The Results Are In…and The Return on Investment Is Clear - Exabeam

The Results Are In…and The Return on Investment Is Clear

Published
April 26, 2022

Author

Reading time
3 mins

Promises, Promises, Promises. We live in a world full of them. And in the tech industry, they are often times unkept.

Customers ask for it; the vendor promises it; sometimes it’s delivered; often it’s not. It seems as though the SIEM market has been full of these unkept promises, and security operations teams pay the ultimate price. Whether an organization is deploying a SIEM for the first time or has an established system in place not meeting their needs, they do share a common goal: to establish a cybersecurity practice that provides not only protection, but value for their investment. So when choosing a SIEM, you’ll want to select wisely so you can eliminate blindspots and respond to insider threats faster and more accurately.

But what does value truly look like when deploying and using a SIEM? It depends on who you talk to. Is it creating time efficiencies for already stretched security teams? Is it creating cost savings by reducing the need for on-premises equipment? How do you determine the true return on investment (ROI)? At Exabeam we believe our SIEM and user and entity behavior analytics solutions protect against threats while reducing deployment costs and increasing manageability, which offers greater ROI.

But don’t take our word for it.

To truly define the value in our Fusion SIEM, we have turned to an independent third-party analysis to validate what we’ve known all along. Known for their comprehensive research across industries, Forrester Consulting conducted a Total Economic ImpactTM (TEI) study to examine the potential return on investment of Exabeam Fusion SIEM. Through their thorough interviews and financial analysis, Forrester found that the potential ROI from Exabeam customers is 245% over three years, with a payback period of less than six months.

The study is full of details on how Fusion SIEM is benefitting real-life users. Here’s what Forrester’s research uncovered:

  • Security teams gain efficiency through a centralized view of their ecosystem. Using this centralized view to investigate security logs, alerts, and incidents, security operations teams reduce false positives and increase their response times.
  • There is decreased financial exposure due to dwell time responding to incidents in minutes versus hours. With automated tools such as timelines and behavior analysis, teams can get to the heart of the issue more quickly.
  • Companies create savings by reducing the need for third-party incident response services for investigations. Eliminating the need for these services to collect and assess data during an incident using Exabeam has tremendous savings. 
  • There are significant cost savings from transitioning to the cloud. A cloud solution avoids managing and patching on-premises equipment, and maintaining large amounts of storage.

Real-world Exabeam customers from these industries contributed to this research: 

Mining

Mining

Chemical

Chemical

Retail and Manufacturing

Retail and Manufacturing

Holding Company

Holding Company

Electronics

Electronics

Financial.

Financial Services

Download the Study

This study is full of stories of the true value experienced by real Exabeam users. Interested in learning more about the potential ROI Exabeam Fusion SIEM brings to organizations? Download and read the full study.

Forrester - The Total Economic Impact™ of Exabeam Fusion

Similar Posts

Auto Parser Generator Now Available for Customers (Updated)

Planning Before the Breach

The Significance and Role of Firewall Logs




Recent Posts

An Outcome-based Approach to Use Cases: Solving for Lateral Movement

Log4j by Another Name. It’s Coming; How Can You Keep Pace?

Exabeam: A Multiplier for Any Zero Trust Strategy

See a world-class SIEM solution in action

Most reported breaches involved lost or stolen credentials. How can you keep pace?

Exabeam delivers SOC teams industry-leading analytics, patented anomaly detection, and Smart Timelines to help teams pinpoint the actions that lead to exploits.

Whether you need a SIEM replacement, a legacy SIEM modernization with XDR, Exabeam offers advanced, modular, and cloud-delivered TDIR.

Get a demo today!