Company Aims to Help Service Providers Tackle Business Challenges and Increase Their Profit Margins
DEL VALLE, Texas — April 25, 2023 —ManageEngine, the enterprise IT management division of Zoho Corporation, today announced the launch of the MSSP Edition of its cloud-based SIEM solution, Log360 Cloud. The solution will be showcased at RSA Conference, which is taking place in San Francisco on April 24-27, 2023.
According to a recent ManageEngine study, organizations are currently facing a shortage of cybersecurity staff. With budgeting constraints and the current economic situation, addressing security challenges and moving to a higher security maturity level is difficult for enterprises. Furthermore, organizations are finding that the overall cost of deploying and managing security solutions, including SIEM solutions, is higher than the price of managed security services. Due to these factors, more and more enterprises are looking to MSSPs for their security needs.
However, MSSPs also face specific business challenges, such as managing the security of their clients without compromising on data segregation as well as optimizing resource utilization and maintenance costs to increase their profit margins.
"The MSSP market is set for expansion, but MSSPs have to assure their clients that data segregation and security are ensured continually. This requires additional investments in the appropriate technology, hardware and personnel, reducing the profit margins of MSSPs," said Manikandan Thangaraj, vice president of ManageEngine.
The MSSP Edition of Log360 Cloud is designed to address the unique business challenges of MSSPs and thereby drive up their profit margins.
"Leveraging the advantages of cloud deployment, MSSPs can ensure data segregation and security with no additional effort. Log360 Cloud also offers multi-tenancy; RBACs in addition to security analytics; and incident management and threat detection, investigation and response (TDIR) features, making it the perfect fit to address the requirements of MSSPs," said Thangaraj.
Log360 Cloud's MSSP Edition offers the following capabilities:
ManageEngine Log360 Cloud, a unified cloud SIEM solution with integrated CASB capabilities, helps enterprises secure their network from cyberattacks. With its security analytics, threat intelligence, and incident management capabilities, Log360 Cloud helps security analysts spot, prioritize, and resolve threats in both on-premises and cloud environments. The solution is highly scalable and helps drive down infrastructure and storage costs. For more information about Log360 Cloud, visit https://www.manageengine.com/cloud-siem/.
ManageEngine is the enterprise IT management division of Zoho Corporation. Established and emerging enterprises—including 9 of every 10 Fortune 100 organizations—rely on ManageEngine's real—time IT management tools to ensure optimal performance of their IT infrastructure, including networks, servers, applications, endpoints and more. ManageEngine has offices worldwide, including the United States, the United Arab Emirates, the Netherlands, India, Colombia, Mexico, Brazil, Singapore, Japan, China and Australia, as well as 200+ global partners to help organizations tightly align their business and IT. For more information, please visit manageengine.com, follow the company blog and on LinkedIn, Facebook and Twitter.