Key Authentication Products Market, World Vulnerability Research Markets Q3 2008, World Public Key Infrastructure (PKI) Certificates and Management Market, World Endpoint Security Products Market, World Secure Mobile Endpoint Products Market, and World Unified Threat Management (UTM) Products Market. All research services included in subscriptions provide detailed market opportunities and industry trends that have been evaluated following extensive interviews with market participants.

About Frost & Sullivan
Frost & Sullivan (frost.com), the Growth Partnership Company, enables clients to accelerate growth and achieve best-in-class positions in growth, innovation and leadership. The company's Growth Partnership Service provides the CEO and the CEO's Growth Team with disciplined research and best-practice models to drive the generation, evaluation, and implementation of powerful growth strategies. Frost & Sullivan leverages over 50 years of experience in partnering with Global 1000 companies, emerging businesses and the investment community from 40 offices on six continents.

Global Managed Security Service Providers Rollup / N479-74

 
 
Your Banner Ad Here instead - Showing along with ALL Articles covering IT Services/Network Management Announcements

Replace these Affiliate Programs at ANYTIME! Your banner here within the next hour. Learn How!


 

Agency / Source: Frost & Sullivan

 
 

Availability: All Regions (Including Int'l)

 

Traffic Booster: [/] Quick PRZOOM - Press & Newswire Visibility Checker

 

Distribution / Indexing: [+] / [Company listed above is a registered member of our network. Content made possible by PRZOOM / PRTODAY indexing services]

 
 
# # #
 
 
  Your Banner Ad showing on ALL
IT Services/Network Management articles,
CATCH Visitors via Your Competitors Announcements!


Compliance Requirements and Cost Effectiveness of Solutions Boost Outlook for the Global MSSP Market Finds Frost & Sullivan

Company website links NOT available to basic submissions
It is OK to republish and/or LINK any newswire for any legitimate media purpose as long as you name PRZOOM - Press & Newswire and LINK as the source.
 
  For more information, please visit:
Is this your article? Activate ALL web links by Upgrading to Press Release PREMIUM Plan Now!
Frost & Sullivan |
Contact: Mireya Espinoza 
210-247-3870 mireya.espinoza[.]frost.com
 
PRZOOM / PRTODAY - Newswire Today disclaims any content contained in this article. If you need/wish to contact the company who published the current release, you will need to contact them - NOT us. Issuers of articles are solely responsible for the accuracy of their content. Our complete disclaimer appears here.
IMPORTANT INFORMATION: Issuance, publication or distribution of this press release in certain jurisdictions could be subject to restrictions. The recipient of this press release is responsible for using this press release and the information herein in accordance with the applicable rules and regulations in the particular jurisdiction. This press release does not constitute an offer or an offering to acquire or subscribe for any Frost & Sullivan securities in any jurisdiction including any other companies listed or named in this release.

IT Services/Network Management via RSSAdd NewswireToday - PRZOOM Headline News to FeedBurner
Find who RetweetFollow @NewswireTODAY



Are you the owner of this article?, Turn it PREMIUM with your LOGO instead - and make it 3rd party Ads-Free! within the next hour!




Read Latest Press Releases From Frost & Sullivan / Company Profile


Read IT Services/Network Management Most Recent Related Press Releases:

AXILSPOT Expands Operations to the Middle East and Africa
Radware Powers XO Communications New DDoS Mitigation Service
Columbia College Chicago Builds E-Learning Network on ADVA FSP 3000
Strategic Integration Partners Significantly Increases Cloud Sales 200% with The Evolve IP OneCloud™
AlgoMatch and Arista 7160 Series Drive Advanced Network Enforcement
DigitalRoute to Attend TM Forum Asia on December 7-8 in Singapore
Evolve IP Honored with BroadSoft ‘Game Changer’ Award
ADVA Optical Networking Introduces Ensemble SmartWAN to Accelerate Virtualized SD-WAN
NEC Enhances Security At The 2016 APEC Economic Leaders' Week in Peru
Philip Linehan Joins EDTS as Sales Executive in Carolinas, Georgia

Boost Your Social Network
& Crowdfunding Campaigns


LIFETIME SOCIAL MEDIA WALL
 
NewswireToday Celebrates 10 Years in Business
Find business coaching, life coaching, executive coaching and corporate coaching, best selling coaching books, ...



PREMIUM Members


Visit  La Bella Bakery Artisan Bakery Arizona

Visit  JobsWare.com

Visit  Triggr & Bloom







 
  ©2016 PRZOOM — Limelon Advertising, Co.
Home | About PRZOOM | Advertise/Pricing | Contact | Investors | Privacy/TOS | Sitemap | FRANCAIS
newswire, PR free press releases distribution service magazines engine news alert newsroom press room breaking news public relations articles company news alerts newswiredistribution ezine bizentrepreneur biznewstoday digital business report market search pr firms agencies reports distri-bution today investor relation successful internet entrepreneur newswire distribution prtoday.com freenewswiredistribution asianewstoday bizwiretoday USA pr UK today