There’s a rising tide for big data apps to help combat cyber-threats and attackers.
The big data and analytics market will reach $125 billion worldwide in 2015, according to research firm IDC.
Big data analytics tools will be the first line of defense, combining machine learning, text mining and ontology modeling to provide holistic and integrated security threat prediction, detection, and deterrence and prevention programs, according to recent predictions by The International Institute of Analytics (IIA).
FBR Capital Markets predicts a 20% increase in “next-generation cybersecurity spending” in 2015, as companies move beyond traditional firewall and endpoint vendors to cloud and big data solutions.
About 10% of enterprises and government agencies have upgraded to next-generation security software, such as firewalls that detect and block threats at the application level, or big data analytics services geared toward security, said FBR Capital Markets Managing Director and Senior Research Analyst Daniel Ives. “The market for those software tools could be $15 billion to $20 billion over the next three years” added Ives.
Who are the vendors cashing in on big data security analytics?
An increasing number of security analytics players landed on the Q2 2015 Cybersecurity 500 list of the world’s hottest and most innovative cybersecurity companies.
- 21CT, Austin, Texas
- Brinqa, Austin, Texas
- Click Security, Austin, Texas
- Code Dx, Northport, NY
- Endgame, Arlington, Va.
- FortScale, San Francisco
- Guardian Analytics, Mountain View, Calif.
- Hortonworks, Santa Clara, Calif.
- LogRhythm, Boulder, Colo.
- IBM, Armonk, NY
- pixlcloud, San Francisco
- Rapid7, Boston
- Red Lambda, Longwood City, Fla.
- Red Owl, Baltimore
- Risk Based Security, Richmond, Va.
- Securonix, San Francisco
- Silobreaker, London, UK
- Skybox Security, San Jose, Calif.
- Splunk, Cupertino, Calif.
- Sqrrl, Waltham, Mass.
- Surfwatch Labs, Sterling, Va.
- Sumo Logic, Redwood City, Calif.
- Verint, Melville, NY
- VisiTrend, Cambridge, Mass.
Expect to see a bigger splash from pure-play big data and business intelligence vendors as the cybersecurity analytics market grows.
Hortonworks, an open-source platform for storing and analyzing big data, raised $100 million in its IPO with an initial market cap of $666 million. Sqrrl and Hortonworks are jointly going to market to provide a secure Big Data platform built on the capabilities of their complementary technologies.
The most notable new market entrant is SAS Institute. The $3 billion market leading business analytics software company recently announced its SAS Cybersecurity platform. Read more…