III Information Services Group Inc.

Enterprises in Germany Turn to Cybersecurity Providers to Help with Pandemic Challenges

As enterprises in Germany digitize their operations and deal with the ongoing effects of the COVID-19 pandemic, they are looking to cybersecurity service providers to help them better protect their IT systems, according to a new report published today by Information Services Group () (Nasdaq: ), a leading global technology research and advisory firm.

The 2021 ISG Provider Lens™ Cybersecurity – Solutions & Services Report for Germany finds enterprises in the country turning to service providers to help them improve their cybersecurity measures, due to the increased risks that come with employees working from home during the pandemic. Many employees in Germany will continue to work from home after the pandemic is under control, the report predicts, requiring heightened cybersecurity measures going forward.

“The pandemic has led to an expansion of the corporate network into employees’ homes,” said Roger Albrecht, co-leader of ISG Cybersecurity, based in Germany. “This makes IT systems more vulnerable and drives demand in Germany for the services offered by cybersecurity providers.”

In addition to challenges created by the pandemic, cybercriminals are becoming increasingly sophisticated, the report adds. Ransomware schemes have become a major problem, creating demand for new cybersecurity measures.

At the same time, many German enterprises are overwhelmed due to a shortage of qualified cybersecurity professionals, the report says. As a result, many German companies are turning to managed service providers and other cybersecurity firms to assist with their security needs. Many of these providers are increasingly relying on proactive security methods, instead of reactive measures, based on advanced technologies like artificial intelligence.

In addition to updated IT security systems, German enterprises need to consider user training services to improve their cybersecurity, the report adds. Many cyberattacks, including Trojans and phishing attacks, are boosted by careless behavior by employees.

The report also notes that the EU’s General Data Protection Regulation creates challenges for midsize companies looking to comply with its requirements to implement stronger security measures. The German midmarket is a prime market for cybersecurity service providers, due to midsize companies’ lack of sophisticated security systems.

The report sees a growing interest in data leakage and data loss prevention services in Germany. The increasing use of personal devices for business poses a challenge in preventing data leakage, especially during the pandemic, and many German enterprises are looking for cloud-based data loss prevention tools.

The 2021 ISG Provider Lens™ Cybersecurity – Solutions & Services Report for Germany evaluates the capabilities of 94 providers across six quadrants: Identity and Access Management; Data Leakage/Loss Prevention and Data Security; Advanced Endpoint Threat Protection, Detection and Response; Technical Security Services; Strategic Security Services; and Managed Security Services.

The report names IBM as a Leader in five quadrants, Atos a Leader in four quadrants and Accenture, Axians, Capgemini and Microsoft as Leaders in three. Bechtle, Broadcom, CANCOM, Computacenter, Controlware, Deutsche Telekom, DXC Technology, Orange Cyberdefense and Trend Micro are named Leaders in two quadrants.

Crowdstrike, Deloitte, DriveLock, EY, Forcepoint, Ivanti MobileIron, Kaspersky, KPMG, Matrix42, McAfee, Okta, Ping Identity, PwC, RSA, Sophos, Sopra Steria, TCS and VMware Carbon Black are name Leaders in one quadrant.

In addition, Cybereason, Deutsche Telekom and glueckkanja-gab were named Rising Stars—companies with “promising portfolios” and “high future potential” by ISG’s definition—in one quadrant.

Customized versions of the report are available from , , , and .

The 2021 ISG Provider Lens™ Cybersecurity – Solutions & Services Report for Germany is available to subscribers or for one-time purchase on this .

About ISG Provider Lens™ Research

The ISG Provider Lens™ Quadrant research series is the only service provider evaluation of its kind to combine empirical, data-driven research and market analysis with the real-world experience and observations of ISG's global advisory team. Enterprises will find a wealth of detailed data and market analysis to help guide their selection of appropriate sourcing partners, while ISG advisors use the reports to validate their own market knowledge and make recommendations to ISG's enterprise clients. The research currently covers providers offering their services globally, across Europe, as well as in the U.S., Germany, Switzerland, the U.K., France, the Nordics, Brazil and Australia/New Zealand, with additional markets to be added in the future. For more information about ISG Provider Lens research, please visit this .

