~Achieved double crown in “SIEM operational analysis service/managed XDR service market” and “Microsoft 365 operation monitoring service market”~
SB Technology Corp.
SB Technology Corp. (Headquarters: Shinjuku-ku, Tokyo, President & CEO: Shinichi Ata Ata, hereinafter referred to as SBT) is the “ITR” issued by ITR Corporation (hereinafter referred to as ITR) on November 21, 2023. Market View: "Endpoint security/information leakage prevention SOC service market 2023", 2022 vendor-specific market in two areas: "SIEM operational analysis service/managed XDR service market" and "Microsoft 365 operational monitoring service market" We achieved the No. 1 share in sales amount, and the No. 1 share for two consecutive years.
According to the same report, SBT has a 20.4% domestic share in the ``SIEM operational analysis service/managed XDR service market,'' which it ranked first in, and is predicted to hold the No. 1 domestic share in 2023 as well. In addition, it ranked first with a sales value share of 32.6% for companies with 10,000 or more employees, which accounted for 53.2% of the service market. SIEM is a system that correlates and analyzes logs from multiple devices in real time and compares it with current threats.The number of companies adopting SIEM is increasing as it allows for instant detection and rapid response. The market size for fiscal year is predicted to be 113.5% compared to the previous year.
The domestic share of the "Microsoft 365 operation monitoring service market" was 37.8%, and the company ranked first in all categories in terms of sales amount share by industry and employee size. It is predicted that it will maintain its high share of 34.9% in 2023 and take first place. The market for this service is centered on large companies that are implementing cloud shift and Microsoft 365, and those with 1,000 or more employees account for a domestic market share of around 90%, focusing on large companies seeking high-end system operations. The introduction of this technology is expected to continue to increase in the future, and is predicted to increase by 130.9% compared to the previous year in fiscal 2023.
In addition, our domestic share in the "ID management security operation monitoring service market" was in second place, achieving rapid growth of 226% compared to the previous year. In the report's summary, the SBT states, ``As the concept of Zero Trust security has become established, an increasing number of companies are innovating their ID management security to strengthen authentication. "The company's rapid growth has contributed to the growth of the market." Thank you for your evaluation.
As a service that supports countermeasures against increasingly sophisticated and diversified cyber attacks, SBT provides comprehensive security support consulting, security product installation and operation support, managed security services (MSS), and post-incident recovery. We provide a wide range of one-stop services to support the protection of customers' important information assets and business continuity. At the Security Monitoring Center (SBT-SOC), security analysts protect your information assets 24 hours a day, 365 days a year. Among these services provided by SBT, 12 security services are designated as "NOZ SECURITY" and are being developed.
Currently, our security monitoring and operation services are used by more than hundreds of enterprise companies and local governments in 405 municipalities in 12 prefectures. In addition, by strengthening collaboration with sales partners nationwide, in addition to our mainstay MSS, we are providing security services that meet customer needs, such as providing low-priced cloud services that are easy to implement even for small and medium-sized companies. We are promoting the expansion of We will continue to work towards solving the security issues faced by our customers.
■NOZ SECURITY
https://www.softbanktech.co.jp/noz/security/
■MSS
https://www.softbanktech.co.jp/service/list/managed-security-service/
■About the ITR research report “ITR Market View: Endpoint security/information leakage prevention SOC service market 2023”
This report is based on ITR's interviews with each vendor by a dedicated analyst, as well as press information and products published by each vendor, targeting six fields of endpoint security countermeasure/information leakage countermeasure SOC services in Japan. This analysis is based on briefing information, public information such as financial statements, and proprietary information held by ITR.
・Publication date: November 2023
・Survey period: July 2023 to September 2023
Contact information regarding this press release
● SB Technology Corp. Public Relations Department
E-mail: sbt-press@tech.softbank.co.jp