Enterprises in France Seek Cybersecurity Services to Protect Information and Identity
- Cyclicals drag S&P 500 lower; Microsoft, Alphabet keep Nasdaq flat
- Ford (F) Stock Up 4% Following Q3 EPS Beat, Reinstated Dividend
- eBay (EBAY) Stock Drops 5% Despite Q3 Beat as Guidance Muted
- Oil drops more than 1% as U.S. stockpiles rise sharply
- Mimecast Limited (MIME) exploring a possible sale - WSJ
Get instant alerts when news breaks on your stocks. Claim your 1-week free trial to StreetInsider Premium here.
ISG Provider Lens™ report finds French companies embracing a broad range of cybersecurity products and services offered by providers
PARIS--(BUSINESS WIRE)-- Enterprises in France are investing in cybersecurity to comply with privacy regulations, prevent breaches and avoid audit failures, with top executives taking a stronger interest in security, according to a new report published today by Information Services Group (ISG) (Nasdaq: III), a leading global technology research and advisory firm.
The 2021 ISG Provider Lens™ Cybersecurity – Solutions & Services Report for France finds many enterprises in the country looking for providers that can help them move from a static to a dynamic cybersecurity posture. The use of multiple cloud services by many French companies has brought more complexity to protecting enterprise data, and ransomware has become a major threat in the country.
In addition to financial scams and the rush to the cloud, the COVID-19 pandemic has created challenges for French companies looking to safeguard their data, said Lyonel Roüast, president of ISG SEMEA in France. “Companies in France have prioritized remote access for employees, collaboration services and business continuity,” he said. “Company budgets need to expand to secure end users and data and protect company brands.”
The report also sees enterprises in France adopting identity and access management (IAM) technologies as traditional security perimeters begin to crumble. French companies see IAM services as a foundation for a new zero-trust security posture.
With the growing adoption of the cloud, vendors are moving IAM from on premises to the cloud, with clients demanding pay-as-you-go models or IAM-as-a-Service, also known as Identity-as-a-Service (IDaaS), the report adds. Porting products that are designed to be run on premises to the cloud demands new investments from companies, but providers are now offering cloud-native IAM products at competitive prices.
Enterprises in France are also adopting advanced endpoint threat protection, detection and response services to protect employees working from home during the pandemic, the report says. In addition to external threats, a combination of legacy technologies and an explosion in the number of internet-facing endpoints is creating complexity and leading to configuration errors. Many French companies see advanced endpoint protection services as a way to continuously monitor all endpoints and achieve total visibility.
In addition, data loss prevention and data security products represent a mature market in France, the report says. Strict privacy regulations, including the EU’s General Data Protection Regulation (GDPR), have pushed French companies to adopt these technologies.
Finally, a shortage of cybersecurity skills worldwide is creating a booming business for managed security service providers in France, the report says. The report predicts significant growth in the use of security consulting services over the next two years.
The 2021 ISG Provider Lens™ Cybersecurity – Solutions & Services Report for France evaluates the capabilities of 83 providers across seven quadrants: Identity and Access Management; Data Leakage/Loss Prevention and Data Security; Advanced Endpoint Threat Protection, Detection and Response; Technical Security Services; Strategic Security Services; Managed Security Services for Large Accounts; and Managed Security Services for the Midmarket.
The report names IBM as a Leader in five quadrants and Atos, Capgemini, NTT and Orange Cyberdefense as Leaders in four. Accenture, Broadcom, Microsoft, Thales, Trend Micro and Wipro are named Leaders in two quadrants, and Check Point, Computacenter, CrowdStrike, Deloitte, EY, Forcepoint, Intrinsec, Kaspersky, Kudelski Security, McAfee, Okta, OpenText, Ping Identity, PwC, SailPoint, Sophos, Sopra Steria, Varonis, Verizon, VMware Carbon Black and WALLIX are all named Leaders in one quadrant.
In addition, CyberProof was named a Rising Star—companies with “promising portfolios” and “high future potential” by ISG’s definition—in three quadrants. Cybereason, Deloitte, Digital Guardian and IN Groupe (Nexus) were named Rising Stars in one quadrant.
The 2021 ISG Provider Lens™ Cybersecurity – Solutions & Services Report for France is available to subscribers or for one-time purchase on this webpage.
About ISG Provider Lens™ Research
The ISG Provider Lens™ Quadrant research series is the only service provider evaluation of its kind to combine empirical, data-driven research and market analysis with the real-world experience and observations of ISG's global advisory team. Enterprises will find a wealth of detailed data and market analysis to help guide their selection of appropriate sourcing partners, while ISG advisors use the reports to validate their own market knowledge and make recommendations to ISG's enterprise clients. The research currently covers providers offering their services globally, across Europe, as well as in the U.S., Germany, Switzerland, the U.K., France, the Nordics, Brazil and Australia/New Zealand, with additional markets to be added in the future. For more information about ISG Provider Lens research, please visit this webpage.
A companion research series, the ISG Provider Lens Archetype reports, offer a first-of-its-kind evaluation of providers from the perspective of specific buyer types.
ISG (Information Services Group) (Nasdaq: III) is a leading global technology research and advisory firm. A trusted business partner to more than 700 clients, including more than 75 of the world’s top 100 enterprises, ISG is committed to helping corporations, public sector organizations, and service and technology providers achieve operational excellence and faster growth. The firm specializes in digital transformation services, including automation, cloud and data analytics; sourcing advisory; managed governance and risk services; network carrier services; strategy and operations design; change management; market intelligence and technology research and analysis. Founded in 2006, and based in Stamford, Conn., ISG employs more than 1,300 digital-ready professionals operating in more than 20 countries—a global team known for its innovative thinking, market influence, deep industry and technology expertise, and world-class research and analytical capabilities based on the industry’s most comprehensive marketplace data. For more information, visit www.isg-one.com.
Lucy Hermann-Taylor, ISG
+33 06 76 01 35 48
Morgane Meyer, AxiCom for ISG
+33 06 89 24 44 08
Source: Information Services Group, Inc.
Serious News for Serious Traders! Try StreetInsider.com Premium Free!
You May Also Be Interested In
- Australian Firms Invest in Workforce Tools, Customer Data Analytics after Pandemic Disrupts Contact Centers
- Affinity Bancshares, Inc Announces Third Quarter 2021 Financial Results
- Mosaic Minerals Corp Announces Resignation of Chief Financial Officer
Create E-mail Alert Related CategoriesBusiness Wire, Press Releases
Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!