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SecurityHQ Positioned as a Leader in the 2024 IDC MarketScape for Middle East MDR

by Eleanor Barlow • Dec 2024

SecurityHQ is delighted to announce that it has been named a Leader in the  IDC MarketScape: Middle East Managed Detection and Response Vendor Assessment 2024 (doc#META52536124, September 2024).

“We believe being recognized as a Leader reflects our commitment to delivering tailored cybersecurity solutions that meet the evolving needs of our customers and partners in the Middle East. Our comprehensive service offerings provide best-in-class protection, helping our customers navigate a rapidly changing threat landscape. We are dedicated to continuously enhancing our capabilities to stay ahead of emerging threats, ensuring our services remain effective, adaptive, and aligned with the unique challenges modern businesses face” – Aaron Hambleton, Regional Director (MEA), SecurityHQ

What is the IDC MarketScape, and What Does Being a Leader Mean?

This IDC MarketScape study presents a vendor assessment of MDR service providers in the Middle East. The IDC MarketScape model evaluated 18 Middle East MDR service providers with operations and customers worldwide. Providers’ current capabilities and future strategies for delivering MDR services to customers worldwide were measured.

“Organizations are increasingly seeking MDR services to reduce false positives and enhance threat detection, investigation, and response. Over the next three years, MDR is expected to be the fastest-growing security service in the Middle East, with offerings evolving to include pre-breach assessments and security posture advisories. The value of MDR lies in its ability to understand business-driven requirements, consume relevant data, and deliver actionable insights that align with both technical and business needs.” –  Shilpi Handa, Associate Director of Cybersecurity, IDC

The IDC MarketScape vendor analysis model is designed to provide an overview of the competitive fitness of ICT suppliers in a given market.  The research methodology utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each vendor’s position within a given market. The Capabilities score measures vendor product, go-to-market, and business execution in the short term. The Strategy score measures the alignment of vendor strategies with customer requirements in a 3-5-year timeframe. Vendor market share is represented by the size of the circles. 

According to the IDC MarketScape report, “The SHQ Response Platform offers SecurityHQ a competitive edge and is backed by a globally distributed SOC infrastructure and a diverse pool of skilled professionals. Given its experience operating SOCs across the Americas, Asia, and other regions, SecurityHQ can leverage global insights and expertise to enhance its security services. This allows the company to address regional challenges and tailor solutions to meet the specific needs of each location.”

The report went on to say, “SecurityHQ is well suited to entities seeking transparency and active involvement in MDR service delivery. The company’s collaborative approach ensures that customers participate throughout the MDR delivery process. Additionally, SecurityHQ’s global presence and expertise make it a strong choice for customers with global operations. The firm can offer tailored solutions that meet specific requirements.”

View the excerpt here.

About IDC MarketScape:

IDC MarketScape vendor assessment model is designed to provide an overview of the competitive fitness of technology and service suppliers in a given market. The research utilizes a rigorous scoring methodology based on both qualitative and quantitative criteria that results in a single graphical illustration of each supplier’s position within a given market. IDC MarketScape provides a clear framework in which the product and service offerings, capabilities and strategies, and current and future market success factors of technology suppliers can be meaningfully compared. The framework also provides technology buyers with a 360-degree assessment of the strengths and weaknesses of current and prospective suppliers.

About SecurityHQ:

SecurityHQ is a technology-agnostic MSSP that designs and architects custom security solutions to fit your environment’s specific needs. Whether that extends to total management of your security features, or just filling in the gaps, SecurityHQ offers services from 24/7 MDR to threat and risk advisory, to proactive security posture management. Our team of over 480+ SOC Analysts and Engineers is positioned to detect and remediate threats with a 62% lower noise-to-signal ratio than competitors. With our leading expertise, we serve as an extension of your security program and provide the essential elements needed to protect your organization: time and insights.

Website: www.securityhq.com
Facebook: https://www.facebook.com/Sechq
x: https://twitter.com/security_hq
LinkedIn: https://www.linkedin.com/company/securityhq/

For media inquiries, contact Eleanor Barlow at [email protected]