Recently, we learned the good news from industry analyst firm, Frost & Sullivan, that we received the 2019 Frost Radar Award for Growth, Innovation & Leadership (GIL) in the Global Managed Security Services (MSS) Market. Frost & Sullivan’s global team of analysts and consultants recognized our achievements in innovating and creating new products and solutions that serve ever-evolving customer needs.
The criteria analyzed by Frost & Sullivan to determine the award were innovation, scalability, research and development, product portfolio, mega trends leverage, customer alignment as well as business factors including market share, revenue growth, growth pipeline, vision and strategy, sales and marketing. In particular, the analysts noted AT&T Cybersecurity as one of the most significant contributors to the rapid growth of the security market, as well as the overall pace of technological innovation.
This recognition is noteworthy. It validates our years of experience in helping to protect network assets and our deep industry expertise; it supports our approach to helping enterprises fight the complexity and cost of cybercrime that is integrated, automated, and orchestrated with the right people, process, and technology. With our portfolio of managed security services, including AT&T Managed Threat Detection and AT&T Global Security Gateway, organizations can help to reduce business risk and achieve cybersecurity efficiency within budget.
And, the Frost Radar Award demonstrates we are at the forefront of the changing cybersecurity landscape and the increasing adoption of MSS. There are several reasons for this MSS growth. More organizations are realizing fighting cybercrime is not their core competency, and they don’t have the resources to tackle it; especially during the current global health crisis. It is difficult to evaluate, adopt, implement, and actively manage up to 75 or more different cybersecurity solutions needed to meet today’s security needs. Also, transitioning to next-generation services such as 5G, IoT and Edge Computing, as well as cloud-based business models, adds to the complexities of managing cybersecurity as IT environments become more complicated.
Ultimately, we understand cybersecurity is a journey, not a destination. Our mission is to be the trusted advisor for enterprises on the road to cybersecurity resiliency, making it safer for them to innovate.