The global managed security market is projected to experience significant growth in the coming years. Factors such as the increasing frequency of cyberattacks, stringent regulatory requirements, cybersecurity insurance adoption, security tool sprawl, and the shortage of in-house security expertise drive organizations to seek reliable managed service providers (MSPs). This trend presents many opportunities for MSPs to expand their service offerings and cater to the growing demand for comprehensive security solutions.
Additionally, relying on a point solutions strategy to independently protect networks, endpoints, and identities isn't enough. The search for a unified approach to security where implemented products work together, sharing telemetry and threat intelligence across domains and throughout the entire platform, plays a critical role in the success of MSPs. Extended Detection and Response (XDR) technology is an essential tenet of a unified platform framework that provides knowledge-sharing and threat intelligence to build out a security service line to drive business growth and help customers manage these evolving requirements.
Unified Security: An Opportunity for MSPs
A unified security approach, which combines various security components into a cohesive and integrated solution, is crucial for MSPs looking to succeed in the managed services market. WatchGuard's Unified Security Platform® architecture offers an exemplary model that MSPs can leverage to enhance their offerings. By adopting this unified approach, MSPs can streamline their security operations, increase efficiency, and provide clients with a holistic and cohesive security ecosystem.
Our Unified Security Platform approach encompasses a range of components that can empower MSPs to unlock new business growth and profitability. Collectively, these elements help MSPs offer comprehensive security services to their clients, differentiate themselves in the market, and capitalize on the burgeoning opportunities within the managed IT security services landscape.
Grow Your Security Practice with ThreatSync
One example of how these platform elements can help MSPs achieve significant growth is ThreatSync, WatchGuard’s XDR solution. A critical element within our Unified Security Platform architecture, ThreatSync provides a Cloud-based, fully integrated approach to implementing extended detection and response capabilities across environments, users, and devices. It ingests and normalizes data from multiple sources throughout the platform, and correlates activity from the network and the endpoint to synthesize new detections, assign actionable threat scores, and enable automated or manual responses.
With ThreatSync, IT security admins can seamlessly and meaningfully correlate detections from alerts across multiple threat vectors, automatically assess context, prioritize risk, and trigger remedial actions that they can easily orchestrate across your clients’ organizations. It saves security team cycles, speeds detection, increases security efficacy, and offers exciting opportunities to build out new recurring revenue streams.
Stay ahead of the curve, empower your MSP business, and deliver unparalleled security solutions to your clients. Don't miss out on this opportunity to gain a competitive edge in the market. Learn more about the ONE security platform/ that’s tailormade for MSPs and how it can help you accelerate your full potential for growth and profitability here.