Exabeam Positioned as a Visionary in Gartner’s Magic Quadrant for Security Information and Event Management

SAN MATEO, Calif., Dec. 06, 2017 (GLOBE NEWSWIRE) — Exabeam, a leading provider of Next Gen SIEM solutions, today announced that Gartner, Inc. has positioned Exabeam as a Visionary in its 2017 Magic Quadrant for Security Information and Event Management* report. The full report is available complimentary from the Exabeam website at https://www.exabeam.com/library/2017-gartner-siem-magic-quadrant/.

The report which evaluated 19 different software vendors, and aims to help organizations evaluate the Security Information and Event Management (SIEM) market and systems, recognized Exabeam as a Visionary for SIEM.

“We feel this year’s Magic Quadrant essentially marks the turning of the tides in the SIEM market,” expressed Nir Polak, CEO of Exabeam. “New entrants, like Exabeam, are reshaping how SIEMs should be built and bringing innovation into the market. Moving forward all Next Gen SIEMs, like Exabeam, will have to have an integrated platform—that includes a data lake for unlimited storage, behavioral analytics for threat detection, and security orchestration and automation for incident response—to be competitive in the market.”

According to Gartner, “The greatest area of unmet need [of a typical customer] is effective detection of targeted attacks and breaches. Organizations are failing at early breach detection, with more than 80% of breaches undetected by the breached organization. The situation can be improved with threat intelligence, behavior profiling and effective analytics.”

“We believe that our placement in the Visionaries quadrant validates our approach to security management,” commented Sylvain Gil, VP of products at Exabeam. “We’ve systematically focused on delivering value to our customers, and on solving the problems inherent to legacy SIEMs, including an inability to provide appropriate price-to-value ratios, poor detection of modern threats, and a lack of truly automated incident response.”

*Gartner “Magic Quadrant for Security Information and Event Management” by Kelly M. Kavanagh and Toby Bussa, December 4th, 2017.

Gartner disclaimer Gartner does not endorse any vendor, product or service depicted in its research publications, and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s research organization and should not be construed as statements of the fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

About Exabeam
Exabeam provides security intelligence and management solutions to help organizations of any size protect their most valuable information. The Exabeam Security Intelligence Platform uniquely combines a data lake for unlimited data collection at a predictable price, machine learning for advanced analytics, and automated incident response into an integrated set of products. The result is the first modern security intelligence solution that delivers where legacy SIEM vendors have failed. Built by seasoned security and enterprise IT veterans from Imperva, ArcSight, and Sumo Logic, Exabeam is headquartered in San Mateo, California. Exabeam is privately funded by Norwest Venture Partners, Aspect Ventures, Icon Ventures, Lightspeed Venture Partners, and investor Shlomo Kramer.

CONTACT: Brittany Hendrickson
brittany@inkhouse.com

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