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IntroductionToday, security information management has become one of the hot topics in the enterprise IT security space. The sheer volume of security data that organizations need to monitor has forced many organizations to devote an increasing amount of time to manage such alerts putting even more pressure on already over-burdened administrators.ScopeIdentifies four principal means how organizations monitor alerts either as a managed service or as a software solution.Comments on trend behavior for enterprise IT solution providers such as the increasing focus on sales channel and market messaging verticalization.Identifies common drivers for all security information management solutions organizations, drawn towards managed security services, security information management tools or a combination of both.Determines how historical revenues for MSSPs and SIM vendors grow, as well as how markets for these solutions set over time.HighlightsBy year-end 2004 vendors will have generated $174m from the security information management software market. The strong drivers for this solution will propel the market forward over the next four years, at a CAGR of 35%, to reach approximately $575m by year-end 2008.Datamonitor believes that the overall MSS market generated revenues of almost $1.1bn in 2004 and that this will grow to reach almost $2.8bn by 2008. Of this, the security monitoring services market reached $140m in 2004, growing to around $295m in 2008 at a CAGR of 20.5%.Datamonitor believes that, even if security is treated differently now, in the future a more holistic approach to system availability will force customers to adopt a more wide-ranging risk posture than just with security alone.Reasons to PurchaseComments on some of the most prominent organizations operating in SIM solution markets and highlights their specific strengths and best practice.Comments on the main drivers for SIM solutions over the next 12 months.Helps customers understand how security information management fits into the overall systems management pitch. |