A companion research series, the ISG Provider Lens Archetype reports, offer a first-of-its-kind evaluation of providers from the perspective of specific buyer types.

About ISG

ISG (Information Services Group) (Nasdaq: ) is a leading global technology research and advisory firm. A trusted business partner to more than 700 clients, including more than 75 of the world’s top 100 enterprises, ISG is committed to helping corporations, public sector organizations, and service and technology providers achieve operational excellence and faster growth. The firm specializes in digital transformation services, including automation, cloud and data analytics; sourcing advisory; managed governance and risk services; network carrier services; strategy and operations design; change management; market intelligence and technology research and analysis. Founded in 2006, and based in Stamford, Conn., ISG employs more than 1,300 digital-ready professionals operating in more than 20 countries—a global team known for its innovative thinking, market influence, deep industry and technology expertise, and world-class research and analytical capabilities based on the industry’s most comprehensive marketplace data. For more information, visit .

EN
13/08/2021

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on Information Services Group Inc.

 PRESS RELEASE

AI Becoming Essential to HCM, ISG Says

STAMFORD, Conn.--(BUSINESS WIRE)-- AI is becoming a core requirement for human capital management (HCM) and employee engagement, with two-thirds of enterprises expected to need AI-enabled capabilities in their HCM systems by 2027, according to new research from global AI-centered technology research and advisory firm Information Services Group () (Nasdaq: ). The ISG Buyers Guides™ for HCM, produced by ISG Software Research, find the biggest driver of change in talent management and HR management system (HRMS) software is the growing use of AI and machine learning (ML) in these systems. Once f...

 PRESS RELEASE

Enterprises to Boost AI and Data Analytics Skills in Global Capability...

STAMFORD, Conn.--(BUSINESS WIRE)-- New survey research from global AI-centered technology research and advisory firm Information Services Group () (Nasdaq: ) finds the majority of enterprises plan to leverage AI in their global capability centers (GCCs) so those centers can take on higher-value work. The newly released finds GCC staffing is shifting away from primarily labor arbitrage to also deliver higher-skilled work and expertise that drives greater innovation and productivity. Respondents said overall staffing levels will remain largely unchanged, but the mix of skills will focus more o...

 PRESS RELEASE

Asia Pacific Utilities Modernize Grids to Meet Rising Demand

SYDNEY--(BUSINESS WIRE)-- The power and utilities industry in Asia Pacific is increasingly investing in AI and other digital technologies to address operating challenges arising from increased power consumption and renewable energy development, according to new research reports published today by Information Services Group () (Nasdaq: ), a global AI-centered technology research and advisory firm. Energy demand in Asia Pacific, which accounts for more than half of global electricity consumption, is surging due to industrialization and population growth, ISG says. Data centers, AI, cryptocurren...

 PRESS RELEASE

L’industrie 4.0 gagne du terrain en Europe

LONDRES--(BUSINESS WIRE)-- La révolution numérique continue de transformer le paysage manufacturier européen, les initiatives de l’industrie 4.0 gagnant en dynamisme, selon un nouveau rapport de recherche publié aujourd’hui par Information Services Group () (Nasdaq : ), une société mondiale de recherche et de conseil en technologie centrée sur l’IA. Le rapport 2024 ISG Provider Lens™ Manufacturing Industry Services and Solutions pour l’Europe constate que les fabricants, dans leur volonté d’atteindre les objectifs de l’industrie 4.0, cherchent à adopter l’IA/ML, l’IoT et la robotique pour har...

 PRESS RELEASE

Industry 4.0 Gaining Momentum in Europe

LONDON--(BUSINESS WIRE)-- The digital revolution continues to transform Europe’s manufacturing landscape, with Industry 4.0 initiatives gaining momentum, according to a new research report published today by Information Services Group () (Nasdaq: ), a global AI-centered technology research and advisory firm. The 2024 ISG Provider Lens™ Manufacturing Industry Services and Solutions report for Europe finds manufacturers, in their push to achieve Industry 4.0 goals, are looking to adopt AI/ML, IoT and robotics to streamline operations, enhance efficiency and improve decision-making. The report ...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch