SB Technology takes first place in share of SIEM operation services market

SB Technology Corp. (Headquarters: Shinjuku-ku, Tokyo, President ＆ CEO: Shinichi Ata, hereinafter referred to as SBT) is a market research published by Deloitte Tohmatsu Mic Economic Research Institute, Inc. (hereinafter referred to as Mick) in June 2023. In the report "Current Status and Prospects of the Managed Security Services Market 2023 Edition" (hereinafter referred to as this report), we ranked No. 1 in terms of sales value in the SIEM operation services market in 2022.
Additionally, in the security monitoring and operation services market in FY2022, SBT recorded the highest growth rate of 138.6% compared to the previous year.

In the SIEM operation service market in this report, SBT has grown significantly by 144.4% year-on-year in terms of sales in 2022, ranking first with a domestic share of 33.6%. SIEM is a system that correlates logs from multiple devices in real time and compares and analyzes them with "current" threats. According to Mick, the SIEM operation service market in 2022 will see an increase in the need for "visualization" of threats based on intrusion, as well as rapid investigation and analysis after an incident occurs, and a growing number of users who will outsource difficult-to-operate SIEM operations. Our analysis shows that the market continues to expand as a result of this increase. Furthermore, SBT is expected to grow in double digits by 110.3% year-on-year in the same market in 2023, and is predicted to be No. 1 in market share.

In addition, in the security monitoring and operation services market, SBT 's sales in FY2022 increased by 138.6% compared to the previous year, showing the highest growth among domestic security monitoring and operation service vendors, with a domestic share of 4.9% (7th place). .
Due to the diversification and sophistication of cyber-attacks in recent years, their detection and analysis now require extremely high levels of expertise. At the same time, new security devices and services are appearing one after another, and user companies are increasingly It is becoming increasingly difficult to operate. As a result, there is a growing need to entrust operations to specialized companies, and the security monitoring and operation services market is expected to grow by double digits by 111.1% from the previous year in 2023.

SBT will continue to meet the needs of our customers, enhance our security monitoring and operation services including SIEM operation services, and work towards solving the security issues our customers face.

■ About SBT security services

At SBT, we offer services ranging from consulting to support comprehensive security measures, installation and operation support for security products, managed security services (hereinafter referred to as MSS), and recovery support after an incident to protect customers' important information assets and ensure business continuity. We provide a wide range of one-stop services to support you. To date, SBT 's security services, including security monitoring and operation services, have been used by more than 200 companies and organizations in Japan, including companies with global expansion, and local governments in 405 municipalities in 12 prefectures.

・About security monitoring and operation services including SIEM operation services evaluated in this report

SBT began providing SIEM operation services in 2014 and MSS in 2016. Since then, we have increased the number of security products that can be monitored, responded to customer needs, and expanded the scale of our services. In order to meet the growing demand for surveillance, we are expanding our security monitoring center to twice the size of our existing facility in 2022 to strengthen our system.

・History of SBT 's security monitoring and operation services

2014 Opened SBT-SOC and started providing operational services using SIEM products
2016: Started providing MSS, started construction and operation of Local Government Information Security Cloud for 4 prefectures
2018 Launch of “MSS for Microsoft365” and “MSS for EDR”
2019 Established “Global Monitoring Center” as an overseas base for security operation monitoring
2021 “MSS for Microsoft Sentinel” launched
2022 SBT-SOC expansion, construction and start of operation of Local Government Information Security Cloud for 12 prefectures
2023 Launch of “MSS for Vulnerability Management (VRM)”

■About Deloitte Tohmatsu Mic Economic Research Institute Co., Ltd. “Current Status and Prospects of the Managed Security Services Market 2023 Edition”

In this report, Mick focuses on security monitoring and operation services, including outsourcing, among information security services, and covers the introduction trends and current situation, as well as future strategies and possibilities. This is a consideration of its potential and future potential.
・Publication date: June 2023
・Survey/analysis period April 2023 to June 2023
・Survey target: Security package vendors, general IT vendors, carriers/ISP operators, data center operators, 23 companies in total
・URL https://mic-r.co.jp/mr/02800/

• *Company names, product names, and service names mentioned in this release are registered trademarks or trademarks of each company.