- The Quadrant Knowledge Solutions SPARK Matrix™ provides competitive analysis & ranking of the leading Managed Detection and Response (MDR) vendors
06 October 2022: Quadrant Knowledge Solutions announced today that it has published SPARK MatrixTM analysis of the global Managed Detection and Response (MDR) market.
The Quadrant Knowledge Solutions SPARK Matrix™: Managed Detection and Response (MDR) includes a detailed analysis of global market dynamics, major trends, vendor landscape, and competitive positioning. The study provides competitive analysis and ranking of the leading MDR vendors in the form of its SPARK MatrixTM. The study provides strategic information for users to evaluate different vendor capabilities, competitive differentiatiors and market position.
According to Hardik Jain, Analyst at Quadrant Knowledge Solutions, “A Managed Detection and Response (MDR) solution offers 24*7 security control, rapid incident response, threat discovery, threat investigation and helps organizations to eliminate cyber threats to protect and secure organizations’ assets and sensitive data. Additionally, the solution enables organizations to protect data from fileless malware and phishing attacks, defends the business against external and insider data theft attempts, quickly responds to a security incident, and validates suspicious activity on endpoints. Driven by the growing market opportunity and due to the continuous evolution and increasing sophistication of cyber attacks, MDR solution vendors are offering comprehensive features such as Threat Detection, Incident Response, Threat Intelligence and Security Monitoring, and Analytics. Additionally, vendors are focusing on providing the service with third-party EPP/EDR products, unifying MDR, digital risk protection and attack surface monitoring, automated AD attack path feature, IOT/OT XDR, and cloud security advancements.” Hardik adds.
Digital transformation has led to a rise in different kinds of cyber threats resulting in a high volume of security alerts, which are often missed by the organization’s security team. MDR acts as a catalyst for these kinds of cyber threats and security alerts to secure organizational IT assets and helps organizations precisely configure security policies for better security. MDR solutions provide modern security operations center (SOC) capabilities, 24/7 threat monitoring, turnkey threat detection and response across on-prem, remote resources, cloud services, and OT/ICS environments. An MDR enhances cyber agility and resilience against advanced threats with real-time detection and response while leveraging automated threat management solutions powered by AI and ML. MDR providers leverage real attack data to improve the organization’s overall security posture by protecting it from threats. Additionally, A MDR solution also aids organizations in performing root cause analysis for every cyber threat, or any other threat found on an endpoint proactively and deemed important, searches endpoints for signs of threats known as threat hunting, and takes decisive action when a security incident, either potential or in-progress, is identified.
The research includes detailed competition analysis and vendor evaluation with the proprietary SPARK MatrixTM analysis. The SPARK Matrix includes an analysis of vendors, including Alert Logic, Arctic Wolf, Binary Defense, BlueVoyant, Cisco, Critical Start, CrowdStrike, Cybereason, Deepwatch, eSentire, Expel, WithSecure, Fishtech, GoSecure, Kaspersky, Kudelski Security, Kroll, LMNTRIX, Mnemonic, Mandiant, NCC Group, Open Systems, Orange Cyberdefense, Pondurance, Proficio, Rapid7, Red Canary, Secureworks, Sentinel One, Sophos, and Trustwave.
About Quadrant Knowledge Solutions
Quadrant Knowledge Solutions is a global advisory and consulting firm focused on helping clients as a strategic knowledge partner in achieving business transformation goals with Strategic Business and Growth Advisory Services. Quadrant’s research and consulting deliverables are designed to provide comprehensive information and strategic insights for helping clients formulate growth strategies to survive and thrive in ever-changing business environments.
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