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Exabeam Named a Leader for the 5th Straight Time in Gartner®️ Magic Quadrant™ for Security Information and Event Management (SIEM) 

  • May 14, 2024
  • Steve Wilson
  • 3 minutes to read

Table of Contents

    Introduction

    The company is thrilled to share that Exabeam has once again been named a Leader in the 2024 Gartner Magic Quadrant for Security Information and Event Management (SIEM). Exabeam has been positioned in the Leaders Quadrant for 5 times in a row 2018, 2020, 2021, 2022, and 2024. 

    We feel being named a Leader reflects our team’s deep understanding of market needs, as well as our ability to stay in step with the buyer requirements of the SIEM market. We believe our customers have played a key role in this recognition. We value their continued feedback on delivering a user-centric experience for threat detection, investigation, and response (TDIR). 

    The Exabeam Difference

    Per Gartner, “Leaders provide products that are a strong functional match for the market’s general requirements. These vendors have been the most successful at building an installed base and revenue stream in the SIEM market. In addition to providing technology that is a good match for current customer requirements, Leaders show evidence of superior vision and execution for emerging and anticipated requirements. They typically have a relatively high market share and/or strong revenue growth and receive positive customer feedback about their SIEM capabilities and related service and support.”

    As the company who first introduced machine learning AI to the SIEM market, Exabeam remains an industry innovator, offering a cloud-native platform that allows us to rapidly bring new features to market. Exabeam built its Security Operations Platform to empower the key personas in security Operations. 

    Upon hearing the news of Exabeam’s fifth time positioning in the Leaders Quadrant, our CEO, Adam Geller had this to say: “Being recognized in the Gartner Magic Quadrant for SIEM for the fifth time is an outstanding accomplishment to us and we feel it is a testament to our team’s relentless focus on delivering innovative security operations advancements. The AI-driven Exabeam Security Operations Platform gives our customers the ability to automate, simplify, and accelerate their threat detection, investigation, and response (TDIR) capabilities to stay ahead of attackers and successfully defend their organizations. We are proud to maintain our leadership position in the SIEM market with a proven, highly-scalable, cloud-native solution that organizations today demand.”

    “Without question, the pace of Exabeam’s AI-based innovations is enhanced by our security-focused experience and persona-driven approach to security threats,” added Steve Wilson, Chief Product Officer. “We remain focused on delivering value with AI and helping organizations realize the full potential of their existing security investments. To be recognized again as a Leader in the Gartner Magic Quadrant for SIEM remains a very exciting honor.”

    Conclusion

    And while we at Exabeam may be toasting this exciting recognition from Gartner, our thirst for innovation remains. In the past year, we have added more than 400 new product features to the Exabeam Security Operations Platform. In February alone, we rolled out Threat Center — a unified workbench for threat detection, investigation, and response (TDIR), Exabeam Copilot — a cybersecurity virtual assistant, Automation Management, and Microsoft Sentinel integration, as well as updates to dashboards and global log retention. 

    We know organizations face a challenging landscape in security operations, struggling to identify critical threats amid an overwhelming flood of data and disparate tools. The Exabeam Security Operations Platform combines SIEM, user and entity behavior analytics (UEBA), and security operations center (SOC) automation into a single experience. It empowers each SOC persona to work efficiently and independently, upleveling security expertise for faster, more precise TDIR. We pride ourselves on being the world’s most advanced cloud-native security operations platform, and this recognition from Gartner empowers us to continue on this path.

    Read the full 2024 Gartner Magic Quadrant for Security Information and Event Management (SIEM).

    Download Gartner®️ Magic Quadrant™️ for SIEM, 2024

    Download this complimentary report to learn more about our recognition in this space and how Exabeam can help you achieve your goals.

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    Steve Wilson

    Steve Wilson

    Chief AI and Product Officer | Exabeam | Steve Wilson is Chief AI and Product Officer at Exabeam. Wilson leads product strategy, product management, product marketing, and research at Exabeam. He is a leader and innovator in AI, cybersecurity, and cloud computing, with over 20 years of experience leading high-performance teams to build mission-critical enterprise software and high-leverage platforms. Before joining Exabeam, he served as CPO at Contrast Security leading all aspects of product development, including strategy, product management, product marketing, product design, and engineering. Wilson has a proven track record of driving product transformation from on-premises legacy software to subscription-based SaaS business models including at Citrix, accounting for over $1 billion in ARR. He also has experience building software platforms at multi-billion dollar technology companies including Oracle and Sun Microsystems.

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