The Economic Condition
After the down slide of US economy, there is lull now. Even the noted economist are not sure which way it will turn. Even in the uncertain economic times, the IT security cannot be compromised. It is a good sign that the companies are considering the IT/data security far too important.
Gartner Survey Results
This is evidently clear from the results of the recent Gartner survey on budget allocation towards security software and services. Definitely there will be an increase. It is around 4%. Even though there is an increase in budget, the increase is limited. But during the tough times, you do not have the luxury of big budget. The limited budget, the companies can set aside, need to be spent on the security software judiciously. This was reflected by the Gartner analysts in their report.
More Quality and Less Cost
SIEM is a major area, which is a proactive way of ensuring security. The companies have realized the benefit of being proactive when it comes to IT/data security. Hence, the results show the increase in budget (even though it is marginal) for security software. The emphasis is on limited increase in budget during these turbulent economic times. This means that the IT managers with budgetary powers, should look for the products/suites which offer real value for money. As such small and medium businesses are prudent in their security spending. Now it is time large enterprises to toe the SMB line and scout for enterprise grade, cost effective security solutions. They are not afford to spend their fortune to chase the reputed brand names for ensuring security.
ManageEngine Philosophy
ManageEngine, since inception believed in the philosophy of high quality and low cost (whether it is rain or shine in economy). IT Managers in your search for cost effective enterprise SIEM solutions, take note of ManageEngine suite. Yes, ManageEngine now offers enterprise grade (Distributed Edition) SIEM solutions. EventLog Analyzer, is an event log management & regulatory compliance solution and Firewall Analyzer is a security event management & bandwidth monitoring solution. Take an informed decision during tough economic situations. Choose the right SIEM enterprise solutions complete in features and right in price.
Have a look at EventLog Analyzer Enterrpise Solution (Distributed Edition).
