NewswireToday - /newswire/ -
San Jose, CA, United States, 2011/05/16 - LogLogic®, the IT Data Management Company, announced it has been positioned by Gartner, Inc. in the leaders quadrant in the May 2011 Magic Quadrant for Security Information and Event Management report by Mark Nicolett and Kelly Kavanagh. NASDAQ: TIBX
“We consider our positioning in the leader quadrant by Gartner confirmation of the LogLogic mission to enable customers to unlock the power of information to improve business performance,” said Bill Roth, Vice President of Marketing, LogLogic. “LogLogic continues to innovate while we execute on our visionary product roadmap. With our upcoming solutions, we will deliver a truly revolutionary product that will change the face of the IT Data Management industry and further enhance our market position.”
LogLogic provides an enterprise-class log management infrastructure/platform that enables customers to collect, centralize and analyze their IT data to adhere to compliance, manage security threats, and mitigate risk in a way that is both easy-to-use and cost effective. The company provides business intelligence for IT within minutes, not days, giving customers back the time and insight that matter most to the business.
LogLogic’s position as a “Leader” in Gartner’s Magic Quadrant is based on the company’s completeness of vision and ability to execute. According to Gartner: “The SIEM Leaders quadrant is composed of vendors that provide products that are a good functional match to general market requirements, have been the most successful in building an installed base and revenue stream within the SIEM market, and have a relatively high viability rating (due to SIEM revenue, or SIEM revenue in combination with revenue from other sources). In addition to providing a technology that is a good match to current customer requirements, Leaders also show evidence of superior vision and execution for anticipated requirements. Leaders typically have relatively high market share and/or strong revenue growth, and have demonstrated positive customer feedback for effective SIEM capabilities and related service and support.”
Read Gartner, Inc.’s “2011 Magic Quadrant for Security Information and Event Management” report.
About the Magic Quadrant
The Magic Quadrant is copyrighted 2011 by Gartner, Inc. and is reused with permission. The Magic Quadrant is a graphical representation of a marketplace at and for a specific time period. It depicts Gartner's analysis of how certain vendors measure against criteria for that marketplace, as defined by Gartner. Gartner does not endorse any vendor, product or service depicted in the Magic Quadrant, and does not advise technology users to select only those vendors placed in the "Leaders" quadrant. The Magic Quadrant is intended solely as a research tool, and is not meant to be a specific guide to action. Gartner disclaims all warranties, express or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.
LogLogic® (loglogic.com) is the IT Data Management Company. More than 1,200 customers worldwide entrust their most sensitive IT data to LogLogic’s award-winning products. For more information on LogLogic and IT Data Management, visit us on the web or on Twitter or Facebook.
All trademarks mentioned in this press release are the property of their respective owners.