The Gartner Magic Quadrant for Security Information and Event Management (SIEM) is a report put out every 1-2 years to showcase the state of the SIEM market and its vendors. The company evaluates organizations on an “ability to execute” and “completeness of vision” scale. In addition to evaluating SIEM tools, these reports come out for a variety of industries and technologies, and they serve as a powerful source for businesses evaluating which vendors and services may fit their needs.
Once Gartner has analyzed a selection of organizations and their SIEM businesses based on the ability to execute and completeness of vision criteria, the vendors are plotted into one of four categories: niche players, challengers, visionaries, and leaders.
The niche players are generally focused on a smaller market segment where they perform well, or they are stagnant when it comes to innovating their offering. Challengers typically also execute well in their market segment (which can be large), however they don’t illustrate a strong understanding of how their program will evolve with where the market is heading in the future. Visionaries are full of new ideas and how to execute them, but they are still in the process of proving success when acting on that vision. Leaders, in turn, are generally both well positioned in today’s market and understand where they’re going in the future.
The Magic Quadrants are continually evolving, and an organization’s placement will vary from year to year depending on their overall investment and vision in that market.
The primary goal of the Magic Quadrant is to position players within a specific market. This enables organizations to consider their own goals, needs, and priorities when looking at the technologies and services available to them. The Magic Quadrant offers analysis by industry, company size, and region to make it as useful as possible to businesses.
The report also includes each vendor’s strengths and cautions, as well as a breakdown of the methodology used to evaluate vendors and the SIEM landscape as a whole. In conjunction with the Magic Quadrant, Gartner also publishes its complementary Critical Capabilities report to offer additional insight into each product and vendor highlighted in the MQ.